Daily Briefing: Are Singaporean households over their heads in debt?; Mortgagee sale properties double in Q2

And Singapore tourism hit by MH370 mystery, Thai crisis.

Household debt in Asia is growing quickly, spurring concerns that consumers may struggle to pay their bills as interest rates show signs of heading higher. Read more here.
In the current quarter, more properties which were repossessed from borrowers were put up for auction, said media reports. Find out more here.
Singapore is mounting a drive in China to market itself as a standalone tourism destination, officials said on Tuesday, after a drop in Chinese arrivals to neighbouring countries affected the city-state. Know more here.

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