How Will Used Car Dealers Cope After The Loan Relaxation Period Is Over? Two weeks before the end of the reprieve period, used car dealers have almost cleared the more than 7000 used cars that are not governed by the new loan restrictions. This means that car buyers that enter the market now are likely to have to pay 40% to 50% in cash downpayment, and only allowed to borrow a maximum of 50% to 60% of the car prices. Will car sales slow down now, and how will this affect car supplies and prices? Are there any good deals left for buyers? Interview with Thomas Chua, The New President of SCCCI To maintain its vibrancy and relevance, 14 of the 56 newly-elected council members of the Singapore Chinese Chamber of Commerce & Industry (SCCCI) are aged 50 years and below. What plans does the new President, Thomas Chua, have to ensure that the SCCCI does not lose its relevance to society and the younger business community? As the Singapore economy undergoes a restructuring, what can the SCCCI do to help SMEs overcome existing challenges and those that lie ahead?