SINGAPORE – DBS Bank has signed cross-referral agreements with peer-to-peer (p2p) lending platforms Funding Societies and MoolahSense, it announced on Tuesday (April 19). DBS said it is the first Singapore bank to collaborate with such
Read moreDay: May 30, 2016
1MDB pays coupon for debt after missing two interest payments
KUALA LUMPUR (BLOOMBERG) – Malaysia’s troubled state investment company 1Malaysia Development Bhd paid the coupon on its Islamic debt after missing two payments on other securities earlier. 1MDB undertook the scheduled payment of 143.8 million ringgit
Read moreTimeshare Trustees we explain
An explanation of the role of timeshare trustees. When a consumer purchases timeshare, they purchase ‘occupancy rights’ in respect of certain holiday accommodation belonging to the developer. The nature of the ‘occupancy rights’ is defined
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