The paradox of Singapore’s economic growth: Time & Income
By Abdul Gafoor, Social Correspondent n a typical economic growth model, the assumption that is made about an economy that grows from a low income to a higher income is that the economic growth will bring along positive growth their real incomes and their leisure time. Part of the growth in leisure time (each day is divided...
CPF Life – A Critical Analysis
By Damon Yeo, Business Correspondent The new CPF Life (aka the National LIFElong Income Scheme) is an overhaul to the entire CPF system and a change in the wamy CPF is providing for all its members. It will mark a massive shift of principles and ideology which Singaporeans had gotten used to after its inception in 1955. Before...
Third Most Competitive Nation in the World – What it means to the Average Worker
By Damon Yeo, Business Correspondent Singapore has moved two spots to number three in the recently published World Economic Forum (WEF) report on world competitiveness. Without any additional information and details, yes, Singapore deserves a round of applause. After all, it does mean that the Singapore economy is “able...
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