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SIBOR stands for Singapore Interbank Offered Rate [1] and is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Singapore wholesale money market (or interbank market). It is similar to the widely used LIBOR (London Interbank Offered Rate), and Euribor (Euro Interbank Offered ...
It is an alternative to Singapore Interbank Offered Rate (SIBOR) which is a measure of the interbank money market rates. [1] As of December 2018, SOR is measured and published periods of overnight, 1 month, 3 month, and 6 month. Like SIBOR, SOR is set by the Association of Banks in Singapore, and is also publicly available. [2]
The exchange rate is an intermediate target of monetary policy in the context of the small and open Singapore economy (where gross exports and imports of goods and services are more than 300 percent of GDP and almost 40 cents of every Singapore dollar spent domestically is on imports), the exchange rate represents a significantly stronger ...
Hence, fixed deposits became the preferred choice for Singaporeans to store their savings as they offer relatively higher interest rates as compared to an average savings account and yet are covered by Singapore's deposit insurance up to a maximum of $100,000 for each bank or finance company. SSBs are completely covered by government guarantee ...
A Singapore Tourist Pass may be purchased from S$22 [64] (inclusive of a S$10 refundable card deposit and a 3-day pass) for the payment of public transportation fares. The card may be purchased at selected TransitLink Ticket Offices, LTA Kiosks, Passenger Service Centres and Singapore Visitors Centres, and can be refunded at both TransitLink ...
In a 2019 report Public Attitudes Towards Migrant Workers in Japan, Malaysia, Singapore and Thailand by the International Labour Organisation (ILO) and the United Nations Women, a majority (52%) of survey respondents in Singapore felt that crime rates have increased due to immigration although there is little direct evidence to back up the ...
The Straits Times (also known informally by its abbreviation ST) is a Singaporean daily English-language newspaper owned by the SPH Media Trust. [2] [3] [4] Established on 15 July 1845, it is the most-widely circulated newspaper in the country and has a significant regional audience.
Today was a Singaporean digital news magazine published by Mediacorp. It was originally established on 10 November 2000 as a free print newspaper, competing primarily with Singapore Press Holdings ' (SPH) Streats .