We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Better returns for your cash: Time deposits or money market funds?
Australia News News
Time deposits in Singapore are very popular, and data from the Department of Statistics show that banks in Singapore hold more than S$30 billion in time deposits. While interest rates are better than a year or two ago, time deposits still have relatively low returns. Looking for alternatives may put you in a better financial position.