Business failure less of a bane last year

PHOTO: Business failure less of a bane last year

SINGAPORE - The percentage of undischarged bankrupts aged 45 to 65 who cite business failure for their predicament has fallen.

Some 32 per cent of those aged 45 to 55 cited this last year, compared to 48 per cent in 2007. For those aged 56 to 65, it was 36 per cent last year, versus 57 per cent in 2007.


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