Apr 22, 2024

I recently came across news about the delivery of India’s first BrahMos missile to the Philippines, which highlights broader issues at play in India’s security role, Philippine military modernization, and geopolitics in and beyond the South China Sea. This operationalizes a deal that has been years in the making, as the Philippines has been contemplating acquiring a shore-based missile system like BrahMos from different sources for years before definitive interest was first publicized in late 2019. The recent delivery comes amid an active few weeks in the Philippines’ broader security networking in the Indo-Pacific, with the country kicking off Balikatan, the largest exercise within its U.S. alliance, and negotiating a new status of visiting forces agreement with New Zealand.

In addition to this, the news also includes the update about the 6-month T-Bills auction in Singapore and the surge in profit at Marina Bay Sands in the first quarter of 2024. The T-Bills yields have been fluctuating, and the recent auction yielded at 3.75%. Meanwhile, Marina Bay Sands reported a record performance, with profit surging 51.5% year on year. Additionally, there is also news about the Singapore Savings Bonds yield, the drop in REIT and stock prices, and insights into the behavior of wealthy individuals in managing their assets.

Overall, these news pieces shed light on key developments in regional security, military modernization, and financial markets, providing valuable insights into the geopolitical and economic landscape of the region.

I recently came across some important financial news about investing in a 529 college savings plan for children or grandchildren’s tuition. The article also highlighted some of the best Amazon Prime benefits to use in 2024, including free shipping and additional features. Additionally, there was a focus on water investing, with recommendations for five mutual funds and ETFs to consider. The news also covered the 10 most livable small and midsize U.S. cities for those looking for quality, affordable urban living.

In terms of business, the article discussed the need for business owners to review their buy-sell agreements, citing a recent tax case before the U.S. Supreme Court. The article also touched on growth investing and the promising secular trends in AI, life sciences, cloud computing, and digital payments. It also mentioned the economic calendar for the week and offered readers a free issue of Kiplinger Personal Finance magazine.

Overall, the news provided valuable insights into various investment opportunities and financial considerations, making it a useful resource for those interested in personal finance and investing.

Stay Well!