Asia defies expected rise in bankruptcies, thanks to govt relief

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TOKYO • A feared wave of corporate bankruptcies has yet to materialise in Asia, due to a lot of help from policymakers.

If anything, the number of companies going out of business has dropped from last year in countries such as Japan and Singapore.

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A version of this article appeared in the print edition of The Straits Times on October 23, 2020, with the headline Asia defies expected rise in bankruptcies, thanks to govt relief. Subscribe