Singapore's Bankruptcy Filings Decline 20% Last Year to Lowest Since 1996

Bloomberg, 17 Jan 2011Singapore’s bankruptcy applications last year fell to the lowest level since 1996 as the city- state’s economy rebounded, posting the world’s fastest growth after Qatar.The number of bankruptcy filings dropped 20 percent to 2,202 in 2010 from a year earlier, according to data on the Ministry of Law’s website. Bankruptcy applications last year were less than half of the 5,404