Risks are part of our daily lives. We risk waking up late for work, we risk contracting a virus when we’re out and about, we risk losing our jobs in a market downturn, we risk our marriage failing, we risk our children going astray, we risk losing our money in poor investments, we risk running […]
As an NTUC Social Enterprise, MoneyOwl has inherited a legacy of doing social good and caring for the community. We care about helping ordinary Singaporeans manage their money well so that they can reach their life goals. In light of Covid-19 and the recession, our social mission is even more important now. MoneyOwl has thus […]
The Singapore financial market is keenly awaiting Monday’s Monetary Policy Statement (MPS) by the MAS. This statement will include guidance on where the value of SGD will be for about six months. Note that this scheduled release is advanced, possibly by a few weeks as this semi-annual MPS is always in April and October. USDSGD, […]
The Resilience Budget will dedicate $48 billion to help Singaporeans deal with the impact of COVID-19 with a focus on saving jobs, protecting workers and supporting households. If you had missed DPM and Finance Minister’s Heng Swee Keat’s Ministerial Statement earlier this afternoon, here’s a summary of the cash payouts that you can potentially receive. […]
To say that the stock markets have been volatile against the evolving global COVID-19 situation is an understatement. As of that is not enough, the failure of OPEC talks over the weekend of 7-8 March and subsequent oil price drops have added fuel to fire (pun intended). Moves of more than 4% in the S&P500 […]
The COVID-19 situation has riled people and businesses, and it seems that yesterday, global stock markets finally showed its fears, with the growing spread of the virus across countries, increased deaths and large clusters in Europe, and fears in the US. The US indices fell more than 3%, the Dow Jones was down more than […]
