• How The Depreciation Of The Ringgit Will Affect Singapore

    How The Depreciation Of The Ringgit Will Affect Singapore

    Our closest neighbor Malaysia has seen her currency, the Ringgit (RM), depreciate to a 17-year low of 2.72 against the Singapore Dollar (SGD). In the world we live in today, the foreign exchange (forex) market affects us in ways it didn’t used to. Here are some ways that people living in Singapore will b...

  • Possible ways SMRT could fund its S$34.5million investment in OMGTel

    Possible ways SMRT could fund its S$34.5million investment in OMGTel

    Having written about SMRT’s possible investment in OMGTel, DollarsAndSense.sg now looks at some of the possible ways the Group will be able to fund the investment. Facts related to the investment from SMRT Corporation Ltd (SMRT): OMGTel is owned by CONSISTEL SMRT may invest only if OMGTel wins the ...

  • The possible impacts of a fourth telco in Singapore

    The possible impacts of a fourth telco in Singapore

    Both MyRepublic and OMGTel have made it clear that they are intending to push to be the fourth Telco in Singapore, competing alongside the “big boys”, Singtel, Starhub and M1. On the surface, OMGTel appears to have the better credentials with backing from both CONSISTEL, as its parent, and potentially SMR...

  • A Simple Guide To MAS' CompareFIRST Insurance Portal

    A Simple Guide To MAS' CompareFIRST Insurance Portal

    For those of you who don’t already know, MAS recently launched a new web portal called CompareFIRST. The website allows consumers to compare life insurance products of different companies, thus improving the transparency of the insurance industry significantly. On the same day, Direct Purchase Insurance ...

  • How The Rising Sibor Rates Should or Should Not Affect Your Home Loan Decisions

    How The Rising Sibor Rates Should or Should Not Affect Your Home Loan Decisions

    DollarsAndSense tackles the diificult question that has been on the minds of many people over the past month. How rising SIBOR rates will affect homeowners, and why you may not want to rush to do any refinancing just yet. What is SIBOR? The Singapore Interbank Bid-Offer Rate, better known as SIBOR, are ...

How The Depreciation Of The Ringgit Will Affect Singapore

How The Depreciation Of The Ringgit Will Affect Singapore

Our closest neighbor Malaysia has seen her currency, the Ringgit (RM), depreciate to a 17-year low of 2.72 against the Singapore Dollar (SGD). In the world we live in today, the foreign exchange (forex) market affects us in ways it didn’t used to. Here are some ways that people living in Singapore will benefit from the depreciating Ringgit.   Cheaper Travelling Cost When Having A Holiday In Malaysia...

25 Apr 10:00 AM 27 Read Moore...
Possible ways SMRT could fund its S$34.5million investment in OMGTel

Possible ways SMRT could fund its S$34.5million investment in OMGTel

Having written about SMRT’s possible investment in OMGTel, DollarsAndSense.sg now looks at some of the possible ways the Group will be able to fund the investment. Facts related to the investment from SMRT Corporation Ltd (SMRT): OMGTel is owned by CONSISTEL SMRT may invest only if OMGTel wins the fourth Telco license The investment amount is capped at S$34.5million   Using cash and cash equiv...

22 Apr 7:06 AM 11 Read Moore...
The possible impacts of a fourth telco in Singapore

The possible impacts of a fourth telco in Singapore

Both MyRepublic and OMGTel have made it clear that they are intending to push to be the fourth Telco in Singapore, competing alongside the “big boys”, Singtel, Starhub and M1. On the surface, OMGTel appears to have the better credentials with backing from both CONSISTEL, as its parent, and potentially SMRT. Dollarsandsense.sg takes a look at some of the possible advantages and disadvantages of having a fourth tel...

20 Apr 6:55 AM 21 Read Moore...
A Simple Guide To MAS' CompareFIRST Insurance Portal

A Simple Guide To MAS' CompareFIRST Insurance Portal

For those of you who don’t already know, MAS recently launched a new web portal called CompareFIRST. The website allows consumers to compare life insurance products of different companies, thus improving the transparency of the insurance industry significantly. On the same day, Direct Purchase Insurance (DPI) can be purchased directly from customer service counters, or websites of life insurance companies. The r...

18 Apr 11:00 AM 15 Read Moore...
How The Rising Sibor Rates Should or Should Not Affect Your Home Loan Decisions

How The Rising Sibor Rates Should or Should Not Affect Your Home Loan Decisions

DollarsAndSense tackles the diificult question that has been on the minds of many people over the past month. How rising SIBOR rates will affect homeowners, and why you may not want to rush to do any refinancing just yet. What is SIBOR? The Singapore Interbank Bid-Offer Rate, better known as SIBOR, are the rates at which banks lend unsecured funds to other banks in Singapore. Many home loan mortgages are pegged...

15 Apr 7:00 AM 39 Read Moore...