60 days – 2.00% + MORE Nov 17th

This GIC rate is offered by Oaken Financial and was updated on 2014-10-06. Click on the link above to get more details or apply online.

This GIC rate is offered by DUCA Financial Services and was updated on 0000-00-00. Click on the link above to get more details or apply online.

JAKARTA, Indonesia – Indonesia’s president announced a sharp increase in fuel prices on Monday, saying costly government subsidies would be better spent on infrastructure and development.
President Joko “Jokowi” Widodo, who took office Oct. 20, announced the price hikes at the state palace, flanked by economic and social affairs ministers.
The price of gasoline will be raised from about 53 cents to 70 cents per litre, and diesel fuel from 45 cents to 61 cents, beginning Tuesday.
Police were deployed to guard some gasoline stations in the capital, Jakarta, as long lines of cars and motorbikes waited to fill their tanks before the increases took effect at midnight.
“From time to time, as a nation, we are faced with difficult choices,” said Jokowi, who had vowed to be ready to make unpopular decisions for the sake of the people. “However, we have to choose and make a decision.”
He said the government held a series of discussions and decided it was better to switch the subsidies to productive investment…

(Illustration by Pete Ryan)
A lot changes the day you say goodbye to your colleagues and leave work for the last time. Suddenly, you go from building up your nest egg to drawing it down. As a result, you need to rethink the whole way you manage your finances. Call it the Big Transition.
To prepare properly for retirement, you should start getting ready at least five years before the big date. It’s all about envisioning the lifestyle you want while making sure you have enough reliable income to fund it. And the transition doesn’t end when you do retire. You’ll need to keep adjusting your lifestyle and financial plan as you go, especially during the next five or so years. With the quality of your retirement on the line, it pays to plan carefully. Here’s our outline for managing the Big Transition.
In the last few years before you stop working, you need to gradually define your retirement goals, including when it will start and roughly how much it will cost. And you need to ensure you can afford it, perhaps the most daunting question of all…

World’s third-largest economy contracted at a 1.6 per cent annual pace as housing and business investment dropped following a sales tax hike