Regulatory caps on neobanks’ operations could stifle growth, expert warns

Despite questions arising from the recent rise of deposit caps in neobanks, incumbent banks are left unfazed.
4 days ago

2.5 million Singaporeans to receive $800 cash assistance in December 

The government will disburse an additional $1.1b under its Cost-of-Living Support Package.
4 days ago

Heads up Singaporeans: Water bills rise to 50 cents per cubic metre in phases over 2 years

Three in four homes will see an increase of less than $10 monthly in water bills.
5 days ago

Gov’t to provide support to adult education, ITE grads to address socioeconomic challenges

Strengthening the SkillsFuture programme is a crucial part of it.
5 days ago

August contraction a ‘blip,’ IP momentum to still improve in 4Q – expert

RHB cited 2 factors for the deeper-than-expected manufacturing output decline in August.
5 days ago

Elderly Singaporeans pushing for higher retirement age

The seniors also showed support for a re-employment age of 68 years old and higher.
6 days ago

MAS unlikely to change monetary policy in October – experts

There is, however, a 40% chance that it will reduce the slope of the S$NEER band slightly.
6 days ago

SG and India collaborate to use technology for enhanced access to justice

The two markets signed two deals to promote bilateral judicial cooperation.

Looser monetary policy awaits Singapore in 2024: report

Experts believe inflation will fall further this year.

Inflation eases to 4.0% in August

MTI attributed the moderation to lower core and accommodation inflation.

Financial fitness is a major factor when it comes to the quality of life: Study

Developed markets scored lower than those in emerging markets. 

MOE to implement more AI tools for detailed education

Beginning in December, two learning feedback assistants will be implemented into the SLS.

Gov’t extends 4% interest rate for SMRA in 2024

It will help CPF members mitigate the uncertain economic conditions.

Singapore snatches Hong Kong’s crown as world’s freest economy

Improvement in its size of government boosted Singapore in the rankings.

Unclear if higher tax revenue growth trend will continue: MOF

The tax revenue growth complies with SG’s economy, the Ministry of Finance said.

MOF to consider ‘age-based only’ in criteria of Majulah Package

Currently, the package only benefits seniors with lower incomes and less wealth.