Guanxi disrupted in O&M debt revamps

Wed, Oct 18, 2017 - 5:50 AM

Tan Hwee Hweebtnews@sph.com.sg@HweetanBT

GUANXI, or relationship building, is considered to be the difference between doing business in the East and in the West. One noteholder told The Business Times that he decided to pick up S$500,000 of Singapore dollar notes issued by Nam Cheong because he was building on his block of trust in...

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