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Fidrec surplus improves on slashed staff, office costs

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The Financial Industry Disputes Resolution Centre (Fidrec) has reversed its fortunes in its tenth financial year - between last July and this June - despite a lower revenue.

Singapore

THE Financial Industry Disputes Resolution Centre (Fidrec) has reversed its fortunes in its tenth financial year - between last July and this June - despite a lower revenue.

The financial mediator posted a surplus before income tax of S$534,408 for the financial year

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