COMPANIES LIQUIDATED IN 1983-84

Dr Toh Chin Chye asked the Minister for Finance and Minister for Trade and Industry the number of companies that were liquidated each quarter from the third quarter of 1983 to the second quarter of 1984 in (i) the manufacturing industry; (ii) the trade industry; (iii) the transport and communications sector; (iv) the financial and business services; (v) the construction sector; and (vi) other services.

Dr Tony Tan Keng Yam: The number of companies that were liquidated each quarter from the third quarter of 1983 to the second quarter of 1984 is as follows: _______________________________________________________________ 1983 1984 Total Sector 3Q 4Q 1Q 2Q _______________________________________________________________ TOTAL 63 61 75 44 243 Manufacturing 15 7 11 6 39 Trade 26 26 37 19 108 Transport and Communications 10 8 6 7 31 Financial and Business Services 4 6 5 5 20 Construction 3 3 4 2 12 Others 5 11 12 5 33 _______________________________________________________________