4 CDL-Linked Companies That Are Traded On SGX

Earlier this week, news broke of an internal dispute within City Developments Limited (CDL) (SGX: C09), with Executive Chairman Kwek Leng Beng accusing his son, Sherman Kwek, of an “attempted boardroom coup” to consolidate control over CDL’s board. This development has drawn attention to one of Singapore’s wealthiest families. According to Forbes, Kwek Leng Beng […]

How Much Does The Average Singaporean Household Spend Each Month On Groceries?

Over time, inflation and changes in our lifestyles mean that we will end up spending more – which increase our household expenses. According to the latest Household Expenditure Survey 2023, the average household spent $5,931 in 2023 – an increase of 2.8% per annum compared to five years ago in 2017/18. This increase has accelerated […]

Complete Guide To Understanding CareShield Life

Since 1 October 2020, all Singaporeans who turn 30 are automatically enrolled into CareShield Life – our national long-term care insurance scheme, administered by the Government. In effect, CareShield Life replaced the ElderShield scheme. When CareShield Life was initially introduced, those who were between 30 and 40 years old (born between 1980 to 1990) were […]

Guide To Johor Premium Outlets: Brands To Shop, And How Much Can You Save 

Source: Johor Premium Outlets Due to a short distance and favourable exchange rate, some residents in Singapore would often cross the border to Johor to shop around for groceries or other items.   One of the popular destinations to shop in Johor is the Johor Premium Outlets (JPO), an outlet mall that offers an eclectic mix […]