Zhi Rong Tan 
UOB increased the maximum interest rate on its flagship savings account from 3.6% to 7.8% in 2023 and we rejoiced. [UPDATE] The party is over. UOB has announced a revision to the maximum interest rate on UOB One, read the latest here. Since most of the time, your salary is already tied to one bank, … Read more
Update: As of 18 Dec 2023, Adobe and Figma have abandoned their merger plans, citing obstacles in the regulatory review process as the key reason. Adobe is reportedly developing a new product, “Ligma” that highly resembles Figma. Alvin shared his thoughts on the fall through of the merger here. Adobe reported its third-quarter financial results … Read more
Recent events at Cordlife Group Ltd have made quite a stir, grabbing the attention of parents and investors alike. Cordlife, well-known for its specialized services in stem cell preservation, unfortunately encountered a significant operational slip-up that led to the damage of cord blood units for approximately 2,150 families. This incident isn’t just a minor blip … Read more
Seeing the headline, “Singapore bank DBS’ Q3 profit beats view, sees steady earnings next year“, might no longer elicit surprise. Once more, our local banks has surpassed expectations, delivering stellar results in the third quarter of 2023. For those who have read our previous analyses on the banks’ quarterly updates, you’ll recall discussions about concerns … Read more
Last week brought about quite a stir in the Singapore REIT (SREIT) market. Prices have been on a downward ride, and investors are left scratching their heads, wondering what’s causing this unexpected turbulence. A quick look at the broader benchmark, the iEdge S-REIT Index, reveals a stark reality. In just one week, we’ve witnessed a … Read more