Is Singapore’s high household debt to income ratio alarming?
I refer to the article “Household debt: The no-longer-managings” (The Economist, Aug 26). UK 2008-09 household debt to income ratio 150% It states that “On the eve of the financial crash of 2008-09, households were up to their necks in debt. On average they owed 150% of their income, with three-quarters of liabilities...
No Glory without Effort
I watched in awe and admiration at the boys and girls, men and women from South East Asia who have sacrificed so much to represent their respective countries in the SEA Games 2017 in Kuala Lumpur. In order to reach this level of their respective sports, they would have had to very, very hard to be able to represent their countries. In...
The whole world comes as tourists to look for jobs?
How did we decide “on the fine balance in deciding” how many Singaporean job seekers to leave behind? I refer to the article “Adult education system has to evolve to ‘get tomorrow’s jobs for today’s Singaporeans’: Chan Chun Sing” (Straits Times, Aug 26). It states that “Singapore has to keep evolving its adult...
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