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Singapore’s monthly bank lending continues to slide

SINGAPORE (THE BUSINESS TIMES) – Singapore’s bank lending in October fell for the eighth straight month on continued weakness in business loans, data from the Monetary Authority of Singapore showed on Monday. Loans through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – inched down 0.3 per […]

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Cambodia: Peer-to-peer Singapore lender launches services in Kingdom

Recently established peer-to-peer (P2P) lending marketplace, Singapore-based Rai Capital, has  announced its official launch in Cambodia. Licensed and regulated by the Securities and Exchange Commission of Cambodia (SECC), Rai Capital is a joint venture with Goldbell Financial Services, one of Singapore’s leading non-bank business finance providers. It is designed for micro-entrepreneurs and individuals to promote […]

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Indonesia: More research, better human resources needed to boost manufacturing industry

The government needs to ramp up research and development (R&D) and develop human resources in the manufacturing industry, the business sector contributing the most to gross domestic product (GDP), to support the country’s economic recovery, experts have stated. “The government must take a more active role in spearheading R&D to facilitate job creation and attract […]

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