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Dispatches: First foreign consumer finance lender sets up in China

Home Credit Group, a Czech company operating mainly in Russia and eastern Europe, has beaten some of the world’s largest financial groups to become the first foreign company to set up as a consumer finance lender in China. (Financial Times)

Resident employment rate in Singapore has rebounded to a new high in light of the economy’s strong recovery in 2010. Together with an increase in employment which was seen across the board (prime, aged and women) there was also in increase in workers’ incomes. (Asia One)

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