
Are Singaporeans overstretched?
Earlier this month, MAS reported that Singapore home loan growth rates were slowing, but that households were still vulnerable to high debt burden. The fact that households’ debt, currently standing at 151% of our annual income, is growing is not surprising, given that home prices are persistently increasing and home loans...

The more Baey tries to explain, the murkier the outcome
One word to describe the Baey Yam Keng Nasi Padang saga. Typical. Indeed, it's very typical of the PAP these days. It cannot seem to admit wrong when staring wrong in the face. And yes too, that it is turning out into a saga simply because he keeps trying to wriggle out of the shit he knows he has gotten himself in. Let's...

Transport fare hike early next year?
From 2006 to 2013...in the last seven years do you know how much our transport fares have increased? 0.3%. It has almost remained the same. Even though it increased for some years, during the 2008 financial crisis, it was reduced. In the past year, there was no change in the fare. - Minister without Portfolio, Mr S Iswaran...
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