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S'pore investors top financial literacy survey
US centre put 13 questions to people in 16 countries to test their market smartsInvestors in Singapore have the highest level of financial literacy worldwide, according to a new study of 16 major...
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Hotel GM works hard for her money
Ms Jolene Chong, 30, General Manager of Hotel Re!, on June 30 2014.Jolene Chong believes in earning her keep, even though her family is well-offDespite a comfortable background, hotel executive Jolene...
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Outsourced services 'in high demand'
Outsourcing agencies that help companies fill both short- and long-term positions are reporting an increase of up to 50 per cent in clients this year.These include employers who need staff for...
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Higher tax does not stop Singaporeans
Singaporeans who sell their Malaysian properties will have to cough up more for higher real property gains tax (RPGT) from this year, but that did not seem to put off prospective buyers who turned up...
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Iskandar Malaysia - China developers' new land of opportunity
Chinese developers are zeroing in on Iskandar Malaysia, spurred by the tough market at home and the promise of rich rewards in the booming Johor Baru zone.Their preference for building huge...
View ArticleAs Britons embrace digital banking, more branches face the chop
Banking apps downloaded more than 14.7 million timesLONDON - Britons are using internet and mobile banking for transactions worth nearly 1 billion pounds (S$2.1 billion) a day and branch use is falling...
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1 in 2 Singaporeans would sacrifice friendships for promotion: Study
SINGAPORE -More than half or 51.6 per cent of Singaporeans would consider sacrificing their friendships at work if they could get a promotion, a new LinkedIn study has found.The Relationships @Work...
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Minimum Sum gets maximum airing
What would you rather have? A big payout at 55 or a steady stream of income deep into your golden years?Minister for Manpower Tan Chuan-Jin stripped down the logic behind the Central Provident Fund...
View ArticleS'pore shares fall as investors lock in gains
Local shares dipped yesterday as the temptation to cash in on Monday's gains proved too much for some investors.The Straits Times Index fell 8.23 points or 0.25 per cent to 3,283.34, although it still...
View ArticleMoody's: Bad loans risk up for local banks
Ratings agency Moody's Investors Service has retained its negative outlook on Singapore's banking system over the next 12 to 18 months, it said yesterday.The agency expects that a surge in lending by...
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Best friends, till one gets promoted
They were his friends as well as his colleagues. Or so thought Gustavo Liu. Then he was promoted and they simply shunned him.The banker's experience in a previous job is playing out at workplaces...
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5 properties in 4 years = 100 per cent profits
She went for over 60 apartment viewings before deciding to buy her first property in 2002 - a one-room condominium unit in Mandarin Gardens. Even then, she was not satisfied."I made a mistake, I really...
View ArticleSamsung Electronics expects 24 per cent drop in operating profit in Q2
Samsung Electronics' quarterly operating profits are expected to fall below 8 trillion won (S$9.9 billion) for the first time in two years.The company said in its earnings guidance Tuesday that it...
View ArticleTaiwan's share in market irregularities drops
TAIPEI - The Taiwan Financial Services Roundtable (TFSR) chief yesterday said the incidence of default in settlement and insider trading has declined markedly, saying that it is a great improvement to...
View ArticleSafety passports soon for site workers
KUALA LUMPUR - A new kind of passport will be in use here, but it has nothing to do with travel.Enter the "safety passport", which is to be issued soon to all Syarikat Prasarana Negara Bhd's...
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'Fair and safe' - Tharman tells how CPF rates are set
THE Central Provident Fund (CPF) scheme prepares Singaporeans well for the future by providing guaranteed, fair returns on their retirement savings and shielding them from risk as few other pension...
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Motorola's bid to enforce $3.3b US ruling
AMERICAN phone giant Motorola is seeking to enforce a US$2.65 billion (S$3.3 billion) US court judgment here, the biggest reported foreign judgment sought through the Singapore courts.Motorola...
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Earn your customers' loyalty
IT IS universally accepted that it costs around five times more to acquire a new client than it does to keep an existing one.This fact has been written about by Tom Peters in his book Thriving On...
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STI down as Wall Street slips
Singapore shares endured a listless session yesterday, as bleary-eyed traders recovered from the shock of seeing hosts Brazil humbled by Germany in the World Cup semi-final.Traders paying some...
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Inflation here 'more domestic in nature'
A strong Singapore dollar "should not be seen as too helpful" in curbing rising prices in Singapore, as various measures suggest that inflation pressures are more domestic in nature, said a Credit...
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