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Singapore will experience a 2% increase in COE quota for the upcoming quarter. This a significant slowdown compared to t...
01/02/2024

Singapore will experience a 2% increase in COE quota for the upcoming quarter. This a significant slowdown compared to the previous period's 27% surge.
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14,707 COEs to be released in the next quarter From February to April, the Certificate of Entitlement (COE) quota will see a marginal 2% increase. This is a huge contrast to the 27% surge observed in the November 2023 to January 2024 quarter. More from OMY: LTA Expands COE Quota for Upcoming Quarter

The Monetary Authority of Singapore has maintained its current monetary policy, highlighting stability in the face of gl...
30/01/2024

The Monetary Authority of Singapore has maintained its current monetary policy, highlighting stability in the face of global uncertainties.
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MAS to remain digital to inflation and growth risks The Monetary Authority of Singapore (MAS) announced on 29 January that it will continue its existing exchange rate-based monetary policy, marking the third consecutive meeting without changes. This decision aligns with the predictions of market ana...

Singapore welcomes the Year of the Wood Dragon with a spectacular array of Chinese New Year (CNY) 2024 festivities acros...
23/01/2024

Singapore welcomes the Year of the Wood Dragon with a spectacular array of Chinese New Year (CNY) 2024 festivities across the island, featuring dragon displays, cultural workshops, and parades.
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CNY 2024 celebrations expected to wow locals and international tourists As the Year of the Wood Dragon approaches on 10 February, Singapore is set to celebrate Chinese New Year (CNY) with an impressive range of activities and events, reflecting the dragon's symbolic power, strength, and fortune in t...

The Lion City’s passport joined the ranks of the world's most powerful, offering visa-free access to 194 countries, acco...
18/01/2024

The Lion City’s passport joined the ranks of the world's most powerful, offering visa-free access to 194 countries, according to the Henley Passport Index.
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Henley Passport Index releases new rankings The Henley Passport Index has placed passports from Singapore, Japan, France, Germany, Italy, and Spain at the top of global mobility, granting holders visa-free access to 194 out of 227 countries. This prestigious ranking highlights the extensive travel f...

In 2023, the Singapore Exchange's ETF market saw remarkable gains, particularly in US and India-focused ETFs, along with...
18/01/2024

In 2023, the Singapore Exchange's ETF market saw remarkable gains, particularly in US and India-focused ETFs, along with a strong showing from gold ETFs.

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Spotlight: The ETFs that had the best gains in 2023 Last year marked a significant period for the Singapore Exchange (SGX), especially in the Exchange-traded fund (ETF) sector, witnessing the introduction of five new ETFs and high gains driven by US and India-focused funds. These ETFs emerged as the...

When it comes to getting a personal loan, there are two primary options: approaching a direct loan provider or working w...
18/01/2024

When it comes to getting a personal loan, there are two primary options: approaching a direct loan provider or working with a personal loan broker in Singapore. Both options have their own advantages and disadvantages, so it's important to understand the differences before making a decision.
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Getting To Know Direct Loan Provider And Personal Loan Broker In Singapore Searching for personal loans in Singapore can often feel like walking through a maze. Whether it's for an emergency expense or a big purchase, choosing the right loan option is important. When it comes to loans, you're faced....

As Singapore gears up for the increase in the Goods and Services Tax (GST) to 9% in 2024, many Singaporeans are wonderin...
04/01/2024

As Singapore gears up for the increase in the Goods and Services Tax (GST) to 9% in 2024, many Singaporeans are wondering about its potential implications for their finances, such as how this might affect personal loan interest rates.
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Will your personal loan rates be affected by the GST hike? Understanding how changes in the Goods and Services Tax (GST) can affect financial products is crucial for borrowers in Singapore. With the GST set to increase, many are curious about how this shift might impact personal loan interest rates....

Looking for an alternative way to secure a loan? Peer to peer lending is an option worth exploring. But how does it actu...
26/12/2023

Looking for an alternative way to secure a loan? Peer to peer lending is an option worth exploring. But how does it actually work? Learn what's behind this game-changer in Singapore.
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P2P Lending 101 When it comes to getting loans, people often turn to traditional sources like banks, online platforms, financial institutions, or even friends and family. But what if there was a way to combine professionalism and legitimacy in borrowing, all while still involving individual peers or...

Plan on taking out a secured loan Singapore? Discover how these loans work, what they offer, and how to make the most of...
08/12/2023

Plan on taking out a secured loan Singapore? Discover how these loans work, what they offer, and how to make the most of them. Whether you're new to loans or simply want to understand it more, we'll help you navigate through the process.
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Secured Loan Singapore 101 Imagine you suddenly face a financial emergency that requires immediate attention. It may be a medical emergency, a home repair, or even a business opportunity. Whatever it is, it requires a significant amount of money that you don't have on hand. But what if you don't hav...

Deputy Prime Minister Lawrence Wong highlighted the crucial role of AI in a future where systems have cognitive abilitie...
06/12/2023

Deputy Prime Minister Lawrence Wong highlighted the crucial role of AI in a future where systems have cognitive abilities similar to humans. The shift in strategy from standalone projects to a systemic approach reflects Singapore’s dedication to harnessing AI for the country’s economic growth.
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Singapore to tripe its AI talent pool and build AI site Singapore is embarking on an ambitious journey outlined in the National AI Strategy (NAIS) 2.0. The Lion City is aiming to increase its AI talent pool and create an “iconic” site to foster innovation in the field. The strategy, released by ...

The government has released several channels where Singaporeans can provide suggestions until 26 January next year.Disco...
06/12/2023

The government has released several channels where Singaporeans can provide suggestions until 26 January next year.
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Suggestions for Budget 2024 open until January next year Singapore's Ministry of Finance (M*F) is actively seeking input from Singaporeans as they prepare for the Budget 2024, set to be released in February 2024. Singaporeans have the opportunity to share their insights and suggestions through vario...

You might be familiar with the saying, ‘To get credit, you need to have credit." This makes loans and credit cards even ...
06/12/2023

You might be familiar with the saying, ‘To get credit, you need to have credit." This makes loans and credit cards even more intimidating for beginners. To help you understand how you can build a solid credit history in Singapore, we've outlined a clear roadmap on how you can achieve this.
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Credit History Singapore 101 To say that having a good credit history in Singapore is important would be an understatement. After all, it can help you secure a home, a car, or even deal with emergencies. But when you're just starting out, figuring out how to build your credit history in Singapore ca...

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