CPF, Medisave minimum sum to be raised
CPF minimum sum will be raised gradually to reach $120,000 in 2013. -AsiaOne
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Temasek and GIC 'can be more open' about key decisions
Tharman's statement was more open than Temasek's letter to the media, says MP. -ST |
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Keeping a tight rein on bankers
Saudi Arabia's central bank governor Muhammad Al-Jasser explains how his country has managed to avoid the worst effects of the global financial crisis. -BT
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The Great Market Divide
Has the stock market seen its darkest days or could this just be a false dawn? -ST |
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$3m bet on Reits pays off
Retail investor Isaac Chin made $800,000 in the last two months after deciding that the market has bottomed out. -ST
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Sharp cards
Credit-card users shocked at big holes cut in their bank accounts for late repayments; govt agrees to investigate. -Daily Xpress/ANN |
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Temasek recoups half of losses in S'pore portfolio
Market rally boosts investments in 12 S'pore firms by $16.4 billion over 6 months. -BT
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Auditors get their list of dos and don'ts
Enhanced code of conduct spells out guidelines on independence. -BT
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Condo tenants get last minute reprieve
Owner of Grangeford Apartments has terminated agreement with master tenant over illegal partitioning of units. -AsiaOne |
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Investors' darling needs makeover
Issues such as high living costs and educational shortfalls have to be addressed, says top MNC officer. -ST
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Trojans target local online banking
Customers could be tricked into revealing their passwords. -ST |
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Temasek portfolio rebalancing seen
It may trim stakes in non-strategic S'pore firms, move assets to energy, resources. -BT
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Online spending in Asia holds up despite slump: survey
Visa report shows that consumers in Singapore were the biggest online shoppers. -AFP
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Lack of insurance cover for H1N1-affected travel
Airlines, travel agencies and insurance companies should play a more active role in supporting MOH's travel advisory, says reader. -myp
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Indian bank staff plan one-day strike on June 12
They want higher wages and to oppose outsourcing. -Reuters
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Temasek tops SWF transparency index again
It attained a perfect score on the latest Linaburg-Maduell Transparency Index.
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Maybank plays the cash rebate card
Its cardholders get up to $1,000 a year in $6m programme. |
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Banks should scrutinise travel-insurance plans
Woman informed by her insurer that expenses resulting from trip cancellations because of H1N1 flu would not be covered. -myp
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Banks' exclusion clause is unfair to customers
Banks should not be exempt from fulfilling their obligations to consumers, says reader. -myp |
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CPF rates to stay at 4%
It will remain at this rate until the end of the year. -ST
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Minister at her stall, but she doesn't know about Workfare
The income gap may be closing and the schemes overall may be working. But the communication gap, it seems, still needs some work. -TNP |
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'Green shoots' spur rise in bank lending
Business sentiment lifted by a few positive signs of rebound, say bankers. -ST
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Fish spa's clients still awaiting compensation
Customers have yet to get a refund two months after abrupt closure of celebrity-owned fish spa. -myp |
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Chinese choose to save, gloomy on incomes
Only 15.1% said that they would spend more, down 14.6% from the previous quarter. -Reuters
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You can get last loan instalment waived
The cash-strapped can now get better loan terms. -TNP |
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Singapore among top 10 most expensive cities in Asia for expatriates
Raise in rank largely due to price increases not slowing as quickly as elsewhere in Asia. -ST
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Most working adults underinsured: McKinsey
Singaporeans are covered on average for only 2.8 times their average annual income, well under the suggested level of 10 to 12 times. -ST |
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Drive-through Citi ATMs at Esso stations
There will be 10 petrol kiosks with cash machines by year-end, and five more planned for 2010. -BT
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OCBC also wants to install petrol station ATMs
OCBC cites plans to join Citibank in placing drive-through ATMs at petrol stations. -BT |
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Some credit-linked notes rallying
Improved market conditions have led to surge in value and lowered risk of default. -ST
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Barclays Wealth on expansion path in Asia
Bank targeting wealthy clients with 'institutional-quality' products, services. -BT |
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New multi-level scheme out to dazzle buyers
Marketers aim to raise profile of controversial sales system by selling diamond jewellery. -ST
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SE Asian bourses 'unlikely' to merge
Bourses may develop electronic trading links. -Reuters
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Review banks' exclusion clauses
CASE replies that banks' exclusion clauses may be 'unfair practice'. -myp
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SGX proposes a bigger buffer fund
This is to cover potential losses, taking into account increase in trading activity. -ST |
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MasterCard reports jump in GSS spending
Singaporeans appear happy to spend despite the bad economic times, shows survey. -ST
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OCBC rolls out better sales services
Home loan data now easier to understand and staff training has been enhanced. -ST |
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Changes to CDP clearing fund welcomed
Proposed move is a confidence booster, say market players. -BT
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Jail for ex-UOB officer who misled client
She lied, forged letter about benefits of fund to get him to invest. -ST |
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Guided by old hands, Temasek energy unit hunts for targets
Orchard Energy to disclose oil, gas E&P assets Temasek plans to buy. -BT
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Lim Siong Guan to oversee GIC investment units
Agency aims to operate effectively in an integrated way. -ST |
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Temasek outdid key benchmarks
Long term, it did even better than Buffett. -ST
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Sias event to educate retail investors
First time large-scale event by Sias aimed at educating investors on the financial markets and promoting financial literacy. -ST |
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Faster upgrades for estates
Scheme will allow private estates to get more timely small-scale improvements. -ST
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Catalist Index to be launched on Monday
New index will track performance of smaler companies at early stage of growth. -ST |
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Oei's Obama assassination fears
Court papers give an insight into tycoon's dealings, show how he lost millions in the past year. -BT
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Citi: Oei had net open position of US$6.8b
Defendant argues tycoon's charges in suit against bank were 'contrived afterthoughts'. -BT |
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Mountain crisis, mouse reform
The financial restructuring plan unveiled by Obama is high on rhetoric but low on solid proposals to prevent future catastrophes in the financial system. -BT
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Rich, famous, powerful among Madoff victims
This includes top banks and celebrated stars. -AFP
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Madoff: Wall Street baron behind massive con trick
He used his charm to wheedle billions from his clients. -AFP
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Master swindler Madoff to be sentenced Monday
He could face a 150-year jail term at age 71. -AFP |
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New 50,000 won notes draw complaints
Local Korean media took issue with the "windowed security thread". -The Korea Herald/ANN
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Two-thirds of Lehman investors get compensation
A quarter of the cases have been compensated in full: SM Goh. -AsiaOne
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He is a man of few words
Asia's first World Bank chief economist reveals little of himself but has much to say on the world economy. -TNP
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S'pore wealth chart shrinks by 22%
Globally, high net worth individuals' wealth falls 19.5% to US$32.8t in 2008. -BT |
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S'pore's rich list takes a beating
Millionaires down 22% to 61,000 people. -ST
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Hey, cautious spender
Credit card delinquency in Singapore falling despite tough economic times. -ST |
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Temasek did well but Berkshire did better
It may be painting too optimistic a picture to say that the agency beat Mr Warren Buffett's record, says reader. -ST
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STI on longest losing streak since January
Banks and property counters tumble; volume lowest since April 29. -ST |
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Bosses in no hurry to reinstate pay
Some have restored wages to keep key staff but many remain wary. -ST
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5 strategies to develop financial sector: SM
Focus is on attracting investors, wealth protection, maintaining order, improving risk management and building talent. -BT |
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That's 'SHOW' business
Local stars try to cash in during the recession but celebrity status doesn't always guarantee success. -TNP
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