Temasek Starts Micro-Loan Biz In China, Why Not Spore?

[SNAblog]

http://www.eeo.com.cn/ens/ecopic/2009/05/04/136708.shtml

In addition to India, Temasek has now started a micro-loan business in the China city of Chengdu. Why is Temasek not starting one in Singapore to help local small businesses?

Economic Observer
4 May 2009

Temasek Kick Off Micro-credit Business in China Market

Temasek Holdings, an investment arm owned by the government of Singapore, has begun dealing with micro-credit services in Chengdu, capital of China's southwestern Sichuan province. Early this year, Fullerton Financial Holdings, a subsidiary of Temasek Holdings, set up Fullerton Credit Services Company in Chengdu to provide small loans to local merchants in a wholesale market where daily transaction volume surpassed ten million yuan.

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[ahleebabasingaporethief]

You mean S'pore still not enough loansharks ah?

Why do you think they are never caught?

Seriously though, there is something seriously wrong with the MORALITY of this GARMENT regarding the treatment of its' own citizens.

FTs that want to be S'pore citizens please take note.

 

[UseYourBrain]

Because most singapore sme bosses are ah beng, phua chu kang type. Make small profit start to drive bmw 7 series and exploit low pay bangla n china man. When loan money gone, they close shop and two weeks later open new one. No business acrument

 

[makapaaa]

My mission is to use your money to help foreigners. That's why I got this prize what! *chey*​

 

[McDollar]

http://www.eeo.com.cn/ens/ecopic/2009/05/04/136708.shtml

In addition to India, Temasek has now started a micro-loan business in the China city of Chengdu. Why is Temasek not starting one in Singapore to help local small businesses?

Economic Observer
4 May 2009

Temasek Kick Off Micro-credit Business in China Market

Temasek Holdings, an investment arm owned by the government of Singapore, has begun dealing with micro-credit services in Chengdu, capital of China's southwestern Sichuan province. Early this year, Fullerton Financial Holdings, a subsidiary of Temasek Holdings, set up Fullerton Credit Services Company in Chengdu to provide small loans to local merchants in a wholesale market where daily transaction volume surpassed ten million yuan.

----------------------------
Latest updates at Singapore News Alternative:

1. Goh Chok Tong Hospitalized For Chicken Pox
2. Singapore’s Good Class Bungalow transactions fall 51.3% in 2008
3. Bad debt charges may haunt Singapore banks
4. Shorter Work Months at Singapore Airlines
5. SingTel wins $500m contract with ANZ
6. Singapore restrict import of Canadian pork
7. Keppel loses rig contract
8. Singapore takes new measures to develop manpower capabilities
9. China's Commercialization of Censorship
10. Singapore's Metamorphosis Unveiled in Dubai
11.

Latest videos updated:

1. PM Lee Hsien Loong's May Day Rally Speech - 4 parts
2. Tharman on how Spore is weathering the econ crisis - 2 parts

KAM GONG KIA !

PAP will never learn.

The PRCs will teach them lessons after lessons rounds after rounds, and stupid PAP will still got there again and again asking to be fucked.

NTUC taxi went there and found all their taxis gone no where to be found. And CASH is even better if not best.

谢谢您！不再见了！笨蛋！该死！