• Life insurers boast robust business growth in 2015

    Premium sales jumped 4% to $2 billion. The Life Insurance Association Singapore (LIA Singapore) today announced industry results for the period January to December 2015 (YTD 4Q2015). Singapore’s life insurance ...

  • Chart of the Day: Car insurance premiums set to jump in 2016

    Insurers have great pricing power. The low car ownership rate in Singapore will not deter motor vehicle insurers from hiking premiums this year, according to a report by BMI Research. BMI expects motor vehicle insurance premiums to rise by 5.2% this year, bringing the segment’s total value to a whopping $1.3 billion in …

  • Here's the bright spot in Singapore's flagging jobs growth

    There's no denying that jobs are getting harder to find in the city-state, but some upsides remain in Singapore’s employment market. According to analysts from OCBC, while the moderation in job growth has swept all sectors, including manufacturing suffering its 5th straight quarter of job losses and marking the worst annual …

  • Here’s why Keppel REIT isn’t fazed by declining banking and finance demand

    Technology tenants are in town. The real estate investment trust likely won’t flinch as banking, insurance, and financial sector tenants decline this quarter, as it has recently found new tenant darlings. According to analysts from UOB Kay Hian, the REIT is actually buttressed by a surge in demand from the telecommunications, …

  • Prime office rents drop for the first time in three years as supply glut jitters strike

    The good times are over for prime office landlords in Singapore. A report by DTZ revealed that average monthly gross office rents in the Central Business District dropped by 5.1% in 2015, the first yearly drop since 2012. Office rents in the CBD peaked at $10.85 per sq ft per month in the first quarter of the year, buoyed …

  • Chart of the day: Banks are bearish on business prospects in Singapore

    Financial institutions are pessimistic about their growth outlook in coming months, according to a report by Maybank Kim Eng. This chart shows that business and employment expectations dropped steeply in the fourth quarter of 2015, after markets were rocked by intensifying jitters of a global growth slowdown. "While hiring …

  • This is what SMEs really want for Budget 2016

    Small and medium enterprises want increased government support and easier access to funding in Budget 2016, according to the pre-2016 Budget Survey by the Singapore Chinese Chamber of Commerce & Industry. Meanwhile, 71.1% of respondents want the government to adjust foreign worker policies according to the needs of industry …

  • DBS, Manulife officially launch US$1.2b bancassurance partnership

    DBS and Canadian insurer Manulife have officially launched a US$1.2b bancassurance partnership that was first unveiled nine months ago. Under the deal, Manulife will distribute its products in DBS branches across Singapore, Hong Kong, China and Indonesia. The move will strengthens DBS’ regional life insurance distribution …

  • Avoid Giving These 4 Gifts for Christmas Unless You Want to Make Your Recipient Poorer

    My idea of a great Christmas gift is anything that lets me spend less in the coming year. This means gifts of toilet paper, supermarket vouchers and offers to foot my medical insurance bill are all welcome, ...

  • Singapore SMEs unprepared against major business risks: survey

    1 in 7 does not have business insurance at all. Singapore SMEs are underinsured against major business risks, according to a report by global insurer QBE. Majority of SMEs reportedly believe that insurance is a “commodity” product, where a basic level of cover is perceived to be sufficient.

  • OCBC’s wealth management business sizzles as loan growth fizzles out

    OCBC’s wealth management business will pick up some of the slack left by slowing loan growth, according to a report by DBS. DBS said that OCBC’s strong non-interest income franchise will drive the group’s earnings in 2016, particularly from its private banking activities and from its insurance arm, Great Eastern Holdings. …

  • 5 Retirement Expenses Singaporeans Will Definitely Regret Not Planning For

    Your only healthcare costs at the moment might be MCs those mornings you can’t wake up for work, but unless you’ve been blessed with good genes and are taking care of your health now, you can expect your healthcare costs to go up significantly when you’re older. Add to that the fact that the Singapore healthcare system …

  • Ever Wondered How Insurance Agents in Singapore Make Money from Your Policies?

    It seems so easy to be an insurance agent in Singapore. In fact, the phrase “insurance agent” has become such a stigma that they’re now calling themselves the more politically correct terms like “financial advisors”, “life planners” or “life consultants”. A good insurance agent should sell you the best policy that is …

  • How to Manage Your Finances While Taking Care of Your Aged Parents in Singapore

    If you were born Singaporean and can’t afford to take care of your parents, you’re going to get more than a smack on the butt. According to a recent report, a whopping 86% of aged Singaporeans declared that they could rely on their adult children for financial support. If your parents are still in good health, breathe …

  • Two out of five young drivers drive while on the phone: survey

    Two out of five Singapore road users aged 18 to 29 use mobile devices while driving even though 85% of survey respondents perceive that doing so is dangerous, according to AXA Insurance Singapore’s 2015 Road User Behaviour Survey. Of the 526 motorists surveyed, the 37% that admitted to using mobile devices reportedly do …

  • Visiting Rome, Cologne and London in a Single Trip? Here Are 5 Ways to Choose the Best Travel Insurance

    Take travel insurance for example, you shouldn’t be expected to pay the same amount regardless if you’re going on a weekend trip to Bali or a safari tour in South Africa. How much should you be paying for your travel insurance, and which is the best travel insurance for you? Regardless of how many countries you visit, …

  • Not so fast: Singapore’s services sector isn’t as indestructible as it seems, say analysts

    As Singapore averted yet another technical recession with an overachieving GDP growth of 1.9%, mainly due to an equally expectation-surpassing services growth, it’s easy to see the sector as the be all and end all solution for Singapore’s economic woes. According to analysts from OCBC, key services industries has shown …

  • Daily Briefing: SGX opens dark pool for bonds; Looking for digital health startups in Singapore

    Singapore Exchange Ltd. will open a dark pool for bonds as the 42-year-old bourse prepares to enter the institutional fixed-income trading business for the first time next year. The venue will form part of SGX’s Bond Pro platform scheduled for the first quarter of 2016, Tsai Li Renn, the bourse’s head of fixed income, …

  • Worried About Flight Delays and Lost Baggage? Here’s the Best Travel Insurance to Get Under $50

    Of course you did, you wouldn’t be reading this article if you were one of those people who actually go overseas without travel insurance. What is the most common travel insurance claim? In fact, flight delays are what most travellers experience, and it’s not surprising, especially when you consider the preference for …

  • Here’s Why You Still Need to Buy Insurance Instead of Just Relying on MediShield Life

    Ever since MediShield Life took effect on November 1st, every Singaporean Citizen and PR (whether you even live in the country or not) is now covered by it. If the words “MediShield Life” have crossed your Facebook news feed so often this week that your brain is now registering it as spam, feel free to skip this section. …

More »
 

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3941+0.0053+0.38%
    USDSGD=X
    1.5747+0.0033+0.21%
    EURSGD=X
    2.0276+0.0161+0.80%
    GBPSGD=X
    80.6840-0.3961-0.49%
    SGDJPY=X
    5.5884-0.0219-0.39%
    SGDHKD=X
    2.9840+0.0043+0.15%
    SGDMYR=X
    9,680.0459-48.1377-0.49%
    SGDIDR=X
    4.7140-0.0207-0.44%
    SGDCNY=X
    0.98970.000.00%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,237.90-9.90-0.79%
    GCJ16.CMX
    15.69-0.10-0.63%
    SIH16.CMX
    58.76+3.36+6.06%
    ^XAU
    2.03+0.02+0.92%
    HGH16.CMX
    27.41+1.20+4.58%
    CLH16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.11-0.04
    ^FVX
    1.64-0.06
    ^TNX
    2.50-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.3050.0000.00%
    N21.SI
    1.595-0.015-0.93%
    MC0.SI
    3.58+0.04+1.13%
    Z74.SI
    0.360.000.00%
    E5H.SI
    2.82-0.03-1.05%
    C31.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.151+0.021+16.15%
    5PL.SI
    54.640.000.00%
    NF6.SI
    0.32+0.03+12.28%
    I06.SI
    0.147+0.014+10.53%
    5WJ.SI
    31.820.000.00%
    NF4.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.084-0.060-41.67%
    5PI.SI
    0.225-0.055-19.64%
    5SY.SI
    0.101-0.017-14.41%
    AZZ.SI
    0.51-0.06-9.73%
    BMH.SI
    0.80-0.08-9.09%
    S85.SI