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.
Higher BTO supply and ‘right conditions’ will allow for higher income ceiling, lower singles’ eligibility age: Sun Xueling
Ms Sun noted that there may be young Singaporeans doing well at work and earning more, and are hence afraid they will exceed the HDB income ceiling and not be eligible for a BTO flat.
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).
Chinese savers have almost $30 trillion and few options to invest beyond stocks
The nation’s four biggest banks offer returns of around 1.3 per cent for five-year savings accounts, down from around 2.75 per cent in 2020, according to state media reports.
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.
UK 'not out of woods' on inflation, says Bank as rates held
Analysts had not expected interest rates, which influence borrowing costs and returns on savings, to be cut given that prices are rising at nearly twice the Bank's target rate.
Fed announces first rate cut in nine months, signals more reductions to come
The Federal Reserve cut its benchmark interest rate Wednesday for the first time since December and signaled more cuts are likely this year.
Investing in property is no longer top choice for many retirement planners: Poll
It found that only about 35 per cent of the poll participants would now consider property to be one of their top two retirement priorities, a significant decline from 65 per cent previously.
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
Indonesia central bank delivers surprise rate cut to boost growth
BI cut its benchmark rate by 25 basis points to 4.75 per cent, defying a Bloomberg consensus that had expected no change.
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.