Personal Finance

The biggest banks in Singapore have all raised interest rates on their savings accounts twice since August.

UOB recently raised the maximum rate for its flagship savings account to 7.8% per annum. This is the highest it has been in its seven-year history.

In a news release by the Central Provident Fund Board, Housing and Development Board, and Ministry of Health, it was revealed that the government is closely monitoring interest rates to ensure CPF interest rates are still appropriate.

A recent survey from Capco entitled Bank of the Future Survey, it was found that about 77% of Singaporeans are looking forward for a better banking experience.

If you’re looking forward to spending your retirement in Singapore, knowing the cost of living is essential so you can stretch the most of your money. If you’re wondering how much you need to retire comfortably in Singapore, you’re on the right page.

If you want a safe way to diversify your investment portfolio, one of the best things you can do is buy T-bills which are debt securities issued by the Singapore government. Keep on reading to find out more about this solid investment, and how you can buy it.

Homeowners in Singapore are now starting to feel the pressure of home loan interest rates as banks hike up their rates to up to 4.5% - the highest in almost 20 years.

In the fourth OCBC Financial Wellness Index Report, ‘mortgage stress’ increased to 40% compared to 31% in 2021.

Everyone wants to make the most out of their money. If you’re looking for a way to reduce your tax burdens, you should understand how CPF can make this possible for you. In this guide, we’ll take a look at the maximum amount of tax relief you can get from your CPF.

For those who want to diversify their portfolio, dividend investing is an incredible option. This investment instrument is perfect for anyone who wants to increase their income, especially in times of high inflation. But what is it and how can you do it?

Although long-term savings is the best way to fund an overseas study, this option simply isn’t possible for many people. This is why the best overseas study loans in Singapore are extremely helpful.

The Monetary Authority of Singapore (MAS) unveiled the seventh issue in the Singapore Fourth Chinese Almanac Coin Series, which is the 2023 Year of the Rabbit coins which will be issued on 1 January 2023.