nice info.thanks. but one thing, how do u deposit 500 each month without incurring extra GIRO/IBG charges and without any hassle (go to orchard /raffles place CIMB bank to deposit every month)?

I've done my BTT 3 years ago, however haven't convert yet as my msia license yet to expire and Sg license must renew right? (I've only seen my indonesian friend sg license, no idea whether it applies to msian too, our msia license have to be cancelled before convert right?)

my question is, is it possible to only convert after i get my PR-ship? or must convert before getting PR to avoid taking the full license exam?

by the way, can drive msia car with singapore license in msia?
and 1 more thing~ been trying to look for a job in Singapore (I have both diploma & business degree from reputed Singapore private institution, but no experience) Any advice?
done searching for jobs with all the online portals/company own website to no avail, went to career fairs
any other job search techniques to use?
i got an EPEC valid for 2 years.    

I'm interested for position as auditing/finance/customer service/research/consulting/sales(last choice)
currently enrolled in CPA Australia Foundation Level Program
interested in banking & finance/business/airlines/hotel/automobiles/telcos/education sectors & industries  

any kind soul who know any position please help me pull some cable~ thank you and appreciate your help~!  

I put most of my rainy day cash in CIMB. The Starsaver account pays 0.8% on the entire balance, no service fees, no drop below fees... only one condition, you need to deposit $500 each month or the interest rate drops to 0.5% (still higher than anything the big3 can offer). It's got free cheques and the lowest fees (to my knowledge) if you deposit forex cheques as well.

the only place worth putting in yr money in SG in Real Estate. The rest are crap. FD - crap interest rates, Bonds - crap coupon rates, equities - volatile, unit trust - volatile....

The whole purpose of having cash for a rainy day is so that you don't have to liquidate your investments and disrupt the compounding, when it begins to rain. And if you are going to hold some cash anyway, why not get the highest return you can for it?

Unless of course, you don't want to hold any cash and reckon it's a good idea to sell your flat (or use it as collateral) to buy food when you get retrenched.

okay i have collected my EP.
other than bragging right, what are the benefits of holding an EP?

i heard about able to use automatic gate in Singapore immigration???

Yup for EP you can use your passport to cross auto gate at customs...

recently.. No wonder nowadays banks are advertising to pay out more interest for fixed deposit accounts.. liquidity running low liao.. funds could be moving back to europe..

http://www.channelnewsasia.com/stories/sin...1154169/1/.html

SINGAPORE: Interest rates in Singapore may rise - from their lowest levels in 40 years - as early as March next year, according to analysts.

They say home loan refinancing is surging, but bank profitability and the rising cost of funds offshore may force the banks' hand.

Banks could be forced to raise their home loan interest rates as early as six months from now.

Low rates have hurt their profitability and they will not bear the razor-thin margins for ever.

Dennis Ng, CEO of HousingLoanSg.com said: "Banks may be forced to increase the interest margin on their housing loans. (With the three-month SIBOR at 0.35 per cent, even if they add in an interest margin of 0.6 or 0.7 per cent, the total interest rate would be about one per cent - and that, to a lot of banks, means that profitability is affected."

This means that home loans, which are currently in the range of 1 to 1.2 per cent, may go up as much as 0.3 percentage points by early next year. That is even if the Singapore Interbank Offered Rate, or SIBOR, component of home loans remains low.

Banks such as UOB, DBS and Maybank have stopped offering Swap Offered Rate (SOR) pegged loans as SOR rates turned negative earlier this year, while foreign banks have to deal with potentially higher borrowing costs offshore.

Tai Hui, regional head of research, SE Asia, Standard Chartered Bank, said: "It's also worth noting that the low interest rate environment will not last forever, even though it may be for the next year or two.

"So I think it's interesting to find an opportune time to lock in low interest rates once we start to see some degree of stabilisation and some degree of return in confidence."

The low interest rate environment has fuelled a resurgence in home loans refinancing.

According to loans consultancy HousingLoanSG, home loans refinancing rose 30 per cent in the first half of this year, compared to the same period a year ago.

Borrowers have been particularly attracted to packages that protect them from future SIBOR increases. For example, DBS Bank has a loan pegged to the three-month SIBOR, with a spread of 0.85 per cent for the first three years. This means that the interest rate is capped at 1.49 per cent for the first three years.

It is loans growth that is keeping banks profitable and not the rates they charge, which is giving borrowers an unrealistic sense of cheap money.

Analysts say a better gauge of affordability is to factor in rates of 3 or 4 per cent - an indication of where rates are headed as early as next year.

Anyone has working experience or currently working in Starhub? How is it working in there?

Hmmm, anyone here know the working life in Bloomberg SG?

Open concept. Information driven. Fast-paced. Global support and the best pantry selections I have seen so far.

Hi guys! Still remember me? I have posted in v7 before, asking opinions from bros here.

So yeah, I have made a difficult decision to work in SG, alone. Its a tough one, to be separated from wife (she's pregnant, due deliver ard CNY next year), so I made it a point to travel back at least 3 times a month...She's understanding and supportive as well. Well, have sacrifice a bit for the better lifestyle for my wife and baby, heh.

In return, the offer is quite attractive; just the basic alone is higher than my current pay, comparing SGD1 to RM1. A number of perks offered that my current cant even come close. Was informed to tender resignation after they got the EP approval from MOM. Guess what, submit to them on Sunday, then they called up today saying that my EP's approved. My god, thats was blazingly fast & efficient!   

Expected commencement is early of Nov. Will take this opportunity to accompany my wife 

Anyone has working experience or currently working in Starhub? How is it working in there?

Hi guys! Still remember me? I have posted in v7 before, asking opinions from bros here.

So yeah, I have made a difficult decision to work in SG, alone. Its a tough one, to be separated from wife (she's pregnant, due deliver ard CNY next year), so I made it a point to travel back at least 3 times a month...She's understanding and supportive as well. Well, have sacrifice a bit for the better lifestyle for my wife and baby, heh.

In return, the offer is quite attractive; just the basic alone is higher than my current pay, comparing SGD1 to RM1. A number of perks offered that my current cant even come close. Was informed to tender resignation after they got the EP approval from MOM. Guess what, submit to them on Sunday, then they called up today saying that my EP's approved. My god, thats was blazingly fast & efficient!   

Expected commencement is early of Nov. Will take this opportunity to accompany my wife 

Hmmm, anyone here know the working life in Bloomberg SG?

Bloomberg's pantry is like 7 eleven. and the best part is, its all FREE.