Tuesday, 4 June 2024

[Post 392] Employment rate for private university graduates falls but median salaries rise





Summary

The employment rate for graduates from private education institutions fell, even as they earned more money. This, according to a SkillsFuture Singapore survey of 2,400 students who graduated between May 2022 and April last year. Monthly median salaries rose to $3,400 -- up $200, or slightly more than 6% from the previous survey. But fewer are finding full-time jobs. Over 58% found permanent employment within six months after graduation -- a drop of more than two percentage points from the previous cohort. The percentage of those unemployed crept up to over 16%.

Sunday, 2 June 2024

[Post 391] How To Manage Your Money On Payday: The 50-30-20 Rule | Money Mind | Personal Finance





Summary

Can three simple numbers help you manage your money better on payday?

[Post 390] $13 For Restaurant-Style Fine Dining In An Yishun Hawker Center? I Am A Hawker | On The Red Dot





Summary

33-year-old Asyraffie Bin Mohamed Shukor is an accidental chef who fell in love with the art of fine-dining cooking while working in the modern European restaurant Iggy’s. When his dream to start his own restaurant fell through, Asyraffie, decided to continue his fine-dining journey in a hawker centre, blending haute cuisine techniques with the vibrant flavours of local street food.

From serving six customers a night in a private fine dining restaurant to serving 200 plates in four hours in a hawker centre,  Asyraffie has not compromised in his cooking techniques that brought him fame and acclaim. He serves a dish called Nasi Kerabu, which is unfamiliar to most Singaporeans. Yet it has attracted customers from across the island. So, why are people willing to pay more than $10 a dish and queue for up to 45 minutes for an unknown dish in a hawker stall? 

Friday, 31 May 2024

[Post 388] Gen Z Spending More On Travelling: Tips On Planning Your Next Holiday | Money Mind | Travel





Summary

Travel experiences are increasingly the currency of choice among travelers today. So how do you get the best bang for your buck when planning such holidays?  

Tips On What To Spend On, To Make The Most Of A New Holiday Experience

Thursday, 30 May 2024

[Post 387] Gen Z Money Tips: Saving $10k Fast On A Graduate's Starting Salary | Money Mind | Savings





Summary

How do you save $10k quickly if you've just started working? One Gen Z shares his strategies. 

[Post 386] "Kids Are Too Expensive!” How Thailand Became One Of The World's Fastest Aging Countries | Insight





Summary

After Singapore, Thailand has the lowest fertility rate in Southeast Asia, making it one of the fastest aging countries in the world. The problem is, Thailand will grow old before it grows rich. 

An aging society is typically a predicament affecting developed nations. But Thailand is still developing. So, why is it facing a population crisis ahead of time? How did culture, religion, the economy, policies, and politics drive down the birthrate in the Land of Smiles? The Thai government is changing the laws to encourage more births. Can they reverse the slide? And, faced with a stagnating economy and competition from its younger neighbours, what does it mean for Thailand if it cannot rejuvenate its fertility rate?

Wednesday, 29 May 2024

[Post 385] Savings Account Interest Rates Going Down: Better Ways To Save? | Money Mind | Savings





Summary

Major banks are cutting rates on their flagship savings accounts, so what are the low risk, high yield alternatives for savvy savers?