>> ASIAONE / NEWS / THE STRAITS TIMES / STORY
Firms crying out for concrete help
Goh Eng Yeow, Markets Correspondent
Tue, Dec 30, 2008
The Straits Times

THE cries for help from cash-strapped firms are getting louder while the banks scale back on their lending.

Bosses have been writing to The Straits Times Forum pages complaining that banks are refusing to even talk to them about how to cope with the economic slowdown, let alone extending financial life-lines to keep operations going.

The fear in the business community is that they could see their firms go the way of listed TT International, which owns the Akira brand of electronics appliances.

 

 

 

 

 

 


For more The Straits Times stories, click here.

 
 
STORY INDEX
 
  Firms crying out for concrete help
   
 
  Oil rises above US$40 amid Mid-East violence
   
 
  For the love of music
   
 
  Dancing Thomas
   
 
  Ni Kuang supports son Joe Nieh
   
 
  Becks fit for 6 more years
   
 
  Suzuki Cup teams want more rest
   
 
  Indra to play in Vietnam?
   
 
  The jobs issue: Asian giants must work at it
   
 
  Nationalism first
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg