Tag: finance

Netizens rally behind SDP’s call for PAP not to increase GST

Netizens have rallied behind the Singapore Democratic Party's recent call for the Government not to raise the Goods and Services Tax (GST). On Wednesday (Feb 12), the Singapore Democratic Party published a statement on why it remains adamant in its stand against the GST hike....

SDP calls on Govt not to increase GST to 9% because of COVID-19 outbreak

The Singapore Democratic Party, in a statement on its website on Wednesday (Feb 12), has called on the Government not to increase the Goods and Services Tax (GST). The GST, which was introduced in 1994, has risen through the years. Beginning at 3 per cent,...

Taiwanese celebrity Ming Dao forced to postpone military duty due to family’s financial woes

Popular Taiwanese actor, singer and model, Ming Dao has delayed reporting for military duty in the past. The reason for this is because he was taking time off to settle his family's financial problems. It was revealed that Ming had tried to alleviate his family's...

Understanding the Fintech revolution

“Fintech is a term used to describe financial technology, an industry encompassing any kind of technology in financial services - from businesses to consumers. Fintech describes any company that provides financial services through software or other technology, and includes anything from mobile payment apps...

FINTECH and the future of financial stability

The current world economy is heading into a possible recession given the uncertainty of the United States-China trade dispute, Brexit, volatile Middle East region and global oil prices fluctuations. While on the other hand, the financial industry is blooming with digitalization and high-tech innovation to create...

Eurozone agree details of tiny eurozone budget

European finance ministers agreed Thursday on the basic terms of a tiny eurozone budget that has been scaled back from the ambitious goal of French President Emmanuel Macron. "We have a new pillar in the foundation supporting the euro," Eurogroup head Mario Centeno told reporters...

Credit Swiss says Malaysia still taking stock of inherited ‘bad hand’

In a swipe over old Malaysia and comments on Malaysia Baru, S.J.W. Hagger, head of equities for Credit Suisse in Malaysia says Finance Minister Lim Guan Eng has done an excellent, though unpopular job in taking stock of inheriting a very ‘bad hand’. The report...