Moneylending - licensed

Loan sharks in Malaysia hold ‘funerals’ for debtors

Mr Chong (seated, left) and Mr Ivan (right) holding a conference alongside the three ah long victims in Kuala Lumpur.

Singapore strengthens legal net to counter financing of weapons of mass destruction

Banks and other financial institutions in Singapore already have to comply with international regulations on financial crimes including proliferation financing.

The gist: Constitution amended to allow president, ministers’ international roles in private capacities

The Moneylenders Act was also amended, while updates were given on NLB's decision not to offer courses by Udemy Business.

Credit checks: Moneylenders can disclose borrower info to more parties after change to law

The credit bureaus will then be able to provide information on an applicant’s creditworthiness and indebtedness.

Grab should get a grip on optics

Grab reported a loss of US$3.6 billion for 2021, up from US$2.7 billion in 2020. It aims to break even by the second half of 2024.

Grab gets go-ahead to offer cash advances to drivers, delivery riders

Grab said it considers the initiative part of its welfare programme, helping workers have “better access to credit to manage cash flow needs”.

Parliament

Debt collection companies set to be licensed

Debt collection companies set to be licensed following rising public concerns

The Straits Times says

Debt collection in need of cleaning up

The Straits Times says

Debt collection in need of cleaning up

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.