The “mirage” of poverty in S’pore?
ES sent me the following extract of a SPEECH BY (the then) BRIG- GEN ( RES ) LEE HSIEN LOONG, MINISTER OF STATE FOR DEFENCE…
Economy
ITE real starting pay minus 28% last 15 years?
After writing “ITE, poly fees up: Bursary $25 monthly?” (Dec 9), I was curious as to whether real starting salaries have increased, since fees have…
GDP-ism: What next for S’pore?
Growing GDP? I refer to the article “Moving Asia beyond GDP-ism” (Straits Times, Dec 8). It states that “A lot of growth, however, has been…
CPF: Low retirement adequacy?
CPF payouts insufficient for retirement? I refer to the article “CPF payouts ‘fall short for higher-income earners’” (Sunday Times, Dec 6). Lower income better off? It…
Real income increased 1.5% p.a. last 14 years?
Real incomes rise I refer to the article “Real incomes rise in Singapore amid tight labour market: MOM report” (Channel NewsAsia, Nov 30). 20th percentile…
High household debt, public debt, private debt?
High household debts to GDP? I refer to the article “Singapore household debts swell to 77 pc of GDP, Moody’s downgrades top three banks to…
Only 2.8% of union members are lower-income?
U Care Fund helped 24,922 union members I refer to the article “More NTUC members benefit from U Care Fund” (Straits Times, Nov 30). It states…
Only 3.4% of Singapore Savings Bond subscribed?
Only 3.4% of Singapore Savings Bond subscribed? I refer to the article “Demand for Singapore Savings Bond falls sharply in 3rd issue” (Channel News Asia,…
GIC return 6.1% vs median pension fund 8.5%?
I refer to the article “Many unhappy returns” (The Economist, Nov 21). Median pension fund return – 8.5%? It states that “Over the past five…
Review taxes to spend more on welfare?
Review tax system to generate funds for growth, social programmes I refer to the article “PwC calls for tax system review to generate funds for…