Singapore vexed by water dilemma as Malaysia seeks price hike

Leaders fail to bridge gap while Hyflux drowns in debt

20190410 Singapore fountain

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

TAKASHI NAKANO, Nikkei staff writer

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.

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