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Archive for the ‘Economy’ Category
Singaporeans 2nd richest in Asia?

Singaporeans 2nd richest in Asia?

 Recently the Singapore Straits Times reported proudly : “SINGAPORE ranks fourth globally and second in Asia Pacific in terms of average personal wealth, according to the inaugural global wealth report by Credit Suisse Research. Average wealth per adult in Singapore has grown strongly in the last decade, rising from US$105,000... 

Global economies heading for turbulence (UPDATE 8)

Global economies heading for turbulence (UPDATE 8)

A tumultuous week has just swept the US political economic landscape and metals market since my last write up of 15 October 2010 http://global-economies-outlook.blogspot.com/2010/10/update-7-global-economies-heading-for.html Update 7, Global economies heading for turbulence, renewed risks of sovereign debt crisis, currency “war”... 

The mood of a nation – commentary by PN Balji

The mood of a nation – commentary by PN Balji

I found PN Balji's commentary and analysis (Today 3rd Nov 2010) has identified correctly some of the concerns of Singaporeans. However the article could have been a little more in depth - in particular the impact of the influx of cheap foreign labour on productivity as a whole and in the depression of wages especially for... 



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