debt
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Asia
Sri Lanka signs $2.5 billion debt deal with Japan
China remains Sri Lanka’s largest bilateral lender, accounting for US$4.66 billion of the US$10.58 billion borrowed from other nations. Japan…
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Asia
With highest household debt in Southeast Asia, can Thailand break the ‘vicious cycle’?
Pavida agrees that credit cards in particular have become an “easy trap” for young people exposed to aggressive marketing campaigns…
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News
Growing comfort with debt as more young Singaporeans use buy now, pay later service for daily spending
Like Ms Chen, who furnished her home with BNPL instalments, Mr Darius Ng is also using BNPL to fund his…
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Videos
Canada’s household debt larger than the country’s economy
Canada’s household debt ratio is the highest of any G7 country. Heather Wright explains. Subscribe to CTV News to watch…
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Asia
IMF asks Sri Lanka to protect hard-won gains
COLOMBO: Sri Lanka’s painful austerity measures were “bearing fruit” and must be sustained, the International Monetary Fund said on Friday (Oct…
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Asia
Pakistan braces for ‘transitional pain’ as IMF approves $7 billion loan
ISLAMABAD: Pakistan said on Thursday (Sep 26) it would have to go through “transitional pain” after the International Monetary Fund agreed…
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Asia
Commentary: China’s debt divide is hurting its economy
PRESSURE ON LOCAL GOVERNMENTS A basic fact about China’s fiscal system is that local governments do almost all of the…
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Asia
Fitch downgrades China sovereign credit outlook on debt fears
BEIJING: Ratings agency Fitch said on Wednesday (Apr 10) it had downgraded China’s sovereign credit outlook to negative, citing increased…
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Asia
Gaps in Philippine medical system force patients into debt, healthcare workers to leave for work overseas
HEALTH FINANCING However, these reforms require funding. In the Philippines, public healthcare is financed through the DOH’s annual national allocation, a…
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News
The Big Read: Burdened with family expectations and lured by temptations, some foreign domestic workers get snared in debt trap
Ms Yoon Wai Wai Khin, a 31-year-old domestic helper, used to earn a monthly salary of S$500 in 2021 and…
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