From floating- to fixed-rate loans: Options for customers still on SOR-based property loans

Amid the current rising interest rate environment, banks in Singapore are receiving many enquiries from customers about their loan packages and how best to cope with the situation.  For customers who have yet to switch out of their SOR-based property loan packages, it is now an opportune time to relook at the options available and […]

Workers’ Party calls $1.5b package step in right direction, but won’t support GST hike

SINGAPORE – The Workers’ Party (WP) has said it will continue to argue against the coming GST increase, which it does not support at a time of heightened inflation risk. Instead, it will keep pushing for alternative ways of generating revenue, such as wealth taxes or raising the reserves contribution ceiling, the opposition party said Wednesday […]