Singapore Current Account recorded a surplus of 25.9 USD bn in Sep 2024, compared with a surplus of 25.7 USD bn in the previous quarter.
Economic GrowthProduction ProcessAsian CountryInternational EconomicEstimation ResultA foreign trade model is estimated for two South East Asian countries, selected because they represent two extremes as far as the current account balance is concerned—Malaysia, deficit, Singapore, surplus. The specification...
The East Asian financial crisis indicated that one of the factors that played a critical role in affecting the exchange rate of a country was its current account balance. This paper attempts to investigate this hypothesis. The Singaporean dollar (SD) and the Malaysian ringgit (RM) against the ...
Example: You have (i) an individual e$aver account with a balance of S$50,000 and (ii) a joint Cheque and Save account with a balance of S$120,000 with your spouse. For the purposes of the Deposit Insurance Scheme, both you and your spouse will be attributed half of the balance ...
A Priority Banking account to help you grow your wealth with up to 5.50% p.a. interest on your first S$1mil Limited time promo: Get additional 1.00% Bonus interest when you top up fresh funds. Up to 5.50% p.a. interest on your deposit balance 1% unlimited cashback on your debit ca...
account balance or value; currency denomination; gross receipts; withdrawals and payments to or from the account; the total gross amount of interest paid or credited to the account; the total gross amount of interest, dividends and other income generated with respect to the assets held in the ...
We will be revisingBOC Multi-Currency Savings AccountandSGD Current Account’s Minimum Initial DepositandMonthly Average Balance Requirementswith effect from 1 January 2023. The changes are as follows in the table below: If you have any enquiries, please contact our 24-Hour Customer Service Hotline...
In the case that the value of your order exceeds the value of the e-voucher, any outstanding order balance is payable. E-voucher must be redeemed prior to checkout, in a single transaction with the purchase of your Galaxy S25 Series. If the e-voucher is not utilised, it will be ...
Current accounts: Designed for storing funds for short transactional periods, current accounts are non-interest-bearing and tend to have minimum balance fees. Savings accounts: These are used to keep emergency funds and short-term savings. They tend to have low-interest rates per annum and ...
preceding year which was not assessed. A tax clearance directive would then be sent to your employer who would remit the tax amount liable to IRAS. In cases where monies withheld are more than the amount payable stated in the tax clearance directive, the employer will release the balance to ...