Chor Khieng Yuit

Singapore

Senior Correspondent at The Straits Times

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Articles

Why all of us can do our part to manage healthcare costs in Singapore

3 days ago | straitstimes.com | Chor Khieng Yuit

SINGAPORE – Much had been said about the role of insurers, doctors and hospitals in managing healthcare costs but individuals have a crucial part to play as well. Mr Eddy Cheong, chief executive of insurance advisory firm Havend, observes that with the generous coverage of Integrated Shield (IP) plans, a rise in bigger claims can sway the claims rates, even though most claims could be smaller in proportion. Join ST's Telegram channel and get the latest breaking news delivered to you.
Observers say digital platforms remain relevant amid concerns over their sustainability

6 days ago | straitstimes.com | Chor Khieng Yuit

UPDATED Apr 18, 2025, 07:39 PM
GXS Bank acquires leading digital lending platform for S’pore SMEs Validus Capital

1 week ago | straitstimes.com | Chor Khieng Yuit

SINGAPORE – GXS Bank, which is backed by Grab Holdings and telco Singtel, said on April 14 that it has received approval from the Monetary Authority of Singapore (MAS) to acquire Validus Capital, the Singapore business of Validus Group. Validus Capital, which is one of the largest digital lending platforms for small- and medium-sized enterprises (SMEs) in Singapore, will become a wholly owned subsidiary of GXS from April 15. This is the first such acquisition by a digital bank in Singapore.
Safe alternatives for your savings as interest rates come down

1 week ago | straitstimes.com | Chor Khieng Yuit

UPDATED Apr 13, 2025, 05:00 AM
Safe alternatives for your savings as interest rates come down

1 week ago | flipboard.com | Chor Khieng Yuit

NowThis young entrepreneur left a stable banking career to build a business selling curtainsKen Lim, 30, may be the boss of a curtain shop – but he admits that home interiors and decor weren’t always his passion. Like many others, Lim often …14 hours agoAs Singapore sees a surge of mainland Chinese eateries, is local food culture OK?
UOB, OCBC cutting interest rates on flagship savings accounts from May 1

2 weeks ago | straitstimes.com | Chor Khieng Yuit

SINGAPORE – Interest rates on more savings accounts are coming down in Singapore, with two of the three local banks – UOB and OCBC – reducing rates on their flagship accounts, the UOB One and the OCBC 360, from May 1. The Straits Times understands that DBS will be keeping the rates on its flagship Multiplier account for now. A flagship savings account is a bank’s best savings product, which offers bonus interest rates that go up as customers transact more with the bank.
49 exchange-traded funds on SGX following two such recent listings

2 weeks ago | straitstimes.com | Chor Khieng Yuit

SINGAPORE – Retail investors will have more options following the listing of two exchange-traded funds (ETFs) in recent weeks to add to the 47 already on the Singapore Exchange (SGX). The ETF that listed on April 2 allows investors to ride on the growth in emerging and developed markets in South-east Asia, as well as Taiwan, South Korea and India, but excluding Japan and China. Investors keen to ride on China’s recovery and earn dividends at the same time can try the ETF listed on March 28.
US equities still offer opportunities for S’pore investors despite turbulence?

3 weeks ago | straitstimes.com | Chor Khieng Yuit

UPDATED Mar 30, 2025, 05:00 AM
What a Singapore investor needs to know about investing in the US stock markets

3 weeks ago | straitstimes.com | Chor Khieng Yuit

SINGAPORE – Grab Holdings and Sea Limited (SEA) are familiar names in Singapore and while they are listed in the United States, investors here can still buy into them. If you want to invest in these stocks, you will need an account with one of the local brokerages, including CMC Invest, FSMOne, Phillip Securities, Interactive Brokers and Tiger Brokers. Join ST's Telegram channel and get the latest breaking news delivered to you.
Online platforms report higher trading volumes in S’pore amid optimism over market support measures

1 month ago | straitstimes.com | Chor Khieng Yuit

UPDATED Mar 25, 2025, 06:45 PM