firec 
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As property market heats up again, you may be interested in buying a new home and taking up a Sibor-pegged property loan.Do you know that the 3-month SIBOR rate shot up to an astonishing 9.5% in early 1998?Or that it went to a low of 0.56% in mid-2003?The following chart shows the interesting history ...
Following the previous post on degree holders’ income, we now look at the income of diploma holders.The following are the numbers for diploma holders, also from the same MOM report on the labour force:Median Gross Monthly Income for Diploma HoldersAge group 25-29: $2,170 (males $2,170)Age group 30-39: $3,060 (males $3,250)Age group 40-49: $4,000 (males ...
Here’s the latest salary benchmark tool that we’ve all been waiting for.It uses the data from Ministry of Manpower’s Report on Labour Force in Singapore 2007, which is just released about 1 month back.Because “gross monthly income” in the MOM report includes bonuses, you should take your annual income and divide by 12 to ...
Don’t be fooled by those “get rich” seminars, says a Sunday Times article today (as I interpreted it).Flip open the papers, and you’ll see some advertisements on “How to make lots of money doing XYZ“, where XYZ can be “options trading”, “forex trading”, or “shares trading”.As some will say, the only …
The Big 4 accounting firms in Singapore - Deloitte, Ernst and Young, KPMG and PricewaterhouseCoopers - have all raised the starting pay of fresh entrants.This is reported in today’s Straits Times.But auditor upstarts with the Big 4 still get low starting salaries of $2,400 to $2,600 per month compared to other industries like banks ...
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Two years ago, we estimated that 44% of Singapore’s workforce are non-citizens. Well, we were wrong. The actual figure is 45.4%, a little higher than our estimate! Published in today’s Business Times are the numbers for the breakdown of our labour force as at June 2010: There were 1,712,600 Singaporeans (“citizensR 21;), 334,700 permanent residents …
We have yet again released the latest version of our most popular income benchmarking tool. It uses the latest available data from Iras. Simply enter your Iras assessable income below and see how you stack up against all resident taxpayers in Singapore: Interestingly, a $100k income will put you at the 79.3 percentile, compared to ...
The law graduates from NUS Faculty of Law are once again at the top of the ranking table. This year, they make an average of $5,037 in gross monthly starting pay. (See our GES ranking for last year.) Graduates from SMU ISM and NUS Medicine are at a distant second and third with gross starting ...
As reported in the news, median monthly household income from work has increased by 11% from S$6,342 in 2010 to S$7,037 in 2011. This is based on recent Household Income data released by t …
We don’t invest all our cash. Most of us keep some cash in a savings account, whether to pay bills or to invest when the opportunity comes. So which bank in Singapore gives us the hi …
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