Trust Bank Singapore, New Digital Bank Freebies!

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Have you applied for your Savings Account or Credit Card with Trust Bank Singapore, Singapore's digital bank backed by a unique partnership between Standard Chartered Bank, and FairPrice Group? REFERRAL CODE: BZACYE0F ( it is a number zero, not letter ) Get $35 worth of free Fairprice vouchers and other freebies by just Downloading the Trust App and Open a Savings Account online with the App, simple/easy within 10mins!: Get free $10 Fairprice E-voucher (no minimum spend at stores/online) by entering this code ( BZACYE0F ) when apply for the Savings Account. Get free 1kg Fairprice Rice voucher Get free Kopitiam Breakfast Toast Set voucher Charge one transaction to your debit card to get free Fairprice $25 voucher (no minimum spend, at stores/online). Hack: Do a funds transfer of $1 or $10 from your own bank to Trustbank savings account. Then Just add your debit card number to Grab App, authenticate with $1 charge/refunded to your saving

January 2009 Govt Budget-Early Market Rally?

PM Lee had announced that the Government's Budget Statement, traditionally delivered in late February, will be unveiled a month earlier, before the Chinese New Year which falls on January 26, 2009.

Will this make the stock market rally in January and February 2009, so we all can “Huat Ah” all the way into Chinese New Year? Hahaha, Gong Xi Fa Cai! Cai Yuan Kun Kun Lai!

Also, did you notice that many analysts are forecasting a possible economic recovery in second half of 2009? As stock market is usually 6 to 9 months ahead of the economic cycle, will the stock market start to rally before then?

I dun think the global economy will recover so soon. Even PM Lee said “We are already in recession and we expect a 'U-shaped' recovery with a fat 'U'. At the same time, we must be ready for more surprises.” He reckoned that the recession would last a year but beyond that there could be several years of slow growth before things get back on track. (source Business Times Nov 17, 2008).

But that does not mean stock market cannot rally hor!

Food for thought!


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