Reading Time: 7 minutesIntroduction Central Provident Fund (“CPF”) is sometimes referred to as “Calculate, Pay or get Fined” by Singaporean employers. This is because the Central Provident Fund Act requires them to contribute to their employees’ CPF accounts or get fined for failure to do so.[1] If you are an employer, you may have questions about such contributions. […]
SMU Lexicon: The Basics of Bankruptcy in Singapore
Reading Time: 7 minutesMoney, money, money, must be funny, in the rich man’s world.[1] Introduction For a potential bankrupt, the notion of “money” is far from funny. Indeed, it is his very lifeblood – the source of both his worry and glee. To bring some assurance and clarity to persons who may have concerns about imminent bankruptcy, this […]