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AseanPlus News 05 Jun 2003 | 12:00 AM

Millions in credit-card arrears written off

BANKS in Singapore wrote off S$15.6mil (RM32.76mil) in credit-card debt in April #8211; the highest monthly amount on record that they have failed to recover from borrowers.

AseanPlus News 03 Jun 2003 | 12:00 AM

Group starts art-on-loan programme

A GROUP of artists is making it easy for home to be where the art is.

Nation 03 Jun 2003 | 12:00 AM

Leaders laud ACA move to screen candidates

CHINESE community leaders and associations have lauded the move by the Anti-Corruption Agency (ACA) to screen the background of candidates recommended for awards or promotions of official positions, saying that this will ensure they only go to those with a clean background.

Nation 29 May 2003 | 12:00 AM

Provide loans, banks urged

The Johor MCA will submit a memorandum to the Housing and Local Government Ministry, urging that changes be made to the Moneylending Act to clamp down on the illegal money lending industry.

Nation 21 May 2003 | 12:00 AM

Special unit to crack down on loan sharks

A special enforcement unit led by a senior police officer is being set up at the Housing and Local Government Ministry to crack down on #8220;loan sharks.#8221;

Nation 12 May 2003 | 12:00 AM

Moneylenders need permit to place ads

Moneylenders will have to obtain a permit from the Housing and Local Government Ministry before they can advertise their services under amendments to the Moneylenders Act, said minister Datuk Seri Ong Ka Ting.

Nation 08 May 2003 | 12:00 AM

Loan defaulters forced to pose nude

Police have crippled a gang involved in an illegal money-lending operation thatforced loan defaulters to strip and pose for pictures.

Nation 10 Apr 2003 | 12:00 AM

Introduce special loan scheme, urges Zahid

BANKS should introduce a special loan scheme for those who want to borrow small sums of money, a backbencher said.

Nation 10 Apr 2003 | 12:00 AM

Fixed interest rates on moneylending

THE Moneylending (Amen-dment) Bill was passed by the Dewan, paving the way for interest rates for moneylending purposes to be fixed.

AseanPlus News 08 Apr 2003 | 12:00 AM

Banks sign pact on debt evasion

SIXTY-EIGHT Chinese and foreign banks in Shanghai signed a pact recently in a joint effort to fight debt evaders.