Record household net worth in Singapore – Is it time to celebrate?
Anyone read this article in ST Nov 26, 2010, A12, entitled Household Net Wealth at all-time high by Francis Chan quoting MAS annual Financial Stability Review?. Opening comment read: "Soaring property valuations have sent the net wealth of household rocketing to an all-time high of $1.36 trillion in the third quarter of this...
Singapore Report Card – An analysis of the PAP government
Goh Chong Tong said that Singapore's Productivity averaged 1% for the last 10 years. Yet the first of about 2.5 - 3 years of his Premiership was also part of the 10 years he spoke of the low productivity? Did he forget or was he "daft" and didn't realise it? As he handed his PM seat to Lee Hsien Loong in 2004! All these things...
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...
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