
Daily Briefing: What you need to know about fintech revolution; CCT's positive developments on debt profile
And here's the best air miles credit cards for frequent flyers.
From Dollars And Sense:
As a nimble, technologically advanced country with an educated population, Singapore is well-placed to be a laboratory for technological solutions and innovations, including in the Fintech space.
Testament to the importance placed on fintech in Singapore, several schools themselves have started to include fintech modules into their courses. This will supply a talented pipeline of workers to the sector as schools continue to broaden their programmes to include fintech.
Read more here.From The Motley Fool Singapore:
The debt profile of a REIT gives investors important clues about how the REIT is funded, its sensitivity to the interest rate environment, and how financially risky the REIT is.
There were two positive sequential developments for CapitaLand Commercial Trust’s debt profile: (1) The REIT’s aggregate leverage had declined from 38.1% in the first quarter of 2017 to 36.0% in the reporting quarter; (2) the interest coverage ratio also increased from 4.8 times to 4.9 times.
Read more here.
From Money Smart via Yahoo:
Ask any Singaporean what their dreams are, and travelling the world is bound to come up at least 80% of the time in one form or another. We’re not sure why exactly, but this reason has driven the proliferation of air miles credit cards in Singapore, and it’s certainly a great way to get rewarded for spending with your credit card. If you haven’t got any, and you’re a frequent flyer, you’ll want to check out these top credit cards.
Read more here.