TR EMERITUS

According to the updated UBS study 'Price and Earnings' released in August last year, Singapore is now the 9th most expensive city in the world (if rents are included). It is the second most expensive city in Asia after Tokyo. (download full study here) Heading the list is Oslo, Zurich, Geneva, Tokyo and Copenhagen. However,... 

Despite the heavy dose of propaganda in the mainstream media exulting the 'spectacular' performance of Singapore's economy which grows by an almost 'unbelievable' 14.7 percent last year, the gains from the growth aren't quite transferred to the pockets of ordinary Singaporeans. According to the latest release from the Manpower... 

When Mr Goh Chok Tong became the second Prime Minister of Singapore in the 1990s, he promised Singaporeans that we will attain the "Swiss standard of living" within a decade. In 2001, during the National Day Rally, Mr Goh said: "I was also quietly satisfied that we realized our vision of reaching the 1984 Swiss standard of living...