'Indians not getting loans'
None of the candidates recommended received loans. -NST
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Car, cable TV - but family met criteria
But Mr Masni has an explanation for these items.
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Daughter never asked him to move in with her
Several elderly people said their children have moved out but they are still living in rental flats, some for 40 years.
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Just a temporary measure, say couple in their 20s
They rented a flat while waiting to buy one. |
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This man really needs a flat
He has been homeless since 1988 when he sold his four-room HDB flat to settle gambling debts.
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Are they really needy?
Spotted in rental flats: plasma TVs, laptops, pets. But MPs say majority are deserving cases. |
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'We don't have money to buy our own unit'
To Madam Gurusamy Sarasvathy, the thought of taking advantage of the Government's subsidised flats is preposterous.
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Super-rich stock up on cash
Record levels of volatility prompt many of world's wealthiest to move money out of stocks and bonds.
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Assessment rates too high
New owners' joy turned to despair when they received a hefty RM352 assessment bill.
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World's richest got even richer last year: report
Personal wealth around the world grew 5 percent to $109.5 trillion. -China Daily, ANN
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S'poreans more open to risk-taking: Survey
They are more likely to invest in risky assets than peers in HK, US, Britain.
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Most rely on family, friends for advice
The survey also found that male and female high net worth individuals differed in their desired outcomes for investment.
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Lenders must ensure borrowers can afford instalments when due: MAS
Such payment schemes will pose higher risks to banks.
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Downhill lie
Golf club membership prices crash |
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Vietnam allows HSBC, Standard Chartered to set up local banks
The two firms can operate locally as commercial banks for 99 years. -AFP
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OCBC Securities clients to get 'better' Citi service
Citi will provide direct custody services for its clients across 14 equity markets.
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$650k agreement overturned
Court of Appeal not convinced that agreement should continue after death. -ST
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DBS cuts Giro wait
Customers can apply via AXS terminals for debit plans
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Taxman rakes it in as big earners rise
Big earners paid a total of over $900 million in income tax for the year.
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50% increase in Growth Dividends this October
Households will also receive a 50% increase in the amount of U-Save rebates for FY 2008 this November.
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Bank ordered to open client's books in fraud probe
The Court of Appeal has ordered an bank to open its books to asist in a probe on an India-based Financial firm.
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Qatar bank opens full branch here.
Qatar's National Bank is keen to expand its operations here.
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Your cash is safe inside these rooms
New cash-processing rooms of Cisco among best-guarded places here.
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4% interest rate for savings in 3 CPF accounts to stay
Central Provident Fund interest rates from the CPF board. |
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S'pore moves up in world of global business hubs
It pips Chicago, HK to take 4th spot in MasterCard study.
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Did bumper $539m death tax come from them?
Estate duty assessed in 12 months to March 31 five times of 2007 tax year?s. |
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Singapore wealth story continues
It has the greatest concentration of millionaire households while region posts fastest wealth growth in 2007.
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HSBC ends FD offer early as queues form
It withdraws 2% promotional rate tomorrow instead of initial 3-week duration. |
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Ample cushion keeps local banks shock-proof
Bad loan provisions could rise, but they are capitalised well enough to withstand this.
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StanChart targets rich Koreans
Standard Chartered to launch a third tailored private wealth service targeted at Korean Expatriates worldwide. |
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Investors urged to be defensive, patient
Morgan Stanley's chief investment strategist says there's over 50% probability of still more downside risk in markets.
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She wants higher interest but loses $20,000 instead
Granny claims she didn't know $50,000 savings invested in high-risk unit trust. -TNP |
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Policyholders throng AIA centre
Many wanted to surrender their life insurance policies.
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I am more than what I earn
Learning about self-worth through multi-level marketing. -myp
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Singles enjoy housing grant and HDB mortgage loan
HDB says it is not equitable for a single to buy a new flat and receive the same amount of housing subsidy meant for a family. -myp
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Home sales down in Aug
Some link low sales figure of 320 units to the financial turmoil in US. -ST |
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Less red tape for finance sector
Proposed changes to the Securities and Futures Act (SFA) will also streamline disclosure requirements for directors and large shareholders of listed companies. -ST
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Oei Hong Leong bought 1 million AIG shares
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AIG: Your money is safe
AIA staff try to calm edgy customers. -ST
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DBS High Notes investors at risk
Bank warns they may lose entire stake in Lehman-linked product. -ST
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New CPF rule for home sellers aged 55 and above
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'I'm not sure about future of my policies'
But others assured into holding on to policies. |
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Hard hit by US meltdown
The turmoil is hitting Singapore like a tonne of bricks at a time when the financial centre is already in the midst of an economic slowdown and super-high inflation. -The Star
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O'Dell's adieu: Why is AIA S'pore boss leaving now?
It is believed that Mr O'Dell is joining a rival insurer overseas.
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'One in a billion'
US guarantees reduce the chance of AIG going bankrupt to zero.
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AXA Life Singapore has funds to meet all obligations
AXA CEO Gary Harvey assures all policy holders of its ability to meet all financial obligations. -myp |
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AIA should publish figures to reassure worried policyholders
Reader Teo Kueh Liang feels that insurers should publish figures to provide concrete reassurance. -myp
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Frantic week for AIA agents
4000 agents here suffered two setbacks in a week. |
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Some good news for DBS investors
Bank says customers with High Notes product may get something back.
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New CPF rule for home sellers aged 55 and above
It will address shortfalls in their Minimum Sum to build up retirement funds. |
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Banks gave poor advice
Asian retail investores have urged authorities to save them from losses. -Reuters
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Wage growth might halve
It will probably drop to 2 per cent in 2009 if the country slides into a recession.
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MAS tells banks to give priority to worried investors
MAS says financial institutions must deal with queries and handle complaints promptly.
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The worst is yet to come
Why spending hundreds of billions of dollars won't help the financial crisis. |
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AIA presses on with $300,000 party
Company says F1 event at Flyer planned long before crisis.
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Mood on the street? Misery on Shenton Way, sunny on Orchard Road
THE buzzword from the past week? Toxic. |
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AIA Agents: Sleepless in Singapore
AIA agents have been stretched out for the past week due to companies' woes.
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DBS 'High Notes 5' Investors:They pumped in life savings and now feel cheated
Investors who had put money with DBS product may suffer a blow to their nest eggs. |
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5 money gurus give their views on the carnage & what's next
5 money gurus talk about the current financial crisis and give their opinions.
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Unknown short-seller hit by $1m loss
SGX initiates buy-in for shares against short-seller who fails to cover his position. -BT |
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Banks task third parties to check complaints
The move is to assure investors that their complaints will be heard.
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Invalid CPF nomination investigated thoroughly
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I can't have the nose job
The fallout in Wall Street is affecting the haves and the have nots in different ways.
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Insurance agents told: Don't poach
Poaching will not be condoned as it goes against industry best practices.
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Investors in Lehman products to get updates
MAS also urged consumers to be careful in their investment decisions.
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Banks seen making far less profits in future
Banks will have to be recapitalised, equity will be more expensive.
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80% of individual depositors protected
The Insurance Act provides for the setting up of a Policy Owner's Protection Fund (PPF) to compensate policy owners.
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BEA here hit by withdrawals
This is after clients heard rumours about the bank's exposure to Lehman Brothers. -ST
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Are 'protected funds' for investment not guaranteed?
Reader asks: Should "protected funds" be called "non-guaranteed funds"? -myp
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How are foreign banks in S'pore regulated?
Reader seeks clarifications about banks' capital buffers and the regulation of foreign banks. -myp
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Insurer drops client who queried other driver's claim
NTUC Income says it had done its best, but client was still unhappy.
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High notes saga: Tell us who gains, who loses out and why
Reader Rebbecca Lee has queries on the DBS highnotes issue. |
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China's super rich list longer than Japan's
But Japanese still account for 56% of people in Asia-Pac with US$1m assets.
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'Dead' man jailed for cheating CPF and GE
Shamsul plotted with wife and others to get payouts by faking death. |
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Foreign banks comply with MAS rules
The Monetary Authority of Singapore (MAS) requires all banks in Singapore to comply with requirements on capital adequacy, asset maintenance, liquidity, and limits on credit and investment exposures. -myp
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