SG Retirement Hub

https://www.channelnewsasia.com/singapore/cpf-special-medisave-retirement-accounts-interest-rate-rise-q4-4620036?fbclid=IwY2xjawFbFp1leHRuA2FlbQIxMQABHeQDcHv23TE_5w8yj6H7Ah12OgowehTmtigN_sHR7XeFzj_yee1t3HyT-A_aem_8QxOILVrygJsNcOgN2eQvA

Jia lat..

https://www.straitstimes.com/business/banking/1-in-4-gen-zs-in-singapore-do-not-save-invest-or-insure-enough-says-bank-poll?utm_medium=social&utm_source=facebook&utm_campaign=stfbs&fbclid=IwY2xjawExQd5leHRuA2FlbQIxMQABHZevxqHLUC4WHtOH3PLbc6iog9TKav0sVbTl680rz-xKmo-ZWSXBhDZ70w_aem_3lvTaJDKHg8GXx6w8kLzwQ

1 in 4 Gen Zs in Singapore does not save, invest or insure enough, says bank poll Gen Zs, or those aged 18 to 25, are the most unprepared out of all the age groups surveyed, the study said. Read more at straitstimes.com.

https://www.straitstimes.com/singapore/politics/patients-will-be-charged-for-upgrading-from-lower-class-wards-ong-ye-kung?utm_medium=social&utm_source=facebook&utm_campaign=stfbs&fbclid=IwZXh0bgNhZW0CMTEAAR09Lpurd7nNea-DZS45-xiAI3AB4EWRHvNP8zy5pybtemGMAo_bNj7FK7U_aem_ARs_kdg7OAi2CBIlpotw6BsbMDCqTJTkai2QRXyjQr0sT93MlzPWprG-LuP2mdMNGdUUCypKuAQj4iV0MR-l9GEu

Patients will be charged for upgrading from lower-class wards: Ong Ye Kung Upgrading to a higher ward class will incur retroactive charges for treatments in the more subsidised ward. Read more at straitstimes.com.

Was good while it lasted..

https://www.channelnewsasia.com/singapore/uob-cut-maximum-interest-rate-flagship-savings-account-may-1-4234181?cid=FBcna&fbclid=IwAR37ss4CQQ8Y18qoOve4EBxLVUqkTquK3IuTavOsiiYukQdj2t0T22PTzxo

UOB to cut maximum interest rate for flagship savings account from May 1 The local bank says the revision of interest rates for its UOB One Account is necessary “to align with long-term interest rate environment expectations”.

https://www.straitstimes.com/singapore/budget-2024-higher-cpf-retirement-sum-ceiling-from-2025-among-slew-of-changes

These changes will affect your retirement sum. It can be confusing! But dont hesitate to have someone explain what and how these changes will affect you. Make your money work HARDER for you!

Budget 2024: CPF retirement sum ceiling to increase; Special Account to be closed for those aged 55 and up The Enhanced Retirement Sum will be pegged to four times the Basic Retirement Sum from 2025. Read more at straitstimes.com.

https://www.channelnewsasia.com/business/hong-kong-billionaire-richard-li-seeks-sell-asset-manager-pinebridge-sources-4091436

Hong Kong billionaire Richard Li seeks to sell asset manager PineBridge -sources HONG KONG : Hong Kong investment firm Pacific Century Group (PCG), founded by billionaire Richard Li, is seeking to sell its majority stake in asset manager PineBridge Investments, according to three people with knowledge of the matter and a deal document seen by Reuters.PCG has hired JPMorgan to ru...

https://sg.finance.yahoo.com/news/paypal-is-laying-off-2500-employees-214628203.html?guccounter=1&guce_referrer=aHR0cDovL20uZmFjZWJvb2suY29tLw&guce_referrer_sig=AQAAALAaOCW5sE9K-YR_VatE3V1c9OSTTkX51sPBzoerOpREB4xh48rSPzzsThwY5cvQQ8PHPyTugjmfgWXYEYS2hTe1eyAia0sy1jinjQWRwizZt8gRGVQEiLi_iV4FhnYEvbrbwySGjuUFAM8kuU61m5IiAfL6umOlc2NntJjVhGtm

PayPal is laying off 2,500 employees The cuts will allow PayPal to “move with the speed needed to deliver for our customers and drive profitable growth,” CEO Alex Chriss said in the letter sent to employees.

https://www.businesstimes.com.sg/companies-markets/transport-logistics/singapores-ev-registrations-surge-505-5468-2023?utm_medium=social-organic&utm_source=facebook&fbclid=IwAR1J0OQgvUTFkVTYPw0yoLmmbktb-CJ9Gn0lcemEEbLLvJlGKa6H37oLFW8

Singapore’s EV registrations surge 50.5% to 5,468 in 2023 REGISTRATIONS of electric vehicles (EVs) in Singapore surged 50.5 per cent year on year in 2023, but industry watchers do not think that demand will soon stall, like what is happening in China and the West. Read more at The Business Times.

https://fortune.com/asia/2024/01/24/alibaba-billionaire-founder-jack-ma-joe-tsai-buy-shares-trading/?xid=soc_socialflow_facebook_FORTUNE&utm_campaign=fortunemagazine&utm_source=facebook.com&utm_medium=social&fbclid=IwAR1syG1GZwzWG8SNCwi2YkgStYLGY3u4kq1pMZ6x6W9qLbAB6jT9YVunZQg

Alibaba gains $13 billion in value after billionaire cofounders Jack Ma and Joe Tsai give ‘show of confidence’ by buying $200 million worth of shares Alibaba shares jumped 7% in Tuesday U.S. trading after Jack Ma and fellow cofounder Joe Tsai bought $200 million worth of shares.

https://www.channelnewsasia.com/singapore/singapore-core-inflation-rose-33-december-42-2023-mas-mti-4067326?cid=FBcna&fbclid=IwAR2MLMrL5_j0KCXSSzSzphdurziyL87L0HzVHCuB9XlNFJT763DjobVHhWU

Singapore’s core inflation rises to 3.3% in December, averaged 4.2% for 2023 Core inflation is projected to average 2.5 per cent to 3.5 per cent in 2024.

https://www.straitstimes.com/business/singapore-chip-start-up-silicon-box-turns-unicorn-hitting-us1-billion-in-valuation?utm_campaign=stfb&utm_medium=social&utm_source=facebook&fbclid=IwAR2JGG14rVitVQwbAcoD-luvoQ7T_47QQSIFMijU5P17_jKDngCBXkBGFA4

Singapore chip start-up Silicon Box turns unicorn, hitting US$1 billion in valuation The company focuses on chiplet technology, which combines multiple smaller chips within a single package. Read more at straitstimes.com.