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Debt restructuring/Insolvency

Singapore to update restructuring and insolvency framework to better serve economy, businesses

Law Minister Edwin Tong speaking at the Singapore Insolvency Conference on Oct 21.
Law Minister Edwin Tong speaking at the Singapore Insolvency Conference on Oct 21.

Gambling away more than his pay: Man earns $28k a month, loses $30k

It is hard not to be mired in debt if you gamble away more than what you earn.
It is hard not to be mired in debt if you gamble away more than what you earn.

High debt, growing strains put focus on need for new development approaches

World Bank Group President Ajay Banga attends the Annual Meetings Plenary for the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, October 16, 2026. REUTERS/Patipat Janthong
World Bank Group President Ajay Banga attends the Annual Meetings Plenary for the IMF/World Bank 2026 Annual Meetings at Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, October 16, 2026. REUTERS/Patipat Janthong

Why you should always say ‘no’ to friends asking for loans

It is hard to get a friend to repay a loan when he or she simply refuses to return your money.
It is hard to get a friend to repay a loan when he or she simply refuses to return your money.

English football ‘dangerously exposed’ to financial risk, regulator finds

An independent regulator found that nearly two-thirds of English Football League and National League clubs were technically insolvent.
An independent regulator found that nearly two-thirds of English Football League and National League clubs were technically insolvent.

‘No choice’: IMF says developing countries must cut spending or restructure debt

International Monetary Fund deputy director of research Petya Koeva Brooks said heavily indebted oil-importing countries were facing the worst of the energy shock.
International Monetary Fund deputy director of research Petya Koeva Brooks said heavily indebted oil-importing countries were facing the worst of the energy shock.

ST Explains

Crystal Jade’s receivership: What happens next and what it means for staff

The Crystal Jade outlet at Jurong Point on Sept 17, 2026.
The Crystal Jade outlet at Jurong Point on Sept 17, 2026.

194,000 Jetstar Asia customers can recover $11.4m in unused bookings, vouchers: Singapore court

The decision by the Singapore International Commercial Court comes in the wake of Jetstar Asia winding up its business in the Republic in 2025.
The decision by the Singapore International Commercial Court comes in the wake of Jetstar Asia winding up its business in the Republic in 2025.

mm2 Asia’s rescue investor gets waiver to take control without making general offer

MMRA received regulatory approval to take control of mm2 without a mandatory general offer after subscribing for up to 16.34 billion new shares, aiding the company’s debt restructuring.
MMRA received regulatory approval to take control of mm2 without a mandatory general offer after subscribing for up to 16.34 billion new shares, aiding the company’s debt restructuring.

Money trauma is a growing topic of discussion in Singapore, say coaches and social workers

The city’s fast pace of life and rising cost of living have led to more anxieties related to money.
The city’s fast pace of life and rising cost of living have led to more anxieties related to money.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.