MAS Launches S$125 Million Package for Financial Institutions and FinTech Firms to Strengthen Long-Term Capabilities The Monetary Authority of Singapore (MAS) on April 8 announced a S$125 million support package to sustain and strengthen capabilities in the financial services and FinTech sectors amid the current economic slump. The support package will help to position financial [&hellipThe post FinTech firms and Financial Institutions strengthened with $125m package appeared first on iCompareLoan Resources.
Singapore has entered a lockdown in everything but name, and people are buying up supplies to tide them through this period. It’s...
DBS further boosts its cash flow support for SMEs, upsizes collateral-free digital business loan to SGD 200,000 - Quadrupling of original loan quantum will provide SMEs access to substantial working capital and cash flow support to weather economic storm DBS on April 7 announced that it will further bolster its liquidity relief support for SMEs impacted by [&hellipThe post Cash flow support for SMEs boosted as DBS upsizes digital business loan appeared first on iCompareLoan Resources.
DBS partners Haier, a leading Chinese electronics manufacturer, to provide digital financing to its distributors within 24 hours Financing facility leverages DBS’ APIs to provide distributors same-day financing via Haier’s digital supply chain platform DBS partners Haier partly for regional efforts to provide relief financing plans to buoy businesses amid Covid-19 crisis To support the [&hellipThe post DBS partners Haier to provide digital financing to its distributors within 24 hours appeared first on iCompareLoan Resources.
As Covid-19 compels investors, investment volume will be supported by public and bite-sized deals Preliminary real estate investment volume in Singapore for the first quarter this year amounted to S$2.47 billion, a 36.1% drop from the previous quarter. This marks the second consecutive quarter of decline in real estate investment volume. The quarterly decline was [&hellipThe post Covid-19 compels investors to stay on the sidelines appeared first on iCompareLoan Resources.
COVID-19 may leave a long-lasting impact on the economy and many are left scratching their heads on how to get out of the unemployment line. All right, so this is it. With the government mandated shutdowns, circuit breaker measures and the Solidarity Budget, we are […]The post 6 Crucial Things You Need to Do During Job Loss and Near-Unemployment appeared first on SingSaver Blog - We Compare, You Save.
The realities of the COVID-19 outbreak hit home this week as Changi Airport announced its decision to suspend all operations at Terminal 2 for 18 months, starting from 1 May 2020. The suspension will allow for the consolidation of operations at other terminals, resulting in […]The post Changi Terminal 2 Closure: What Can Travellers Expect? appeared first on SingSaver Blog - We Compare, You Save.
Here's everything you need to know about debt consolidation plans in Singapore and how it can help you pay off multiple unsecured debts. It’s tough keeping up with overdue payments on a single credit card, but it gets even worse when you’ve fallen deeply in debt […]The post What is a Debt Consolidation Plan and How Does it Work in Singapore? appeared first on SingSaver Blog - We Compare, You Save.
While it’s not ideal to leave unpaid balances on your credit card, here are some simple steps to help you minimise debt caused by accrued credit card interest. Whether it’s because of a period of financial difficulty or due to a huge emergency expense, missing […]The post What Should You Do If You Can’t Pay Your Credit Card Bill? appeared first on SingSaver Blog - We Compare, You Save.
By now, you should be pretty dang shaken by the social and economic impacts of the COVID-19 pandemic. If not, then you and your circle are very privileged. Many Singaporeans are struggling to make ends meet: businesses are in the red, while workers are suffering pay cuts and losing their jobs.
In case you haven't got the memo, the world is in recession. Last month, the U.S. Federal Reserve slashed their rates to almost zero in a desperate bid to shore up their crashing economy.
A lot of things are uncertain right now, but your insurance coverage shouldn't be. Learn about when you'll be covered for COVID-19 and what...
As more Singaporeans flock back home from overseas countries, the number of COVID-19 cases in Singapore continue to rise. What happens if you really do get tested positive for COVID-19? Here’s a look at what the government and insurance companies are covering. Feel free to […]The post If I Get COVID-19, What Will I Need To Pay? appeared first on SingSaver Blog - We Compare, You Save.
Finance operational cashflow needs can be overcome with SME Working Capital Loan. By: Hitesh Khan/ MAXIMUM LOAN QUANTUM S$1 million / borrower Note: Overall loan exposure limit of S$50 million per borrower group across all areas. MAXIMUM REPAYMENT PERIOD 5 years RISK-SHARE The borrower is responsible to repay 100% of the loan amount. When defaults occur, the [&hellipThe post Finance operational cashflow needs with SME Working Capital Loan appeared first on iCompareLoan Resources.
Q1 2020 private residential property prices fell giving back almost half of the 2.7% gain recorded in the full year 2019 Private residential property prices in Singapore fell in Q1 2020, after rising for three straight quarters, due to the coronavirus impact on the economy. Flash estimates from the Urban Redevelopment Authority (URA) on Wednesday (1 [&hellipThe post Q1 2020 private residential property prices fell shows URA data appeared first on iCompareLoan Resources.
Opportunities for occupiers resulting from changes of conditions in the Singapore office property market Impact of COVID-19 outbreak not apparent in Singapore office property market as CBD Grade A monthly rents stayed flat QOQ in Q1 2020 at S$10.09 per square foot Technology, Media and Telecommunications and Flexible Workspace sectors continued to drive space demand [&hellipThe post Singapore office property market presents opportunities for occupiers appeared first on iCompareLoan Resources.
Your domestic helper also needs protection as she holds down the fort at home. Here are the top maid insurance promos and discounts in Singapore. If you are planning to hire a foreign domestic helper in Singapore, understand that it is compulsory for you to […]The post Best Maid Insurance Promotions and Discounts appeared first on SingSaver Blog - We Compare, You Save.
Not everything is closed (phew!), but the advisory is to go out only if you really need something and remember to wear a mask and practice social distancing while you’re out. Yes, you read that right, shops are still open and you will still be […]The post 8 Essential Shops Open During COVID-19 Circuit Breaker (7 April-4 May 2020) appeared first on SingSaver Blog - We Compare, You Save.
The economy around the world has seen unprecedented volatility with the spread of COVID-19. As fear and uncertainty continue to bash the financial market, we look at the reasons why cash is king. The global pandemic that is COVID-19 continues to spread across the world […]The post 3 Reasons Why Cash is King in Uncertain Times Like COVID-19 appeared first on SingSaver Blog - We Compare, You Save.
Different banks have different names for it but the personal instalment loan is one of the most common loans you can find on the market. The principle is the same: you borrow a specific sum, pay a one-time processing fee (which is sometimes waived) and […]The post Best Personal Loan Promotions In Singapore 2020 appeared first on SingSaver Blog - We Compare, You Save.