How to stay ahead of inflation in Singapore: Economist

Published Date: 04-08-2022

Synopsis: The Straits Times analyses Singapore's latest news and announcements.  A new report by Singapore's largest bank DBS, states that 40% of DBS' retail customers saw their income growth lagging inflation over the past year. This comes as DBS raised interest rates for its multiplier deposit account, in a first across-the-board move by a local bank to offer customers higher returns on their regular savings amid the rising rate environment. Senior economist at DBS Irvin Seah discusses the report's findings and gives tips on how to stay ahead of inflation. Produced by: ST Video team Edited by: ST Video team Follow ST Podcasts channel: Channel: Apple Podcasts: Spotify: Google podcasts: SPH Awedio app: Website: Feedback to: --- Discover ST's special edition podcasts: Singapore's War On Covid: The Unsolved Mysteries of South-east Asia: Stop Scams: Invisible Asia: --- Discover more ST podcast series: Asian Insider: Green Pulse: Health Check: In Your Opinion: Your Money & Career: SG Extra: #PopVultures: ST Sports Talk: Bookmark This!: Lunch With Sumiko: Discover BT Podcasts: Follow our shows then, if you like short, practical podcasts!

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