Young investors drawn to Singapore equities as safe harbour amid wild seas
The heightened interest is part of a broader homeward shift that brokerages are observing among their investor base.
Chor Khieng Yuit
Coffee, milk powder among 5% of common household items hit by ‘shrinkflation’ in Singapore: Singstat
“Shrinkflation” occurs when a product’s size or quantity is reduced, but the price stays the same or increases, so consumers effectively pay more per unit. This practice…
Singapore government close to finalising low-cost retirement investment scheme details: Manpower Minister
The previously proposed Lifetime Retirement Investment Scheme aims to offer a simple, low-cost investment option, balancing risk and return, for Central Provident Fund members…
Multiple streams of income beyond a stable job? Yes, say Singapore’s Gen Zs
Gen Zs in Singapore are exploring new income streams like online platforms and micro-influencing alongside traditional jobs, savings, and investments.
Singapore’s home loan growth continues uptrend, but analysts see no sign of financial stress
Uncertainties like US tariffs pose risks; however, economic growth and falling interest rates should support debt-servicing capacity for now.
Singapore has never stayed neutral and does take positions on trade with US and China: DPM Gan
DPM Gan Kim Yong, who is also the Trade and Industry Minister, added that Singapore values doing business with the US and with China. However, it is becoming “increasingly…
Scam-related claims rise 63%, more than a third of all financial dispute claims in Singapore
Many people think that older folk are more susceptible to scams, but the Financial Industry Disputes Resolution Centre noted that those aged between 31 and 60 made up 72 percent…
Singapore key exports up 10.7% in August, boosted by demand for AI-powered electronics
The gains were mainly driven by electronics even though non-electronics also increased, Enterprise Singapore (EnterpriseSG) noted in its Sept 17 statement.
Number of millionaires in S’pore rose to more than 333,000 in 2023; global tally shrank: UBS report
Millionaires – referring to those with a net worth of US$1 million and above – made up 1.5 per cent of the world’s population in 2023.
Household wealth rose in Singapore, defying downtrend elsewhere: UBS-Credit Suisse report
The study also found that the average household increased its financial standing by 6.3 per cent on a per adult basis.