60,000 Businesses Closed Last Year in Singapore What Happened to All Their Stuff? Here’s a number that should stop every business owner, lender, and advisor in their tracks: business closures in Singapore hit an eight-year high of 60,445 in 2025, and across the water, Australia recorded historically high liquidation levels too, with hundreds of court… Continue reading 60,000 Businesses Closed Last Year in Singapore. What Happened to All Their Stuff?
Adam Scharer is the CEO of Hilco Global APAC and explores how megatrends in the autonomous economy, AI and big data, digitalised information, and the digital economy will influence manufacturing and its implications for the broader economy throughout the Asia Pacific region.
In 2012, the UN launched the Principles for Sustainable Insurance (PSI) as a global framework for the insurance industry to “address environmental, social and governance risks and opportunities”. In this article, we look at ways that insurance salvage practices can help support insurers’ commitments to those principles.
