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Estimated population of Singapore citizens and permanent residents - 3,163,500 as at June 1998.
Other ethnic groups 1.4%
Working Language: English
Other official languages: Mandarin, Malay & Tamil.
The weather TODAY: Partly cloudy. Showers with thunder expected in the late afternoon over many areas. High tide 6.00 am 2.5m 8.43 pm 2.1m Sunrise 7.17 am Sunset 7.21 pm Moonrise 3.11 pm Moonset 2.44 am PSI: 40 (good) Temp: 23-31 degrees Celsius
Get For Me: Mid-Week Banking
This is a new column in which we address your banking needs while you are in Singapore. Our focus will be on both domestic and international banking. We will take you through the banking sector in Singapore and explore what it can offer you. Our editor was previously a banker with a foreign bank in Singapore. He has had seventeen years of banking experience in domestic, international and private banking. He hopes to share his knowledge with you.
This week, we focus on current accounts (checking accounts). When you are in Singapore, you will need a bank account to facilitate your business transactions as well as payment of all types of bills. A Singapore Dollar current account comes in handy.
Basically, there are two types of Singapore Dollar current accounts available here:
1. Normal (No interest is paid on your balances in the account)
2. Interest Paying
For 1, you are given a cheque book with which to issue cheques, and a monthly statement showing your transactions for the month.
For 2, you are given a cheque book with which to issue cheques, and a monthly statement showing your transactions for the month. Interest is payable on your balances in the account. The method for arriving at the interest payable differs from bank to bank. So, take care here.
For today, we examine the current account offered by DBS Bank in Singapore.
DBS offer 1. Normal current account (No interest paid on balances)
2. Interest earning current account, called DBS AUTOSAVE
For 2. DBS Autosave accounts, the following applies:
- daily interest is paid on your balance in the account
- monthly nominal account fee of S$1.50 (no waivers)
- monthly service charge of S$7.50 (waived if your daily average balance is above S$1k)
- you can get your ATM card instantly and draw Singapore Dollars from it
- you can apply for phone banking, and internet banking
- you can apply for an overdraft (Minimum income is S$30 000 per annum)
Eligibility for opening account:
Must be above 21 years old. Foreigners can apply.
Call personally, and bring along your passport/identity card
getforme their website: DBS BANK
NB. Stamp duty on cheques has been abolished so your cheques come free. Though some nationalities like to issue cheques for any amount, eg. S$2.50, Singapore account holders usually avoid issuing cheques for amounts less than S$40. Remember, for each cheque you issue and put through the banks' clearing system, your bank is charged S$1. But banks have yet to pass this charge over to their account holders.
If you have any queries, please e-mail our editor at email@example.com . All articles on banking will be compiled and placed in our BANKING section so if it is not mid-week, please hop over to our banking section.
NEW LAUNCH: G.K. Goh has announced the launch of their online stock trading site. Click GOHDIRECT.
MARCH 2000: Mariah Carey - The Rainbow Tour (One Night Only) " Live " in Singapore on 13 Mar 2000 at the National Stadium. Click MARIAH CAREY
AUCTION: AsiaOne.com offers from today 100 red bouquets of tulips for online auction. Bids start from S$1. Visit them now at ASIAONE.COM
COMING SOON: A new website IP3000.com which claims to have over 7 000 000 websites indexed, including Europe and Asia. It says it is the largest information and media search engine on the web. Click Internet Portal 3000 to get a preview now.
POLL: Do you like our new RED colour? Tell us. Click HERE.
NEW: New M1 shop opens at #B1-19/20 Paragon Shopping Centre. Other branches are at #B1-18-19 Tampines Mall and #01-16-17 West Mall.
NATIONAL SERVICE: Central Manpower Base (CMPB) National service registration starts on Monday 31 Jan 2000 for all male Singapore citizens and permanent residents (PRs) born on or between 14 Jun 1982 and 12 Sep 1982, and ends on 10 Mar 2000.
GET FOR ME: Save the ACS (Anglo Chinese School) clock tower An appeal for support.
BOOKS: Top Ten KINOKUNIYA Bestsellers Top Ten MPH Bestsellers Top Ten BORDERS Bestsellers Top Ten TIMES Bestsellers Shows the top ten fiction and non-fiction titles sold at these bookstores last week.
ANNOUNCEMENTS: We are now hosted with WEBVISIONS.COM.
EXPATRIATES: EscapeArtist.Com The website on overseas living for international job seekers and expatriates. ExpatSingapore For expatriates planning to relocate to Singapore. Provides excellent information on Singapore. ContactSingapore Step-by-step guide to applying for a job, getting an employment pass, remuneration structure and corporate culture.
GET FOR ME: New Books
ON SALE NOW AT LEADING BOOKSTORES
Singapore: A Pictorial History 1819-2000
By Gretchen Liu
Price: S$61.70 (excludes shipping)
You may place your order with us at firstname.lastname@example.org.
The road shown on the front cover was Holloway Lane. It has recently gone the way of the Dodo and in its place is an open ground awaiting redevelopment. In the background is St Joseph's Church in Queen's Street.
The picture of the front cover of the book has been posted here with the kind permission of the publisher, Editions Didier Millet Singapore.
Search, discover and win S$500 cash. Every month.
Join Lycos Asia's online quiz at www.lycosasia.com.sg now.
In conjunction with the Millennium Dog Show, Lycos Asia is holding a homepage design contest at Tripod Asia, an online community of Lycos Asia network. Just build a site dedicated to your pet in Tripod Asia before 30 Jan 2000, and you could win S$1000 cash and a chance to walk away with an iMac in their lucky draw.
This website is updated daily between 12.00 am & 1.00 am Singapore time (+8 hours GMT).
Contact us at email@example.com
P.O. Box 162 Hougang Mall Post Office Singapore 915306 Tel: (65) 282 4221 Fax: (65) 281 4785. The business name getforme.com is registered in the Republic of Singapore under Certificate of Registration Number 52908811L
Copyright ©1999, 2000 All rights reserved
Today Wednesday 16 Feb 2000
Dare to take on the world, says SM Lee Kuan Yew. Foreign players are competing with Singaporeans on their own turf, so meet the challenge head-on, he says.
Tears flowed freely yesterday at the War Memorial Park in Beach Road when more than 1400 people attended the 33rd annual memorial service to remember the civilian victims of the Japanese Occupation.
A 3-year-old boy, peering over a balcony to look at his mother below, lost his balance and fell 10 storeys - but lived. The zinc roof of a third storey flat had broken his fall.
New SPH paper, Project Eyeball, gets its licence.There will be a print tabloid edition every morning from Mondays to Saturdays, and a round-the-clock version on the Internet.
Auto Asia managing director, David Koh Beng Oon, 52, is facing trial on 12 charges of criminal breach of trust. Auto Asia is the agency that once sold Korean-made Kia cars here.
Beijing: The former Vice-Governor of China's Jiangxi province, Hu Changqing, was yesterday sentenced to death for corruption. He is the highest-ranking communist official to be handed a death sentence for corruption.
Around the world
Littleton, Colorado: Two Columbine sweethearts were found shot dead early on Valentine's Day at a restaurant near the school, reopening the wounds of last year's rampage at Columbine in which 15 people died.
Washinton: Internet hecklers had a field day as US President Bill Clinton gave his first live online news interview ahead of a major White House meeting on computer security. In the interview on CNN, questions submitted to the President were carefully screened, but irreverent queries were nontheless posted to the media network's Internet site.
Courtesy of The Straits Times
News updated by 8.00 am daily.
Singapore's water is clean and safe to drink from the tap. There is no need to boil it.
You can e-mail him at firstname.lastname@example.org