Finance

MOF: Govt did not say it will not raise taxes (Yes, they did)
By Kenneth Lin Published on by Kenneth Lin 0

The Ministry of Finance issued a rebuttal on its website against accusations that the government has reversed its 2015 position on not raising taxes. Quoting DPM Tharman Shanmugaratnam, they said that the following statement made in 2015 was still accurate today: ‘For this current Read More

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Posted in Current Affairs, Finance, Politics | Leave a comment
QR code payment offered by banks, citizens voice concerns and ask why the rush
By Neyla Zannia Published on by Neyla Zannia 0

In a Channel NewsAsia report dated 20 November (Monday), it is reported that seven banks in Singapore have announced that they will offer consumers the option of paying using NETS QR code by the middle of next year. DBS Bank, OCBC, and UOB stated Read More

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Posted in Finance, Tech | Leave a comment
CAAS awards contract to develop smart digital tower prototype worth close to $7 million
By Neyla Zannia Published on by Neyla Zannia 0

The Civil Aviation Authority of Singapore (CAAS) has has announced that it awarded UK-based Air Traffic Management service provider NATS a contract, valued at close to $7 million, to develop a smart digital tower prototype to be trialled at Changi Airport, over a period Read More

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SDP on Tax Increases: “PAP Broke Election Promises”
By Kenneth Lin Published on by Kenneth Lin 0

Last updated on November 22nd, 2017 at 11:56 pmThe Singapore Democratic Party (SDP) has issued a statement regarding Prime Minister Lee Hsien Loong’s recent warnings that tax increases are onset and “inevitable” as government spending is growing. The SDP points out that back Read More

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Chinese signal their intent to bid for the Singapore – Kuala Lumpur high-speed rail (HSR) project
By Neyla Zannia Published on by Neyla Zannia 0

China’s state planning commission earlier held a forum in Singapore on Friday (Nov 17) where the Chinese signal their intent to bid for the Singapore – Kuala Lumpur high-speed rail (HSR) project. The symposium at Shangri-La Hotel held by China’s National Development and Reform Read More

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Can country clubs go enbloc?
By icompareloan Published on by icompareloan 0

  by Angeline C and Paul Ho 6 Nov 2017 For some of us, it is only when we go through tough times that we take time to look at our personal finances rigorously and cut off unnecessary spending. When you have enough money Read More

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Posted in Property | Leave a comment
Should you pay your rent with a credit card?
By Neyla Zannia Published on by Neyla Zannia 0

by Value Penguin In Singapore, two startups have been receiving a lot of attention by allowing consumers to use credit cards to pay for big-ticket expenses like rent and income tax. While the prospect of earning miles on your rent payment may sound attractive, however, paying Read More

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DHL announces additional €335 million expansion of its strategic Central Asia Hub in Hong Kong to bolster regional trade
By Neyla Zannia Published on by Neyla Zannia 0

DHL Express, the world’s leading international express services provider, today announced a €335 million expansion plan for its Central Asia Hub (CAH), in partnership with the Airport Authority Hong Kong. This expansion brings DHL’s commitment to this strategic hub to over €520 million, Read More

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Posted in Business | Leave a comment
Buy a commercial property in singapore
8 things to consider before you refinance commercial property loan
By icompareloan Published on by icompareloan 0

by Angeline C Most commercial and industrial property loan packages offer a step-up package. That means, it goes like this (illustration only): – Year 1 = 1.5% Year 2 = 1.8% Year 3 = 3% This means that many owners of commercial properties are compelled Read More

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Posted in Finance, Property | Leave a comment
Loans: Exploring the Good vs the Ugly
By The Online Citizen Published on by The Online Citizen 0

by Value Penguin Most people believe that debt is bad, and try to minimise liabilities of all kinds to ensure the mounting debt doesn’t catch them off-guard. Of course, accumulating a large amount of credit card debt and personal loans could potentially turn one’s Read More

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