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Singapore

Global uncertainty sees SMEs turn to local market for...

SMEs in Singapore are now redirecting their resources to the local market for growth, according to a recent survey by the DP Information Group. (more…)

Rejected by banks SMEs turn to illegal lenders

Singaporean banks rejected SMEs loan applications because of poor financial documentation (more…)


Government decides against setting EXIM bank

The Singaporean Minister for Finance has opposed the establishment of an EXIM bank in favour of existing financing schemes (more…)


Payment delays reach five-year high

Deterioration in payment behaviour represents a real risk for businesses. (more…)

#cash-flow#credit risk#payment delays


HONG Leong Finance – the latest lender to target...

HONG Leong Finance (HLF) has become the latest lender to target the fast-growing small and medium-sized enterprise (SME) sector. (more…)

#financial services#receivables#receivables financing


Business confidence among SMEs continues to rise

Business confidence among Singapore's small and medium-sized enterprises (SMEs) continued to climb in the first half of this year. (more…)

#emerging markets#international#International Trade


Standard Chartered announces purchase of GE Commercial Financing in...

Standard Chartered said on Monday it had agreed to buy GE Commercial Financing (Singapore) Ltd, General Electric's SME factoring and…


Coface upgrades Singapore's risk rating as non-payments improve

Coface has identified Singapore as the safest place for business in Asia, according to business reports from the region. (more…)


Singapore finance minister announces plans to attract greater trade...

Tharman Shanmugaratnam, Finance Minister of Singapore, has announced the country s plans to attract a greater share of business in…


Factoring in Singapore – World Factoring Yearbook

Tee Lay Yen, Associate Director - Local Product Management at Standard Chartered Bank in Singapore, provides Factorscan with an overview…


Credit scoring system launched to ease SME finance process...

A new credit rating facility has been launched with the intention of easing access to credit for SMEs in Singapore.…


Interface announce new office in Singapore

The Interface Financial Group are to expand their international operations with the opening of an office in Singapore (more…)

#international#invoice#receivables

ECS double trade credit insurance scheme

International Enterprise, in conjunction with AON Risk Services, have announced changes to their Export Coverage Scheme that will now give…

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