Author: Seedly

Singapore Digital Bank Licenses: What Singaporeans Need to Know

Monetary Authority of Singapore (MAS) to Issue 5 Digital Bank License This Year By June 2020, MAS will need to make a decision on which parties will they award the five digital bank licenses to. The five digital bank licenses can be broken down into Up to two digital full bank licences Up to three will be digital wholesale bank licences The difference between the two types of licenses is simple: Digital Full Banks Digital full banks are allowed to take deposits from retail customers like any of us. This function is something familiar to all Singaporeans with a...

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Cheat Sheet: How to Pick the Best Singapore REITs to Invest In

“Bro, Cache Logistics Trust has a yield of 8%. Can invest or not?” This is a common question I get from my friends. Not exactly in that form, but it’s along those lines of whether a particular Singapore real estate investment trust (REIT) can be invested based on its high distribution yield. What I would advise is that potential Singapore REIT investors should look beyond the distribution yield (similar to dividend yields of listed companies), and look at other factors as well. Only then can they make a more informed decision on whether to buy the particular REIT. The distribution...

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Planning to Do Your Nails Before CNY? Here Are 6 Salons You Should Visit!

I’m probably the most fidgety and ticklish customer ever, but it’s so hard to sit still while waiting for the nail artists to finish my manicure… Source: Giphy You’re probably going to say that I should just do it myself at home to save money. But let’s face it, we’re just terrible with painting with our non-dominant hand and it’s too time-consuming. Besides, going for a manicure session is a good way to get some alone time. Kinda! TL;DR – 6 Best Nail Salons to Pamper Yourself With a Manicure & Pedicure Before CNY Since your gel manicures can...

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The Best Abalone Promotions And Discounts This CNY! (2020)

Abalone are consumed not only for their good taste, but their auspicious symbolism. In Mandarin, 鲍鱼 means ‘guaranteed’, and ‘abundance’, signifying the ushering of the new year with great abundance and joy. In the new year, abalone is usually eaten in Peng Cai. Peng Cai is a dish that originated from the Song Dynasty, where villagers collect their best ingredients in a large basin and serve them to army troops who were fleeing enemies. For those who are looking to buy this delicacy come CNY 2020, here’s a list of abalone promotions, so that you can get a bang...

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The Best Abalone Promotions And Discounts This CNY! (2020)

Abalone are consumed not only for their good taste, but their auspicious symbolism. In Mandarin, 鲍鱼 means ‘guaranteed’, and ‘abundance’, signifying the ushering of the new year with great abundance and joy. In the new year, abalone is usually eaten in Peng Cai. Peng Cai is a dish that originated from the Song Dynasty, where villagers collect their best ingredients in a large basin and serve them to army troops who were fleeing enemies. For those who are looking to buy this delicacy come CNY 2020, here’s a list of abalone promotions, so that you can get a bang...

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Baby Fairs in Singapore 2020 and How to Survive Them

So… you’ve got a kid on the way and have worked out — or rather, found out from us — that you need $285,468 just to raise it. “Siao liao,” you wonder, “how sia…” Thankfully, there are these things called baby fairs where you can get a pretty good deal on baby essentials. If you’re a mother or father-to-be… Or if you know a friend who’s looking to stock up on supplies before their bundle of joy arrives. Then you’ll want to find out which are the best baby fairs in 2020! And most importantly, how to survive them....

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Your 60-Second Analysis on Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) Shares

In this series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds. In this instalment, we have Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6). Previously, we featured SATS Ltd (SGX: S58), a provider of food solutions and gateway services solutions. What’s Yangzijiang’s Business About?  Yangzijiang, founded in 1956, is one of the largest private shipbuilding companies in the world, with a top spot in China.  Yangzijiang has four shipyards in Jiangsu Province, China, and they are along the Yangtze River. Together, the yards produce a broad range...

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Which Polytechnic Is Best and How Much Do You Have to Pay?

Checking out the open houses before getting your results on 13 Jan 2020? I think I still remember how it felt sitting in my secondary school hall with all of my schoolmates, anxiously waiting for our turn to collect our GCE ‘O’ Level result. Source: CNABoy, it was nerve-racking… It’s worse if you’ve already shortlisted a few polytechnic courses in mind and you know the cut-off points you’ll need to meet. Sorry if this made you feel worse! But let’s take a look at how much your dream polytechnic course will cost you and how you can finance your...

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The Best Pineapple Tarts You Can Get This Chinese New Year (2020)

What makes a good pineapple tart? Source: Laraine Tan | Pinterest According to my grand aunt (her pineapple tarts are phenomenal), a solid pineapple tart needs to have two essential components: A homemade pineapple jam that is made from fresh pineapples, cooked down and well caramelised. A fragrant crust that’s made up of salted butter (NOT margarine), and the ridges of the pastry should be hand-kneaded and folded uniformly. I love pineapple tarts, and one of my best childhood memories was watching my grand aunt make them from scratch. Yet, in Singapore, there’s barely time to make your own...

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What Is A Financial Statement?

Previously, we explored what a bond is. Now, let’s find out what are financial statements. But before that, here’s a quote by the Oracle of Omaha, Warren Buffett, on the subject: “You have to understand accounting and you have to understand the nuances of accounting. It’s the language of business and it’s an imperfect language, but unless you are willing to put in the effort to learn accounting – how to read and interpret financial statements – you really shouldn’t select stocks yourself.” The word ‘financial’ may sound intimidating, especially when coupled with the word ‘statement’. If you are...

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New Year’s Resolutions: Expectations vs Reality

About the Seedly Comic Series Our all-new comic series was birthed of the humour we find in everyday situations. Follow Calmond, Pistachio and Fire Cracker as they navigate the scary thing we call life — all while managing their personal finances, helped along by Seedly reviews and super useful articles. We aren’t biased, just honest. And now — over to the key characters in the series! Calmond, Pistachio and Fire Cracker’s adventures continue on Wednesdays and Saturdays at...

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3 Singapore Blue-Chips That Beat the Straits Times Index in 2019

Singapore stock market investors would remember 2019 as a year of volatility on the back of US-China trade tensions, fear of recession due to the inverted yield curve, cutting of US interest rates, and protests in Hong Kong. Despite all that, in 2019, the Straits Times Index went north by 5.02% to 3,222.8 points; but the ride up wasn’t smooth. It was one littered with many ups-and-downs, as seen from the chart below: Source: Yahoo! Finance Even though the Straits Times Index rose for the year, some index components managed to beat it hands down, with the best performer...

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DBS Multiplier Account: What Are The Changes In 2020? Are They Beneficial For Me?

The DBS Multiplier Account has always been one of the most popular savings accounts around – but with new changes come Feb 2020, it may no longer be as attractive as before. For those who aren’t kept in the loop, here are the changes to the DBS Multiplier account in 2020, and the pros and cons that come with it! TL;DR: Changes To DBS Multiplier From 1 Feb 2020  Before 1 February 2020 From 1 February 2020 Salary Credit Must be credited via GIRO, with transaction reference code ‘SAL or PAY’ Will be renamed to income category instead, and...

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What I Expect the Stock Market to Do in 2020 and How I Plan to Position My Portfolio

As cliché as it sounds, 2019 has come and gone in the blink of an eye. As I look ahead into 2020, I wanted to pen my thoughts on what I expect the stock market to do in the new year and what I’m doing to position my portfolio. It will serve as a reminder for myself as I journey through 2020 as well. It’s timely that just moments before I planned to write this piece, I came across a question asking for opinions on the stock market in 2020 on our Seedly Community page. But before I look...

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Your 60-Second Guide To SATS Ltd (SGX: S58) Shares

In this series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds. In this instalment, we have SATS Ltd (SGX: S58). Previously, we featured Mapletree Commercial Trust (SGX: N2IU), the owner of VivoCity and a few other properties. What’s SATS Ltd’s Business About?  SATS provides food solutions and gateway services solutions, mainly to the aviation industry.  The food solutions segment provides in-flight catering and institutional catering, among other things. Meanwhile, the gateway services division offers services such as ground and cargo handling, passenger and security services,...

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