by Wilber Suen | Mar 28, 2024 | Glossary
A Temporary Bridging Loan (TBL) is a financial assistance program offered by the Singapore government to support businesses facing temporary cash flow constraints or financial difficulties, particularly during challenging economic periods such as the COVID-19...
by Wilber Suen | Mar 28, 2024 | Glossary
Temporary Employment Credit (TEC) is a government scheme in Singapore aimed at providing financial support to businesses to help offset the costs of hiring older Singaporean workers and re-employing eligible Singaporean workers aged 67 and above. Understanding the...
by Wilber Suen | Mar 28, 2024 | Glossary
The Unique Entity Number (UEN) is a unique identification number assigned to business entities registered in Singapore. Understanding the UEN system is essential for businesses operating in Singapore to facilitate regulatory compliance, business transactions, and...
by Wilber Suen | Mar 28, 2024 | Glossary
An unaudited financial statement is a financial report prepared by a company’s management without undergoing external audit scrutiny by independent auditors. Understanding unaudited financial statements is important for stakeholders to assess a company’s...
by Wilber Suen | Mar 28, 2024 | Glossary
An undischarged bankrupt refers to an individual who has been declared bankrupt by a court of law but has not yet been released or discharged from their bankruptcy status. Understanding the implications of being an undischarged bankrupt is crucial for individuals,...
