Be prepared for the economic impact
Many Singaporeans are worried about the Wuhan crisis. 100,000 have signed a petition asking the government to stop the entry of people from China. The govt has now implemented this temporary ban. They are now asking for temperature checks for travelers visiting from Johor. I hope that our people are prepared for the economic...
A job quality index would give the true underemployment situation
Anyone who has learned Economics 101 knows the Philipps Curve. It’s about the relationship between inflation and unemployment. Western central banks have been applying this theory to their economic thinking. In the US, this relationship no longer applies. This is because by a new index named the Jobs Quality Index (JQI), the...
Rather than invoke POFMA, wouldn’t it be better if MOM can come out and clarify?
In the recent POFMA episode directed at SDP, the government claims there are factual errors on the SDP’s part as it states that the number of local PMET’s has been increasing not decreasing. But let’s drill down a little into that blanket surface claim. As of end 2018, Singapore demographic data states that there was...
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