SINGAPORE -- Singapore is stuck in a dilemma over its water supply as neighbor Malaysia demands higher prices while local water treatment company Hyflux faces liquidation.
Leaders fail to bridge gap while Hyflux drowns in debt

A water fountain near Marina Bay in Singapore. Under a 1962 agreement, the city-state draws water from Malaysia's Johore River at less than a penny per 1,000 gallons. © Reuters
SINGAPORE -- Singapore is stuck in a dilemma over its water supply as neighbor Malaysia demands higher prices while local water treatment company Hyflux faces liquidation.