Monday, March 27, 2017

Personal reference - Soi 55 Thai Milk Teas

Thai Iced Milk Tea shop Shop Soi 55 has gone from humble hawker stall at Golden Shoe to a dedicated Thai beverages and bites shop at One Shenton Way. They have also just opened another outlet at No 51 Ang Mo Kio Avenue 3. WOW. I remembered the one day during 2014 when I went down to the Golden Shoe Market intending to feature the uni-grads turned ‘hawkers’, behind the local start-up which was probably one of the first to sell Thai Iced Tea in a food centre.

The Thai beverages gained popularity with the CBD executives, and the owners eventually had to find a bigger space – at One Shenton Way (the building next to Asia Square, opposite SGX, diagonally opposite Lau Pa Sat). Its other branch is at The Cathay. The shop is so named due to the famous Sukhumvit Soi 55 street known for its exciting nightlife and cafe culture. 55 is also pronounced as “Haha” in Thai, a sign of laughter and joy.

If you haven’t realised, their Thai Iced Milk Tea has got a level higher, both in terms of aesthetics (can customise now) and taste (further fine-tuned). Making this probably one of the most instagrammable Thai Milk Teas in Singapore.

Here are some of the To-Order at Soi 55:

Not many people actually knows Soi 55 serves food now. Only available at the One Shenton outlet, the Thai Kebab with fillings of chicken with special Thai Green Curry sauce is quite legit.

Crisp outer layer, and warm satisfying fillings, mildly spicy. Works great as a grab-and-go meal, better than some boring sandwiches if I may say.

Soi 55 – One Shenton Way
1 Shenton Way, Singapore 068803 (Raffles Place, Downtown MRT, building behind Asia Square)
Opening Hours: 7.30am – 5pm (Mon – Fri)

Soi 55 – Ang Mo Kio
No 51 Ang Mo Kio Avenue 3 #01-02A “51@AMK” Singapore 569922 (Ang Mo Kio MRT)

Soi 55 – The Cathay
The Cathay Level 5, 2 Handy Road Singapore 229233 (Dhoby Ghaut MRT)
Opening Hours: 2pm – 9:30 pm (Mon – Thurs), 11am – 12am (Fri – Sat), 11am – 9:30pm (Sun)

Tuesday, February 28, 2017

AXA Shield Standard Plan - Your no-frills companion to MediShield Life - Call +65 9151 9924 NOW!

If you are looking for a medical insurance plan that provides additional cover on top of MediShield Life, but up to Class B1 wards in public hospitals, opt for AXA Shield Standard Plan and the complementary optional rider AXA Basic Care.

AXA Basic Care Rider
Get protected from the first dollar up.

👉 For all Shield plans in Singapore, including MediShield Life, whenever there is a claim, there is a deductible and a co-insurance component that you will have to pay for. In order to get reimbursed for these components, get protected with AXA Basic Care Rider.

*This rider is not payable by Medisave

For more information, do contact me at +65 9151 9924 for an free consultation today. 

AXA Shield Standard Plan
Provides coverage on top of MediShield Life to ensure you are better protected.

👉 Key Benefits of AXA Shield Standard Plan:
👉 Additional coverage targeted at Class B1 wards in public hospitals on top of MediShield Life coverage
👉 No maximum entry age
👉 Guaranteed renewability and lifetime cover, with an annual claim limit of S$150,000
👉 Letter of Guarantee (LOG) for hospitalisation, up to S$15,000 at public hospitals

*Payable by Medisave

MediShield Life
You are already protected by MediShield Life if you are a Singaporean or Permanent Resident.

👉 Compulsory for all Singaporeans and Permanent Residents
👉 A basic health insurance plan, administered by CPF Board, sized to provide protection against large hospital bills in Class B2/C wards all Singaporeans and Permanent Residents for life, including those with pre-existing conditions.

*Payable by Medisave

For more details on MediShield Life, please kindly refer to

Find out more about our AXA Shield Standard Plan:

I will be glad to be at your service to assist you in any of your financial planning and investment opportunities. My contact information are as follow:

Jacky Goh
Senior Financial Planner
Mobile: +65 9151 9924

Monday, January 9, 2017

Interest Rates – Where Are We Going?

We live in a new world where some developed countries such as Switzerland and the Euro nations face negative interest rates. If I had written and submitted a paper on negative interest rates when I was an Economics student, I would have very likely received a Fail grade from my University professor. Simply because negative interest rates were unheard of and didn’t seem to ‘make any sense’ at that point of time.

But in the US, the Federal Board has moved in the opposite direction, raising the interest rates by 0.25% in December 2015. As long as the economy continues to grow and the employment rate improves, there will be more interest rate hikes to come. There’s bad news for those who have loans in Singapore, our loan rates tend to follow the US interest rates’ direction. In fact, our loan interest rates have risen since the beginning of 2015 in anticipation of the US rate hikes.

The not-so-bad news is that Singapore loan rates are expected to rise at a gradual pace in line with the US rate hikes. This is because the global economy is still in a recovery stage, especially for Japan and the European nations. For consumers or businesses that have debts, the gradual rise in rates gives them time to lower their debts downwards so as not be caught out by the higher debt costs. For those who are savers, your savings rates will likely improve over time.

Whether you are a debtor or a saver, you may be looking around the various financial institutions to refinance your loans at the lowest rates possible, or finding places to earn better returns from the current paltry bank deposit rates. We wish you all the best in managing your finances in this new period of rising interest rates.

Above article is by Ernest Low who holds an MBA from University of Liverpool and is the Head of Investment & Wealth Management with AXA Life Insurance Singapore. He has also written a money management book for kids called Starting Small Finishing Rich.

If you need any financial advise and consultation on any products from AXA, do contact me at +65 9151 9924 (Jacky Goh) for more information. I will be glad to serve you with no obligation, so that you can have a better understanding on how to manage your financial in a good way.