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BDO announces winners of the BDO ESG Awards 2021

Third year of this pioneering awards conferment show exemplary HK-listed companies are moving beyond their stakeholders’ expectation from ESG reporting in response to the revised HKEx guideline and rising interest in ESG across the world amid the COVID-19 pandemic

 

HONG KONG SAR – Media OutReach – 23 February 2021 – BDO, the world’s fifth largest accountancy network, announced and honoured today the winners of the third BDO ESG Awards (“the Awards”). This competition has been widely supported by many listed enterprises and winners of different awards have been selected from 88 nominations that showcased excellence in ESG reporting and disclosure. Awardees are recognised for having implemented outstanding sustainability initiatives and they are selected by a panel of reputable and professional judges. Due to the COVID-19 pandemic, this year’s BDO ESG Awards Presentation Ceremony was held online for the first time, where awards, our subscribers and the public were invited to witness the efforts of all awardees in relation to ESG reporting last year.

The first virtual BDO ESG Awards ceremony is held to pay tribute to businesses with strong ESG commitment and outstanding ESG efforts.

In addition to the three existing awards, ‘Best in ESG’, ‘Best in Reporting’ and ‘ESG Report of the Year’, two new categories have been added this year, namely ‘Theme Award’ in recognition of companies with outstanding performance in ESG under the COVID-19 pandemic and ‘ESG Report of the Year — Technology’ in recognition specifically of companies that demonstrate technological advancement in their business models and operations, and which perform well in the areas of ESG (see the full list below).

Dr William Yu, Chairman of the Judging Panel of the Best in ESG Awards, said,The COVID-19 pandemic has been affecting recently everyone’s life. Despite challenging times, we are glad to see that HK-listed companies have implemented various ESG measures with heightened consciousness. During these unprecedented times, appropriate initiatives should be adopted to help protect against the spread of Covid-19, while at the same time showcasing how to perform well and drive business continuity. We are pleased to see that companies are becoming more aware of the roles of ESG integration and are enhancing their reporting quality, especially with regard to governance, risk management, target-setting and transparency. Thanks to BDO for its continuous efforts in ESG engagement which has attracted more local and international companies to value the sustainability bandwagon.”

Dr Carlye Tsui BBS JP, Chairman of the Judging Panel of the Best in Reporting Awards, said, “This year, we see that the quality of reports competing for BDO ESG awards highlights companies moving beyond compliance and meeting rising expectations. Companies that have great regard for ESG values and active board leadership in ESG implementations for reasons more than just compliance are now enjoying competitive advantages. The Panel of Judges highly commends the award-winning companies for their earnest efforts. The awardees have demonstrated immense ideas of originality and thoughtfulness in organising a state-of-the-art ESG presentation.”

Professor Yuk-Shan Wong SBS BBS JP, Chairman of the Judging Panel of the ESG Report of the Year (Technology) Award and Theme Award, said, “This year was not normal for everyone, including the investment community. Under the COVID-19 pandemic, all industries have been impacted in varying degrees of severity. Yet, it is heartening to see companies had implemented effective sustainability initiatives and achieved high standards in ESG engagement. With the new Theme Awards, it recognised the hard work that companies have done and their achievement with outstanding ESG performance amid these unprecedented times.”

Mr Clement Chan MH JP, Managing Director of Assurance, BDO in Hong Kong, said, “This year marked the third year of the BDO ESG Awards and we are glad to see that more listed companies have raised their awareness of the importance of their contribution in ESG. In particular, the Hong Kong Exchange launched the Revised Guide in late 2020 which is stricter and stipulates more demanding requirements in terms ESG reporting deadline. Echoing the theme of this year BDO ESG awards as ‘Revive & Innovate”, and in view of the shifted market focus on technology company and COVID-19 measures, we have specially created two new award categories — ‘Theme Award’ and ‘ESG Report of the Year — Technology’ in order to expand the scope of the BDO ESG Awards and encourage more listed companies in various industries to enhance their ESG reporting disclosure. And we are happy to see companies had intensified efforts to adopt appropriate measures to help protect against the spread of COVID-19 and at the same time sustain businesses. Going forward, we at BDO will continue to offer them support to help their companies raise ESG standards and performance and in turn contribute to overall ESG development in Hong Kong.”

Mr Johnson Kong, Managing Director of Non-Assurance, BDO in Hong Kong, said, “On behalf of BDO, I would like to express our sincere gratitude to the judges who have committed precious time and their expertise in the judging process to ensure the credibility and representativeness of the Awards. Under the pandemic, we view that ESG issues will be increasingly central to investment decision making, and we are excited to acknowledge that not only large-cap companies but small mid-cap listed companies have increased their efforts in ESG and sustainability engagement. BDO, as a comrade of ESG facilitators, will remain committed as a keen advocate for continuous enhancements in the ESG and ESG reporting standards of Hong Kong-listed companies towards international standards, so as to promote Hong Kong as a green financial hub.”

Mr Ricky Cheng, Director and Head of Risk Advisory, BDO in Hong Kong, said, “Over the years, we have noted that ESG measure is a rising topic among Hong Kong and global investors to value listed companies and as an indication of a responsible and sustainable investment. Besides, with the Revised Guide that was launched last year, we expect more listed companies to wake up to the importance of ESG reporting in meeting not only stakeholders’ expectations but also those of investors and the public in the area of ESG performance. We are happy to see more and more companies appreciate the value of ESG reporting and are willing to put time and resources in various ESG areas. Riding on the trend, BDO will spare no effort to continue pushing ESG engagement and further strengthening the leading position of Hong Kong as an International Financial Centre.”

BDO ESG Awards 2021 Winners (listed in alphabetical order)

Best in ESG — Large Cap

CLP Holdings Limited (002.HK)

Lenovo Group Limited (992.HK)

New World Development Company Limited (017.HK)

Best in ESG — Mid Cap

COSCO SHIPPING Ports Limited (1199.HK)

Xinyi Energy Holdings Limited (3868.HK)

Yuexiu Property Company Limited (123.HK)

Best in ESG — Small Cap

China Everbright Greentech Limited (1257.HK)

Sa Sa International Holdings Limited (178.HK)

Shun Tak Holdings Limited (242.HK)

Best in ESG — GEM

1957 & Co. (Hospitality) Limited (8495.HK)

Allied Sustainability and Environmental Consultants Group Limited (8320.HK)

Roma Group Limited (8072.HK)

Best in Reporting — Large Cap

CLP Holdings Limited (002.HK)

Lenovo Group Limited (992.HK)

Sino Land Company Limited (083.HK)

Best in Reporting — Mid Cap

COSCO SHIPPING Ports Limited (1199.HK)

Fortune Real Estate Investment Trust (778.HK)

Yuexiu Property Company Limited (123.HK)

Best in Reporting — Small Cap

China Everbright Greentech Limited (1257.HK)

Landsea Green Properties Company Limited (106.HK)

Shun Tak Holdings Limited (242.HK)

Best in Reporting — GEM

1957 & Co. (Hospitality) Limited (8495.HK)

Allied Sustainability and Environmental Consultants Group Limited (8320.HK)

Roma Group Limited (8072.HK)

ESG Report of the Year — Large Cap

CLP Holdings Limited (002.HK)

ESG Report of the Year — Mid Cap

COSCO SHIPPING Ports Limited (1199.HK)

ESG Report of the Year — Small Cap

Shun Tak Holdings Limited (242.HK)

ESG Report of the Year — GEM

Roma Group Limited (8072.HK)

Theme Award

Haier Smart Home Company Limited (6690.HK) (former Haier Electronics)

ESG Report of the Year (Technology) Award

Lenovo Group Limited (992.HK)

About BDO

BDO’s global organisation extends across 167 countries and territories, with more than 91,000 professionals working out of over 1,600 offices — and they’re towards one goal: to provide our clients with exceptional service. BDO was established in Hong Kong in 1981 and is committed to facilitating the growth of businesses by advising the people behind them. BDO in Hong Kong provides an extensive range of professional services including assurance services, business services and outsourcing, risk advisory services, specialist advisory services and tax services. For more details, visit www.bdo.com.hk.

Opening of Konica Minolta’s Newest Customer Engagement Center in APAC

The state-of-the-art facility showcases Konica Minolta’s unique print technologies in one central location, supporting the needs of customers in the Asia Pacific region.

 

SINGAPORE – Media OutReach – 23 February 2021 – Konica Minolta Business Solutions Asia will be launching its new Customer Engagement Center (CEC) at Wisma Kemajuan in Petaling Jaya, Selangor in Malaysia. The new 8,106 square-foot center signals its continued strategic investment into the company’s industrial printing business.




With more professionals turning to digital printing, the new CEC enables customers to experience Konica Minolta’s printing solutions that can meet their ever-changing needs.

They can view first-hand how these machines bring their works from the digital workspace to life through real-time printing of decorative embellishments, labels and digital metallic colours on traditional print applications such as book jackets, direct mails, cards and more.

During the initial launch, customers can take a virtual tour of the Center from the comfort of their own homes or offices with a Konica Minolta representative, and in-person through scheduled appointments with its Virtual Showroom platform to create a new immersive experience for customers and prospects as part its holistic approach in the “new normal”.

Brimming with interactive features without any software download, customers will receive immersive one-to-one demonstrations from our experts focusing on the key product features and applications and how these bring many benefits to their business.

Digital print will continue to grow as it allows a greater variety of print customised to the recipient to be produced economically, and fundamentally the content can be determined much closer to the end-user. Digital’s share of the whole market increases in value terms from 15.7% in 2017 to 19.3% by 2022, as the next generation of presses pushes productivity and quality to boost the competitive position of digital technology.

A Word from Mr Osafumi Kawamura, Managing Director of Konica Minolta Business Solutions Asia

‘With this new center, we will be able to demonstrate the unique digital print capabilities of our industrial printers such as KM-1, AccurioPress C14000 and MGI JETvarnish range. On top of that, we are able to host virtual sessions directly from the center via the virtual showroom website so customers are able to experience the products without needing to be physically present. We hope that our customers will leverage on this technology hub to add value to their business needs.’ said Mr Osafumi Kawamura, Managing Director of Konica Minolta Business Solutions Asia.

With the new APAC CEC, Konica Minolta is underlining the commitment to customers in the professional and industrial printing markets. The new CEC gives customers hands-on experience through live and virtual demonstrations.

About Konica Minolta Business Solutions Asia

Konica Minolta Business Solutions Asia is transforming the workplace of the future with its customer-centric solutions and hardware for the digitally connected world. We are committed to create new values for the society with our expertise. From information management to technology enabling tools, the solutions help businesses improve time to information, support mobility, and optimise business processes with workflow automation. Konica Minolta, Inc. has also been named to the Dow Jones Sustainability World Index, one of the most prestigious global indices of ESG investment, for eight years in a row. For more information, please visit http://www.konicaminolta.sg/business/

Nine-Year-Old Car Thief Apprehended In Bolikhamxay

nine-year-old car thief in Bolikhamxay

A nine-year-old-boy and an accomplice have been arrested for stealing a car in Bolikhamxay Province.

ARB Berhad upbeat about its FY2021 prospects, driven by its cloud-based solutions

  • Lowest valuation among the peers
  • Net cash company with strong growth momentum
  • To offer cloud-based solutions for business sustainability and recurring income

KUALA LUMPUR, MALAYSIA Media OutReach23 February 2021 – In the past three financial years, ARB Berhad (“ARB” or “Group”) has not only staged a very successful turnaround but has also consistently registered substantial net profit growth. As recent as the fourth quarter of the financial year 2020, the Group achieved a massive leap of 55% in the bottom line.

ARB Berhad’s Executive Director Dato’ Sri Larry Liew Kok Leong at a monthly business plan review meeting

The Group’s success in breaking away from its decade-long losses lies in its strategic diversification into the field of enterprise resource planning (ERP) and Internet of Things (IoT) solutions.

To date, ARB is amongst the lowest in terms of valuations when compared to its peers in the technology sector. The Group had also managed to deliver meaningful growth to its shareholders despite facing the negative influence of the pandemic.

ARB is in a net cash position, with cash and cash equivalents worth RM24.5 million against zero borrowings as of 31 December 2020.

Looking ahead into 2021 and beyond, ARB’s upward growth momentum is poised to continue, underpinned by the immense potential in digitalisation among businesses and the Industry 4.0 agenda.

After posting its record-high net profit in the financial year of 2020 (FY20), the Group is confident of achieving a more robust performance in the current FY21.

ARB’s Executive Director Dato’ Sri Larry Liew Kok Leong said that the Group aims to expand its geographical presence and access various new industry sectors by taking advantage of cross-border business opportunities in 2021.

“In line with our regional expansion plan, we intend to collaborate with local partners to extend our footprint in our information technology (IT) Segment in other countries through the acquisition of business and technologies,” he said.

A key growth strategy for 2021 would be ARB’s move in providing more cloud-based product offerings, which would be achieved through the execution of partner-ecosystem in growing industries.

At the domestic front, Dato’ Sri Liew said ARB plans to work closely with government-linked companies, multinational corporations and public listed companies as envisaged under its 2021 business plan.

“Our cloud solutions have proved to improve management efficiency and accelerate a business’ digitalisation initiatives. At the same time, the solutions would also help to achieve cost-effectiveness,” according to Dato’ Sri Liew.

Moving forward, the Group also intends to expand into new horizontal markets such as providing cloud-based solutions to facilitate the new norm of business needs.

“As part of the growth strategy driven both organically and through strategic acquisitions, we are delivering innovative solutions in new categories, including Big Data analysis, e-commerce solutions, IoT platform for 5G and data cybersecurity, and expect to continue grow these businesses in the future,” said Dato’ Sri Liew.

He added further that the Group will accelerate rolling out IoT platform-based smart home solutions that have been gaining traction, especially among households in the urban area.

ARB’s IoT platform would be able to integrate a wide range of electrical appliances, allowing multi-connection and readiness of artificial intelligence learning features for the ease of use of home occupants.

According to Dato’ Sri Liew, ARB’s growth prospects are intact as it is well-positioned in two promising operating segments, namely, ERP and IoT. Our ERP and IoT segments will drive alignment, focus and growth while sharpening our partners’ focus. In addition, we are excited to see our IoT solutions business return to growth by serving more enterprises, further building on our annualised recurring revenue.

Based on the statistics by Frost & Sullivan, the Malaysian IoT market is expected to grow at a compound annual growth rate (CAGR) of 24.7% from US$2.2 billion in 2019 to reach US$10.3 billion by 2026.

Meanwhile, the Malaysian ERP market is projected to grow from US$120 million to reach US$255 million in 2026, growing at a CAGR of 11.4% in the same period.

“ARB’s unique cloud-based ERP business model reduces the Group’s dependence on external technology vendors and allows it to capture a bigger share of the value pool generated from the collaborations.

Dato’ Sri Liew expects the ERP segment to remain as the main revenue contributor for ARB in FY21, with continued recurring income potential.

The ERP segment is expected to deliver 65% of total turnover, while the remaining will be contributed by the IoT business. Both segments are expected to be in line with the global initiative in advancing into the new era of Industry 4.0.

“We create value by providing a tailor-made solution for our JV partners, designed to generate an immediate impact on sales and profits. At the same time, it also improves our business as we allow our JV partners to cross-sell their products and upsell packages to end customers, hence creating a synergistic relationship,” he added.

“The Group will continue to look for opportunities that might open up amidst the crisis, observe the market situation and adapt to what is needed in the current market to ensure the sustainable growth to the Group,” Dato’ Sri Liew said.

In FY20, the Group’s net profit grew by nearly 25% year-on-year (y-o-y) to RM43.46 million, on the back of a 114% surge in revenue to RM219.45 million. It staged a turnaround in FY18 with a net profit of 4.23 million and continued to grow its bottom line to RM32.8 million for FY19. The Group has continually achieved its steady three-year earnings growth in revenue and net profit since 2018.

With 2021 set to be a year of recovery, underpinned by an improvement in business sentiment, ARB’s outlook appears to be positive.

ARB would be a key beneficiary of an increase in capital expenditure among businesses to digitalise their internal operations.

Currently, the Group has one of the lowest price-to-earnings ratios in the technology sector at just 4.6 times as of 22 February 2021 as compares with other technology industry players such as Mi Technovation Bhd (64.4 times), Inari Amerton Bhd (63.5 times) and ViTrox Corp Bhd (88.8 times).

About ARB Berhad

ARB Berhad (“ARB” or “Company”) is incorporated in Malaysia under the ACT in October 1997 and was listed on the Main Market of Bursa Malaysia Securities Berhad in February 2004.

The Company is primarily an IT software and platform provider company.

It’s business operates predominantly in two (2) business areas:

1. Enterprise Resource Planning (“ERP”) — designing and reselling of customised ERP solutions

2. Internet of Things (“IoT”) — integrated solutions in the systems, engineering, procurement, commissioning, and management of IoT systems

Its expertise lies in empowering businesses through digital transformation and technology integration

Businessman Speaks Out Against Littering In Vang Vieng

Littering at tourist sites in Laos
Plastic bags and bottles are a common site at tourism sites in Laos.

A prominent local businessman has spoken out against littering by tourists in Vang Vieng and across the country.

Laos Holds Successful Elections, Results Could Be Announced Next Week

Elections held in Laos

Elections for the ninth National Assembly and Provincial People’s Councils were held across Laos on Sunday, with results to be heard as early as next week.

Thrive in Abu Dhabi programme launched to encourage global talent, investors to build their futures in the emirate

Long-term visas and paths to citizenship to accelerate growth in Abu Dhabi’s priority sectors

 

SINGAPORE – Media OutReach – 23 February 2021 – Talented professionals and students, and investors, in priority sectors are being encouraged to set down roots with their families in Abu Dhabi as part of a new programme that supports the emirate’s strategy to develop key areas such as culture, healthcare, research and development (R&D) and real estate.

Thrive in Abu Dhabi highlights the long-term visas and paths to citizenship available for expats working, creating, studying, excelling or investing in priority sectors that empower them to build their futures in a safe, welcoming and supportive environment, while contributing to Abu Dhabi’s sustainable development.

Creative talent are encouraged to be part of a global arts and culture hub, join the emirate’s dynamic media and entertainment industry, or support the development of our understanding of the past among fellow academics, conservators and archaeologists.

The creative visa builds on Abu Dhabi’s five-year Culture Sector Strategy for Abu Dhabi, unveiled in November 2019 by the Department of Culture and Tourism, which covers five strategic objectives: preserve and sustain Abu Dhabi’s cultural heritage; increase awareness of, and engagement with, cultural heritage and the arts; stimulate creativity as a driver for education and social change; build and enable capacity in Abu Dhabi’s culture sector; contribute to economic growth and diversification.

Abu Dhabi has a thriving cultural and creative sector with strong global credentials, including world-class museums, arts centres, art fairs, music concerts, and a grassroots artistic community. These include Louvre Abu Dhabi, Manarat Al Saadiyat, Warehouse241, Abu Dhabi Art annual fair, Qasr AlHosn and Cultural Foundation and the forthcoming Zayed National Museum and Guggenheim, as well as international educational institutions supporting students to excel in creative industries: NYU Abu Dhabi, Sorbonne Abu Dhabi, Berkley College and CNN Academy.

Students with a PhD or promising scientific ability at either high school or university level can expand their horizons and ensure exciting career paths by studying at one of a collection of world-class academic institutions in Abu Dhabi, including NYU Abu Dhabi, Sorbonne Abu Dhabi and Khalifa University, which in January 2019 was ranked 13th out of 442 universities from 43 countries in the Times Higher Education Emerging Economies University Rankings.

Students can learn the skills of the future, including in specialist areas such as AI, at the new Mohamed bin Zayed University for Artificial Intelligence, or coding at the innovative coding school 42 Abu Dhabi. They can participate in pioneering research in areas related to Covid-19 and AgTech at UAE University, or focus on tolerance and coexistence at the world’s first university dedicated to human fraternity, the Mohamed bin Zayed University for Humanities.

Thrive in Abu Dhabi invites innovators to turn their idea into reality – with access to funding and incentives – as part of a dynamic R&D ecosystem that is pioneering new technologies to solve the global challenges of the future, from water security to food technology.

The emirate is focused on fostering a thriving R&D ecosystem that brings together all relevant players, including academic institutions, research institutes and the private sector. In 2020, Abu Dhabi launched the Middle East’s first research council, the Advanced Technology Research Centre (ATRC). It includes the Technology Innovation Institute, whose seven pillars are quantum research, autonomous robotics, cryptography, advanced materials, digital security, directed energy and secure systems.

As part of Abu Dhabi’s accelerator programme, Ghadan 21, the Department of Education and Knowledge has launched academic research grants to award AED40 million in competitive research funding to support R&D. Abu Dhabi’s economic investment strategy is also focused on attracting innovation-led companies that are focused on R&D. For example, all AgTech firm investments by Abu Dhabi last year included significant R&D set-ups.

Investors, including entrepreneurs, can tap into major opportunities by expanding their business in key sectors including five ‘growth sectors’ identified by ADIO — financial services, ICT, health services and biopharma, AgTech, and tourism — as well as real estate. Long-term visas also empower expats to invest in their “forever home” in an attractive real estate market where they can plan to retire.

Start-ups are receiving significant support, with Abu Dhabi emerging as a global start-up hub, particularly for future technologies such as FinTech, AgTech, HealthTech and EdTech. Ghadan 21 has accelerated the ecosystem’s development by supporting start-ups and SMEs through initiatives such as Hub71, a global start-up ecosystem that is now home to more than 100 start-ups, Ventures Fund (managed by ADQ) and SME Credit Guarantee and SME supply chain financing initiative.

Those who excel in areas such as sport, healthcare, science, education or engineering are enabled to accelerate their careers in a global trade hub with a rapidly diversifying economy and fast-growing private sector that supports residents to be the best in their field, while creating a home in Abu Dhabi.

The diversity of Abu Dhabi’s support for talented expats is in line with the leadership vision to diversify the economy as well as ensure a welcoming, safe and supportive environment where everyone can thrive.

For more details about Thrive in Abu Dhabi, the long-term visas and paths to citizenship and the government departments leading each category, visit https://tamm.abudhabi/en/Golden-Visa or call +971 2 666 4442 (outside UAE) or 800 555 (within UAE).

Loanhere Launches New Website to Help Singaporeans Apply for Personal Loans from Licensed Money Lenders Fast and Effortlessly

SINGAPORE – Media OutReach – 23 February 2021 – Loanhere announced today the launch of its website, a one-stop destination platform to apply for a personal loan in Singapore and receive multiple quotations and offers from licensed money lenders instantly.

Widely recognised as one of the most expensive cities in the world to live in, having the financial liquidity to cope with Singapore’s high cost of living is not an easy thing. Coupled with an ongoing global pandemic, a significant number of locals are finding it difficult to cope and necessary to take out loans to cover living expenses and other payment obligations.

According to a recent report by Finder.com, almost 1 in 3 Singaporeans have taken out a personal loan in the last 12 months, largely to cover basic expenses, consolidate their debts or pay off credit card liabilities.

Aggregating loan quotes from licensed money lenders


Although there are platforms in the market that provide aggregated information on personal loan and sme business loan, almost all of them are focused only on bank financing. There isn’t a similar platform that exists in the market for borrowing from a licensed money lender perspective.


Loanhere is launched in response to this and seeks to be the one-stop destination platform for all information related to borrowing from licensed moneylenders in Singapore.


More importantly, Loanhere provides potential borrowers with instantaneous loan quotes aggregated from a curated selection of established and experienced licensed money lenders throughout Singapore.


Loanhere saves borrowers time and hassle by prequalifying all the partner lenders in its network, to be operating with a valid moneylender license issued by Monetary Authority of Singapore (MAS), are of good standing with relevant authorities and have excellent customer reviews.


Simply by providing basic personal information such as name, contact details, and the sum of money desired to borrow, Loanhere matches the loan request via its proprietary process with suitable offers from its network of licensed lenders and sends the corresponding loan quotes and offers to the requestor’s email inbox instantly. The service is automated and entirely free to use by all Singapore citizens and permanent residents (PRs).


While banks have been the traditional lenders of personal loans, more and more Singaporeans and permanent residents have been increasingly turning to licensed money lenders as the alternative – or even the preferred – channel to take out a loan from.


With evaluation criteria generally more favourable to borrowers, shorter application processing and cash disbursement time, as well as the possibility of negotiating customised loan repayment plans, more and more locals are finding the licensed moneylender route an attractive option for personal financing.


Clearing the air on licensed money lending


Nevertheless, there remains a certain degree of misconception and an absence of clarity in the market when it comes to licensed moneylenders, such as how do they work, how to differentiate the good ones from the bad, what is considered legitimate and what is not, among other doubts and concerns.


Beyond providing borrowers loan quotes fast, Loanhere also strives to raise the public’s general awareness and understanding of borrowing from licensed moneylenders, through regular publishing of articles on the website that covers various aspects of the subject, including the clear distinction between licensed money lending and other unsavoury forms of lending.


“Taking up loans from licensed money lenders in Singapore is a viable and oftentimes more appealing option than borrowing from banks. We believe more Singaporeans can better alleviate their financial situations with a clear understanding and proper use of licensed moneylenders as a practical and legitimate source of funds, and are committed in our mission to deliver the most efficient loan quote aggregation service in the market”, explained a spokesperson from Loanhere.


Visit the Loanhere website and receive instant loan quotes with a simple submission at https://loanhere.co/.

About Loanhere

Loanhere provides useful and relevant information about loans and alternate financing options via licensed moneylenders to help Singaporeans and permanent residents (PRs) alleviate their financial challenges.

Loanhere is committed and dedicated to be the number 1 destination site in Singapore for loans and financing through licensed moneylenders.

To find out more about Loanhere, please visit https://loanhere.co/.