Daily Archives: 2012-08-23

Pawn shop loans increase 81%

By Leong Sze Hian – Record pawn shop loans According to the Department of Statistics’ Monthly Digest of Statistics Singapore June 2012, pawn shop loans increased by its greatest margin ever in history.   338,600 pledges in just 1 month Pledges at pawnshops increased from 2.98 in 2010 to 3.5 million in 2011, and was 338,600 in the month of …

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A Law Unto Itself

By TR EMERITUS – Recently, Kishore Mahbubani, the dean of Lee Kuan Yew School of Public Policy at the National University of Singapore, wrote an Opnion piece entitled ‘A Lawsky Unto Himself’ in the Financial Times alleging Benjamin Lawsky, the superintendent of the New York State Department of Financial Services was wrong to go after Standard Chartered for dealing with Iran: it is expressly forbidden …

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