Tag: debts

Credit Counselling Singapore launches program to aid debt-ridden SMEs

According to the Credit Counselling Singapore (CCS), there are 351 small and medium-sized enterprises (SMEs) in Singapore who have not only struggled financially to stay afloat but have actually had to borrow sizable sums of money. Because of this, CCS launched the Enterprise Credit Counselling...

Money-lending: a blight in the heartlands

The problem with moneylending in the heartlands is that the lenders are there in such large numbers. Will “regulating” these monleylenders cut down the numbers? There are 206 licensed moneylenders in Singapore, which is 27 per cent above the ideal number of moneylenders according to...