fixed deposits

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

Founder says that platform has consistently maintained interest rates better than other alternatives, which is a reason behind its expansion

Purchasing a Singapore-listed stock at an entry annual dividend yield of 5% can provide recurrent income that possibly grows over time. However, dividends paid by listed groups might fluctuate. 
SENSE & CENTS

Earning 3% from Singapore T-bills may not last or be enough 

It may be wise to embrace risk and raise capital allocation to high-quality equities and bonds

A cash return threshold of 5% is less difficult to beat today. Most bond yields or income assets already offer yields higher than cash.

Why it is worth your while to look beyond cash

THE first month of a new calendar year is often a time when many of us plan our investments for the coming year. One topic that always enters the conversation these days is what to do with cash deposi...

Maybank Singapore is promising an FD rate of 2.9 per cent per annum for a minimum placement of S$20,000 in OA funds for 12 months.

Maybank becomes first foreign bank to offer fixed deposits for CPF funds

MAYBANK Singapore has become the first foreign bank to offer fixed deposits for funds from the Ordinary Account (OA) of the Central Provident Fund (CPF).

Government securities issued by Singapore and the US are suitable for individuals with lower risk tolerance.
INVESTING GLOBALLY & PROFITABLY

Choose wisely when it comes to the many options for your excess cash

Interest rates are likely to remain higher for longer, which makes it imperative for individuals to manage their cash wisely

A high non-performing loan ratio is one indicator of a stressed banking system.
BT EXPLAINS

Three indicators to identify stress in the banking system, and what they show now

THE banking sector has been grappling with slowing loan growth, rising interest rates and greater macroeconomic uncertainty.

US 10-year Treasuries currently yield more than 4.6 per cent. Yields of investment-grade corporates are at around 6 per cent, and high-yield bonds at nearly 9 per cent.
MIND THE GAP

Good time to lock in high-quality bond yields

It’s time to take stock of opportunities and pick assets where you are well-compensated for the risk. Investment-grade bonds are worth a look

UOB expects one more 25 basis point hike during the Fed’s November meeting, with rates likely to remain at this “terminal” level until the end of the first half of 2024.
CIO CORNER

Higher for longer, but not forever

There are advantages in incorporating bonds into a portfolio. Investors should focus on high-quality companies in equity and debt markets

MAS says the move is not in response to stresses faced by some foreign banks this year.

MAS proposes to raise deposit insurance cap to S$100,000

THE Monetary Authority of Singapore (MAS) is proposing that the deposit insurance (DI) coverage per depositor be raised to S$100,000 from S$75,000.

DBS’ total deposits climbed 31 per cent to S$529 billion between December 2019 and March 2023, surpassing the 16 per cent rise in total loans to S$417 billion.

Singapore banks are so flush with deposits that DBS is loaning MAS S$30 billion

SingaporE banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The city-state’s central bank is one avenue.