How to identify an SBLC scam
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By Boo Kok Chuon and Chan Mei Lee Over the past one year, we have advised and saved no lesser than five clients, who almost fell victim in financing schemes related to SBLC that turned out to be fraudulent in […]
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Capital Reduction
By Boo Kok Chuon Share capital of a company may be altered subjected to certain conditions as provided in the Companies Act and the Companies’ articles or constitutions. In the current context, let us examine how companies can reduce their […]
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Role and Responsibilities of Company Secretary in Singapore
Overview All Singapore companies are required to appoint a company secretary within 6 months from the date of its incorporation. The secretary must be a Singapore resident, and the position should not be left vacant for more than 6 months […]
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On Zero-bound Interest Rates, Deflation, and the Liquidity Trap
By Boo Kok Chuon I still vividly remember 10 years back, when I was an economics student, I had been struggling with the grasping of the abstract idea of the liquidity trap in Introduction to Economics. Ironically, when I progressed […]
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Lessons from Covid-19 Crisis: An Observation of the Consumers’ Behavior in the F&B Retail Sector
By Boo Kok Chuon Since the Covid-19 crisis hit the shores of Singapore, the consumption patterns of the city-state have experienced a drastic shift. This is particularly apparent in the already gloomy retail scene, the implementation of the Circuit Breaker […]
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Registers and Record-Keeping of Companies in Singapore
By Boo Kok Chuon Registered Office All companies are required to have their registered office addresses in Singapore. The registered office address is for the purpose of receiving any notices, mails or documents. It is also the default address where […]
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