Moneylender Reviews

Role of the Banking Sector in the Growth of Singapore’s Economy (2017 Update)

Role of the Banking Sector

Provision of liquidity Banks have always ensured that liquid assets are available in the market and also at a high volume. This is guaranteed by giving businesses credit when they need them, and that creates a flow of money thus empowering the economy concerning cash flow. Lack of money in an economy causes recession hence … Read more

Foreign Exchange Market (2017 Update)

Foreign Exchange Market

Conditions for Establishment of Foreign Market Conditions for establishing foreign exchange markets are similar to the conditions for the organization and functioning of the money market. Indisputable three basic preconditions for the existence and functioning of the foreign exchange markets: Convertibility of currencies. Adequate monetary reserves and rational policy for the handling of them by the central … Read more

3 Unique Things About Singapore’s Budget 2017

Unique Things About Singapore’s Budget 2017

The authorities in Singapore have taken a unique measure to protect the environment with its latest budget. An environment-friendly budget that rightly takes the impact of global warming into account is what makes the proposals so unique. The government has introduced a new carbon tax along with a diesel duty that will help in curtailing … Read more