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Lease Buyback Scheme: Govt to give extra cash subsidy to home owners
A flat's value will be based on current market value: Mah 		Credit card spending now takes you miles further
Conversion rates have dropped from $2.50 per mile to below the $1 level.
Tax takings swell, the million-dollar club grows
2,121 taxpayers earned over $1m in YA2006, up 22% from 1,738 the previous year. 		Manulife launches annual renewable term insurance plan
Younger people will pay less for a large amount of coverage.
Property loans: local banks turn cautious
Banks are tightening up on the way they lend money for buying homes while the property market is coming off the boil. 		Well-off young, elderly are big luxury spenders: report
They will account for 83% of spending on luxury goods, services in 10 years.
Citibank rolls out 3-in-1 debit card
First in Singapore, this Citibank debit card can be used as an EZ-Link card, to pay for purchases and earn savings rates. 		China's mortgage market faces high-risk period: report
China's banks could see a rapid rise in mortgage delinquency partly due to frequent lending rate hikes. -AFP
Mexico named as best place in the world to retire
And why was last year's winner Panama replaced by Mexico? -Reuters 		Cell phones double as electronic wallets in Philippines
18-year-old Dennis Tiangco's weekly allowance is zapped to him by his mother from Hong Kong. -AP
 
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