Should Buy Now, Pay Later scheme be allowed for Migrant Domestic Workers?
Responding to a Parliamentary Question (“PQ”) on the Buy Now, Pay Later (“BNPL”) scheme Filed by MP Mr Desmond Choo on 5 April 2022. The Monetary Authority of Singapore (“MAS”) assessed that the BNPL scheme does not pose any significant risks of consumer indebtedness and will continue to monitor the situation. However, mobile phone retailers […]
Lim Tean and his money trail. ‘Crook of the century’ as asserted by M Ravi?
Not too long ago, Opposition politician Lim Tean was the subject of a viral Facebook livestream when five debt collectors showed up at his law firm to demand repayment of an outstanding debt. The debt collectors were from the Singapore Debt Collection Service (SDCS). They were sent to Lim’s office, Carson Law Chambers, on 21 […]