banks non-performing loans

Analysts warn of Singapore experiencing “one of the strongest contractions in the region” due to its open and trade-driven economy

Hin Leong Trading, an unlisted oil trading company that last reported a turnover of US$20 billion ($28.5 bil-lion), has had its credit lines from the banks frozen. According to an affidavit dated April 17 by Lim Chee Meng, whose fath