Eric Lim Chin Siong

06/12/2023

The Ordinary Account (OA) interest rate will remain unchanged at 2.5 per cent, as the pegged OA rate remains below the floor rate of 2.5 per cent.

CPF interest rates for Special, MediSave and Retirement accounts raised to 4.08%

WITH the Special and MediSave Account (SMA) pegged rate exceeding the floor rate of 4 per cent, Central Provident Fund (CPF) members’ savings in the SMA will earn 4.08 per cent from Jan 1, 2024, to Mar 31, 2024. Read more at The Business Times.

06/12/2023

All Blackpink members renew contracts with label YG

ALL members of the megastar girl group Blackpink renewed their contracts with YG Entertainment on Wednesday (Dec 6), the company said, ending speculation around their future and driving up shares in the leading K-pop label by over 20 per cent. Read more at The Business Times.

29/11/2023

Government to pilot ‘long-stay’ serviced apartments on two GLS sites to address rental demand

A NEW class of serviced apartments with a longer minimum stay requirement – of at least three months – will soon be rolled out to “better meet rental demand”, Minister for National Development Desmond Lee said on Tuesday (Nov 29). Read more at The Business Times.

20/11/2023

With the right HR personnel harnessing good people analytics systems, businesses can focus on providing transparent and consistent merit pay raises to their employees, ensuring employees are fairly compensated for their contributions and ability.

fresh Singapore graduates receive higher pay than junior employees?

WITH the fight against inflation still ongoing in Singapore, it is encouraging to see more businesses stepping up to support their employees. Read more at The Business Times.

08/11/2023

Front-line healthcare players have benefited from a rebound in medical tourism and the resumption of higher-margin elective procedures, which were not allowed during the pandemic. These gains have, however, been offset by the adverse impact from the tapering of Covid-related activity.

SINGAPORE-LISTED healthcare players have witnessed retreating earnings and share prices this year, but analysts said that they continue to see good prospects for select stocks. Read more at The Business Times.

28/10/2023

A wealth manager helps individuals and families manage their wealth and achieve their financial goals. Wealth managers provide comprehensive financial advice and services, including investment management, estate planning, retirement planning, and risk management.

The primary responsibility is to understand clients' financial objectives and risk tolerance and then develop customized financial plans to meet those goals. This often involves creating diversified investment portfolios, selecting suitable investment vehicles, and adjusting the strategies over time based on market conditions and the client's changing needs.

Wealth managers also stay updated on the latest financial products, market trends, and regulatory changes to provide informed advice to their clients. They may work for financial institutions, investment firms, or operate as independent financial advisors.

Building and maintaining trust is crucial in this profession, as clients rely on wealth managers to make sound financial decisions that can significantly impact their future wealth and financial security. Effective communication and a deep understanding of financial markets and investment strategies are essential skills for a successful career as a wealth manager.

27/10/2023

The Supplementary Retirement Scheme is a valuable tool for individuals seeking to bolster their retirement savings. With its tax benefits, flexible contributions, and investment options, the SRS offers a comprehensive solution to complement existing retirement plans. By understanding the intricacies of the scheme and aligning it with your financial goals, you can take a significant step towards achieving a secure and comfortable retirement. Start planning for your future today by exploring the possibilities offered by the Supplementary Retirement Scheme.

27/10/2023

Writing a will is an essential part of estate planning, as it allows you to ensure your assets are distributed according to your wishes after your passing.

25/10/2023

RM3.5 against SGD could be a new normal…

25/10/2023

It's no surprise that EC owners are reeking in the profits consider the favorable price plus grants given. Meanwhile, some prime properties chalked up losses of up to S$700,000 in value.

https://www.businesstimes.com.sg/property/executive-condo-sellers-remain-among-top-profit-gainers-q3?utm_source=facebook&utm_medium=social-organic&fbclid=IwAR2JTsC5KlQDRodb3GrzR9Lbnk8kK6H4iQGvfmso7ea6-a2QfRgLDuPUavU

SOME executive condominium (EC) homeowners in the suburbs or Outside Central Region (OCR) continued to score solid gains in the third quarter of 2023, with properties changing hands for nearly double their original prices. Read more at The Business Times.

25/10/2023

They were told the eight-year warranty didn't cover this and were asked whether they wanted to proceed with a repair costing about £17,500...

A Tesla-owning couple said they were landed with a huge bill to fix their vehicle, with one describing it as "absolutely obscene," Edinburgh Live reported.