T-shaped talent, or Polymaths, was first introduced by McKinsey & Company in the 1980s. It was used internally by upper management who were reviewing the kind of employees they should hire and the kind of consultants they wanted to partner with. T-shaped people are described as those who have a …
3 ways the RCEP boosts ASEAN Fintech
On 15 November, Singapore announced the signing of the Regional Comprehensive Economic Partnership (RCEP) at the 37th ASEAN Summit, making a commitment to facilitate regional trade flows alongside the ASEAN 10 member states as well as China, Australia, New Zealand, South Korea, and Japan. The RCEP is the world’s largest …
Weathering the COVID-19 Storm with Fintech!
As the tail end of 2020 approaches, it becomes clear that the COVID-19 pandemic and ensuing economic crisis are far from over. On 28 October 2020, The Monetary Authority of Singapore (The “MAS”) published the latest Macroeconomic Review where they maintained the prediction that the Singapore economy will face a …
Top Financial Blogs in Singapore
Top Financial Blogs in Singapore If you like to keep up with the latest financial trends or like to read tips and tricks on how to stay on top of your financial plans, it will be absolutely essential for you to check out these financial blogs in Singapore! They provide …
How Much Savings Should I Have At 35 In Singapore?
A common question asked among many Singaporeans is, “How much savings should I have by xx years old?” Mostly, Singaporeans just ask this because they want to know if they’re above or below the median. But the answer is not so straightforward, and varies among individuals in Singapore depending on personal …
A Singaporean’s Guide to P2P investments with Funding Societies
What is P2P investment? P2P investments or more commonly known as Peer-to-Peer (P2P) lending is a type of debt-based crowdfunding enabled by digital platforms that connect borrowers with investors without going through a traditional financial intermediary such as a bank. This concept will see investors lending to borrowers (i.e. SMEs) …
10 Prudent Things You Can Do With Your Travel Fund If COVID-19 Has Derailed Your Trip
With a steady stream of COVID-19 government travel advisory trickling in, you might be taking one less overseas trip this year. But with a few extra hundred dollars saved, it’s a good time to stock up on ideas to make your travel fund work hard. People are now travelling more …
How SMEs Can Survive and Thrive in the New Normal
One in two small businesses across ASEAN faces cash flow challenges as a result of the pandemic, and Singapore is no exception. While an optimistic V or U shaped economic recovery is possible, the recovery may be L-shaped if the world is unable to control the virus outbreak. This …
P2P Lending’s Growing Potential in Singapore
What is FinTech Financial Technology, or FinTech, first flourished during the Internet explosion in the early 2000s when e-commerce models were the rage. It has since evolved into the sophisticated use of specialised software and algorithms to automate the delivery of financial services and optimise operations for businesses and consumers …
How to invest in Singapore with $100
Summary Budding investors can start investing with $100 across a wide variety of investment vehicles. Shares, Peer-to-Peer (P2P) lending, Exchange Traded Funds (ETFs), Regular Shares Savings (RSS) plans, unit trusts, and robo advisors are just some examples. Portfolio diversification is also something that investors can look into as a form …