& Oneself check oneself no conflicts of interest
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Silent Depression in Singapore
- Thread starter Chase
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That is why Goh CT wanted the PAP to be its own check and balance; nobody to scrutinise their decisions. His son, Goh JH tried to be his own check and balance, but the watchdog didn't agree.& Oneself check oneself no conflicts of interest
That's why whatever laws & regulations set without checks in the end hit him once he out of the circle. People all nimbly with blank checks.
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Singapore SMEs face highest borrowing costs in 2024
Singapore's small and medium-sized enterprises (SMEs) battled the highest borrowing costs in 2024, rising to 8.47% per annum, according to Linkflow Capital's survey.SMEs also encountered tighter credit access as approvals for loans above $300,000 accounted for only 3% of approved loans in 2024, down from 10% in 2023.
Notably, approvals for loans exceeding $500,000 ceased entirely.
https://sbr.com.sg/financial-services/news/singapore-smes-face-highest-borrowing-costs-in-2024
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