The recent case of a Annie Ee Yu Lian, a mentally disabled woman who was tortured to death by her long-time friend, certainly caused outrage among Singaporeans. It is indeed a tragic story and should never have happened in a first world country like Singapore. It made me wonder whether in the pursuit of wealth, […]
Category: SG Wealth Builder
Against the backdrop of improving economic performance, Singapore government announced civil service bonus of 2 months, consisting of Annual Variable Component (AVC) of 1 month and Non-Pensionable Annual Allowance (NPAA) of 1 month. Lower-wage civil servants will get a minimum year-end AVC of $1,800. Together with the mid-year Annual Variable Component (AVC) of 0.5 month, […]
It seems like yesterday when I founded SG Wealth Builder. I can still remember the explosive passion and excitement when launching this wealth blog. Seven years had passed and the energy remains amazingly strong. During this period, there had been a lot of twists and turns. Nevertheless, the brand of this blog grew from strength […]
BreadTalk Group is a home-grown SGX stock which I have always admired because of its strong brand name and high-quality bakeries. When its founder, George Quek launched the first store in 2000, nobody could have predicted that he would go on to grow the BreadTalk chain store to such extent that it got listed in […]
The post BreadTalk Group to unlock value with property divestments? appeared first on SG Wealth Builder.
Singapore “Big Three” local banks recently announced third quarter 2017 results. Although all three banks suffered from collateral damage arising from loan exposure to the oil and gas sector, the latest results were generally upbeat and data revealed resilient growth for OCBC, DBS and UOB. Competition continued to be stiff among the banks but growth […]
On 6 August 2015, the Ministry of Finance took a rare step in refuting claims “the Government planning to raise the GST after the next General Elections”. Singapore government slammed online websites for spreading baseless claims that the GST would be raised from 7%. Personal finance website, Dollar And Sense, also rubbished the notion that […]
The Chinese has a saying “You come to this world with nothing, and you shall leave this world with nothing.” Death is an inevitable phase of life which everyone would have to go through. While your CPF savings certainly belong to yours, the ownership would cease upon death. This is a fundamental universal truth. However, […]
In what is believed to be the world largest IPO ever, Saudi Arabia oil company Aramco is seeking to list 5 percent of the company, which is valued at USD2 trillion, in both domestic and international stock markets. The move is part of the plan by the Saudi kingdom to diversify its economy and reduce […]
Embattled Noble Group firmly had investors on tenterhooks as media reports emerged of DBS bank cutting lending facility and the resignation of co-CEO. The double blows sent share price plunging to $0.198, below the $0.20 critical support level. Considering the fact that there was a 10 into 1 share consolidation done in May 2017, the […]
Have prices of private properties bottomed out and is it the right time to buy private property now? If so, should you buy freehold or leasehold properties? To answer these questions, it depends on whether you are an upgrader or investor. Recently, I received the following email from a follower and decided to share some […]
The post Should HDB owners upgrade to private property now? appeared first on SG Wealth Builder.