Singapore has made a name for itself among the many Asian countries. The city-state is well known for not only being a favorite tourist destination but also a haven for entrepreneurs. Singapore has become well-known for its good business atmosphere and many entrepreneurs and investors are relocating to the Lion City. If you are a […]
Understanding Loan Interest. Simple Interest or Compound Explained
It is important to understand the difference between ‘simple’ interest and ‘compound’ interest when taking on any loan. The difference in the two interest calculations is very important and a prospective borrower needs to be aware of these differences as the cost of a loan, over its full term, will be much higher with compound […]