Singapore

Singapore: Small business get help in restructuring debts under new schemes; only four Covid-19 cases

Firms can work towards securing lower monthly instalment payments for unsecured borrowings. - The Straits Times/Asian News Network

SINGAPORE, Nov 1 (The Straits Times/ANN): Help is at hand for small firms in financial distress due to Covid-19.

One initiative will assist sole proprietors or partnerships restructure unsecured debt such as credit card bills or loans secured without collateral.

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Singapore , Help , Small firms , Covid-19 , New Measures , Bank

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