Cash

More cash, not less digital – expanded cash access does not signal retreat from Singapore’s payments push

DBS currently has more than 1,000 ATMs, while UOB and OCBC have around 1,000 ATMs islandwide under their shared ATM network.

DBS, OCBC, UOB, Nets to expand ATM, cash access network after years of rationalisation

With US dollar cash rates now closer to the mid-3% range, its relative appeal has diminished compared to recent years.

The end of easy cash returns forces a rethink of fixed income

Don't scoff at earning at least 2.5% per annum on CPF savings in an unpredictable world.
SENSE & CENTS

Think hard about embracing the new CPF life-cycle investment scheme 

The BOE has said that it is shifting away from depicting historical figures on its banknotes to showing British wildlife.

An unexpected benefit of UK banknote innovation: Britons eat less cash

Big cash holdings feel good, but they hurt overall returns, the writer argues.
COMMENTARY

The insidious risk in holding on to cash

Despite heightened uncertainty and rising living costs, nearly two-thirds of affluent investors in Singapore remain confident about achieving their long-term financial goals.

US$1.39 million: That’s the sum Singapore affluents say they need to retire comfortably

Syfe estimates that SMEs are losing S$800 million in potential interest from funds being left in low-yield bank accounts.

For SMEs, Syfe thinks boring and safe products are the way to go

Rather than letting cash sit idle, consider treating it as part of your overall portfolio strategy.

Is cash still king?

Entrepreneur Walter de Oude believes that every Singaporean has spare cash earning next to nothing. Chocolate Finance has stepped in as a liquid alternative with higher yields.

Chocolate Finance whets Singaporeans’ appetite for higher cash yields; assets approach S$1 billion