Singapore companies have reached dangerous debt level, says research firm

Cityindex.co.uk, 4 Jun 2014
Singapore companies have a level of indebtedness that has reached new highs as the country's economic growth slows, according to GMT Research.
Debt rose to six times the amount of operating cash flow in 2013 for non-financial Singaporean companies, from 5.1 times in 2012, the Hong Kong-based research firm revealed.
Leverage among corporates has now reached a "danger

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