Investment Faults and How to Deal With Them (June 2017) Because we are learning, and learning is a continuous process, it is always very common to make mistakes. However, use of common sense separates a competent investor from the one who is just doing it shoddily. Almost every investor has messed somewhere. Obviously, flawlessness is … Read more
Starting a Business The title of the post may not go down well with many, but remember that the rules of the game have altered significantly. Now, a start-up is no longer based solely on how much you intend to spend. Today, your financial position doesn’t determine the success of your business. Times have changed, … Read more
Truths for Investors Investment is hard because so much of what is essential is difficult for an investor to grasp and understand. There are several truthful ideas concerning investments, which are hard to believe, and most investors tend to shy away from. Here are some of the truths. First, most investors don’t appreciate the fact … Read more
Dynamic Taxi Pricing Taxi companies in Singapore are looking forward to restructure their fares by introducing dynamic surge pricing. Premier and Trans-Cab have recently announce that they will be opting for a dynamic pricing model. This means that they will apply it on their taxis on all trips book with them. These companies are following … Read more
The authorities in Singapore have taken a unique measure to protect the environment with its latest budget. An environment-friendly budget that rightly takes the impact of global warming into account is what makes the proposals so unique. The government has introduced a new carbon tax along with a diesel duty that will help in curtailing … Read more
If you are a season investor you may know the importance of Singapore as a trading hub. The city state is best known for its financial sector and growth opportunities. Due to the tremendously favorable and business friendly environment. It has drawn around 3000 companies from China and India alone. In addition, multinational corporations reaching … Read more
A misstatement in the financial information can cause havoc, particularly for the ones involved in the preparation phase. The auditor also has to dig down deep to look for possibilities of misstatements in any of the five statements that form part of a set of financial statements. These five statements are; Statement of comprehensive income, … Read more
Tips on How to Make Rational Financial Decisions The answer to this question cannot always be generalise. The truth is, you are a unique human being. Your decision making process is not necessarily going to align with someone else’s process. Their success is not your authority! There is a way for you to make important … Read more
A former compliance officer at United Overseas Bank (UOB) was sentenced to 12 weeks’ jail. This was for giving customers’ details to an unlicensed moneylender. Koh Chee Tong, 30, faced four charges under the Computer Misuse and Cybersecurity Act. He previously pleaded guilty at his trial on Nov 25 last year. In November, the court found that Koh … Read more
He is a security guard in Singapore who earns $1,600 a month. He is also a step-father to a pair of children, to whom half of his income goes to for monthly tuition fees. A cash flow problem was all it took for his debts to snowball, leading to him losing 11kg due to stress and … Read more