Singapore's Gamblers Get a New Bank

The number of pawnshops in Singapore jumped to 214 this year from 114 in 2008, according to DMG & Partners Securities. Loans disbursed by the industry jumped to S$5.5 billion ($4.4 billion) in 2013 from S$1.6 billion in 2007. Singapore's two casinos opened in 2010, and about 20% of the incr...

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Veröffentlicht in:Bloomberg businessweek (Online) 2014-06, p.1
Hauptverfasser: Burgos, Jonathan, Vallikappen, Sanat
Format: Magazinearticle
Sprache:eng
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