Daily Briefing: How to know if your annual income is below average; Four reasons to buy Singapore Savings Bonds

And SPRING unveils $75m fund for startups.

Add your gross salary (take home salary + CPF contribution) to your employer’s CPF contribution. If this number is not greater than SGD5,943, you are below the average amongst our population. Read more here.

Here are four reasons why investors should consider parking their funds in Singapore Savings Bonds. Find out more here.

Singapore’s trade support agency SPRING today announced a new investment and incubation program for “high potential startups with deep technology content.” Through its investment arm, SPRING Seeds Capital (SSC), the agency intends to co-invest in startups working in areas like cleantech and advanced manufacturing and engineering, including robotics, nanotechnology, Ιnternet of Τhings, and more. The S$75 million (US$55.8 million) fund was first announced during Singapore’s Budget announcement for 2015. Read more here.

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