Daily Briefing: Asia’s debt threat; Climate change could force Singaporeans underwater

And tech companies dominate best places to work in Singapore.

Debt in developing markets is estimated to have reached $58.6 trillion at the start of 2015, with credit in China, Hong Kong, India, Indonesia, Malaysia, Singapore, South Korea and Thailand exceeding that of Latin America, emerging Europe and the Middle East, according to the Institute of International Finance. Read more here.

Rising sea levels could have disastrous effects on coastal cities around the world, including Singapore, according to results published by Climate Central. The report detailed the implications of different global warming scenarios of 1.5, 2, 3 and 4 degrees Celsius by 2100, and found that carbon emissions causing 4C of warming a business-as-usual scenario could cause Singapore’s median local sea level to rise 9.5 metres, submerging the homes of 745,000 Singaporeans. Find out more here.

Last week, Great Place to Work Institute Singapore released its first annual list of the nation’s 10 best companies to work for. The study took into account levels of trust and engagement among employees, operating under the assumption that these elements are synonymous with a high-performing work culture. Read more here.