Digital planning service MyMoneySense to cease operations in December
The Institute for Financial Literacy, the outreach arm of MoneySense, continues to conduct free financial education and training programmes for the public.
New guidelines for finance industry in S’pore to keep misleading online financial content in check
Mr Chan Wai Kit, executive director of the Life Insurance Association (LIA) Singapore, said this is a timely and important step as the industry collectively seeks to foster greater trust and transparency in Singapore’s digital financial landscape.
Singapore factory output turns negative in August, shrinks 7.8% under US tariff cloud
An already weakened business sentiment would be hurt further if US tariffs are not lifted and uncertainty of new ones continues to linger.
Singapore’s core inflation at 0.3% in August, lowest in more than 4 years
MAS and MTI kept their projection for both core and overall inflation at an average between 0.5 and 1.5 per cent in 2025.
SGX launches two new indexes to boost investor demand and interest in Singapore stock market
These two indexes will complement existing benchmarks by tracking the performance of the next tier of 50 companies on the mainboard, following the 30 largest ones by market capitalisation on the Straits Times Index (STI).
4% interest rate floor for CPF Special, MediSave, Retirement accounts extended till end-2026
This will continue to provide CPF members with certainty on the returns of their CPF savings amid the falling interest rate environment, said the CPF Board (CPFB) and HDB in a joint statement on Sept 22.
People aged 40 and above can now redeem discounts of up to $580 to offset MediShield Life premiums
The Ministry of Health (MOH) announced on Sept 18 that MediShield Life policyholders can use 75 Healthpoints in the Healthy 365 app to redeem a discount of $1.
Record $6.7b set aside under CPF Retirement Sum Topping-Up Scheme in first seven months of 2025
The CPF Board said the record top-up amount in 2025 is largely due to a one-time surge following the raising of the Enhanced Retirement Sum (ERS) from three times to four times the Basic Retirement Sum
MAS ready for ‘timely and appropriate’ monetary response if economy deteriorates
In an Addendum to the President’s Address, he noted that MAS has eased monetary policy twice – in January and April – in response to Singapore’s “sustained decline” in core inflation.
DBS surges to record high of $52.87, lifts STI past 4,340 for the first time
The market is also expecting further updates from the Monetary Authority of Singapore (MAS) on its Equity Market Development Programme, which aims to enhance market liquidity and support Singapore’s fund management ecosystem.
Large families with young children to receive first tranche of $1,000 LifeSG credits from Sept 10
Large families with children born on or after Feb 18 will also receive a $5,000 increase in CDA First Step Grant and $5,000 MediSave Grant under the scheme.
Higher interest bank accounts are top choice for young employees in Singapore
The survey shows that about 57 per cent of young workers are not aware of the need to have a substantial emergency fund to meet cash-flow problems.