Singapore 

5 smart tricks Singaporeans use to save money when travelling, Lifestyle, Travel, Singapore News

Every so often, you’ll find a friend announcing their holiday on Instagram, turning us green with envy as we watch their feed fill up with photos and videos of their trip. A recent survey by Picodi has revealed the travelling habits of Singaporeans, including that 38 per cent of Singaporeans go on holiday twice a year.  To delve deeper on how they afford it, here are some of the most popular ways they use to save money when travelling. 1. BUYING TICKETS IN ADVANCE In the survey, 68 per cent of Singaporeans state that they buy tickets in…

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New class of active managed ETFs debuts in Hong Kong, as CICC rolls out US money market fund

Asset managers have started selling active exchange-traded funds (ETFs) in Hong Kong, led by the asset management unit of China International Capital Corporation (CICC), which debuted on Tuesday a US$120 million money market fund listed on the city’s stock exchange.Unlike a traditional passive ETF, which replicates the performance of the index, an actively managed ETF allows the fund manager discretion to pick and choose a portfolio of securities.These ETFs can be bought and sold just like… Source link

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Singapore 

ERP 2.0 will use satellites to suck money out of your CashCard by the kilometre, Digital, Singapore News

Another year, another new acronym: get ready for a new ERP system that will require replacing in-vehicle units (IUs) with on-board units (OBUs). Starting in 2020, the LTA has finally announced that we’ll be blessed with free replacement OBUs at inspection centres and selected vehicle workshops. Trials began in March 2018 and will continue through the year. A screenshot of the prototype system posted to MyCarForum Not only will the new system run on satellites, but the island-wide gantry system that we know and love will eventually be taken down.…

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As the extradition row erodes confidence in Hong Kong, Singapore is looking attractive to businesspeople who are quietly moving their money out

I am just coming up to 50 years in Hong Kong. I saw through 1997, and there’s a pretty good probability that I will see through 2047. That makes me a very connected observer of my city. Last Sunday, a million people surged onto the pavements like the floods of a June rainstorm. In 1997, there was an air of hope and confidence in the special administrative region, thanks to the Basic Law. It allowed Hong Kong to have many years of relatively independent development, interspersed with some… Source link

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Singapore 

7 online shopping hacks that all Singaporeans should use to save money , Lifestyle, Singapore News

They then change the prices based on what they think you would be willing to pay for it. One way to prevent online merchants from knowing too much about you is to shop using your browser’s incognito mode. Your online shopping history will never be saved and used against you. # 2 BE PATIENT Online shops routinely use time-sensitive sales, limited quantity warnings, and other methods to prey on our fear-of-missing-out. Shopping at the last minute on occasions like Mothers’ Day, or Christmas might not give you the best deals.…

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Singapore 

Why treating yourself can save money when you’re expecting a child, Lifestyle, Singapore News

If you’re expecting a child, chances are your expenses are already high. From doctor visits to preparing for your newborn child, you might feel pressured to cut your spending elsewhere. Surprisingly, this can actually be an expensive choice in the long run. By relaxing your budget and treating yourself, you may actually be able to save in the long run. GETTING STRESSED OUT CAN BE PHYSICALLY & FISCALLY COSTLY Pregnancy is a time of substantial hormonal change. Cortisol-commonly known as the “stress hormone”-increases significantly and can endanger the health of…

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Singapore 

Nursing home medical social worker misappropriated over $47k of residents’ money, Singapore News

SINGAPORE – A medical social worker entrusted with the ATM cards of two elderly residents in a nursing home misappropriated more than $47,000 from their bank accounts. Joney Song Siang Siang, 38, pleaded guilty on Friday (May 31) to two counts of criminal breach of trust. Mr Ho Park Tong, 77 and Mr Han Lee Fong, 80, were under her care at the Grace Lodge nursing home in Compassvale Walk when she persuaded them to activate their ATM cards. Song accompanied the pair during the activation process and noted down…

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Vietnam 

Resolution to guide money laundering enforcement announced – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Nguyễn Hoà Bình, Secretary of the Party Central Committee and Chief Justice of the Việt Nam Supreme People’s Court, speaks about the new resolution. Photo cafe.vn HÀ NỘI — A new resolution has been published to ensure uniform implementation of the regulations against money laundering. The Supreme People’s Court and the State Bank yesterday held a joint seminar in Hà Nội to announce the Resolution (No 03/2019/NQ-HDTP, dated May 24, 2019) to guide the implementation of the 2015 Penal Code’s Article 324 on money laundering. The resolution will come into…

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Vietnam 

Mobile money service to promote non-cash payments – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Mobile money service will help transform telecom networks by creating a foundation for data, computing, digital content, and internet of things (IoT). — Photo vietnamplus.vn HÀ NỘI — Mobile money services promote non-cash payments and help the poor living in mountainous and remote areas access services on the internet, Minister of Information and Communications Nguyễn Mạnh Hùng said at a two-day conference on financial inclusion held in Hà Nội on Thursday. The service allows users to transfer and receive money as well as make payments through mobile accounts for services such as health, education, finance, jobs and…

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Singapore 

Lawyer uncontactable after $33 million payout of client’s money, Singapore News

A missing sum of around $33 million belonging to Allied Technologies and held by law firm JLC Advisors in an escrow account is believed to have been paid out on the instructions of its managing partner Jeffrey Ong Su Aun, who has been uncontactable for days. In a statement filed last night with the Singapore Stock Exchange, Catalist-listed Allied Technologies said it received a letter from JLC Advisors on Wednesday saying the funds of $33.4 million were purportedly paid out. The law firm also said it has reasons to believe…

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