TR EMERITUS

Nanyang Technological University economist Professor Lim Chong Yah is the latest to add his voice to the growing concern of income inequality in Singapore. More importantly, his calls for the raising of the income levels of low-income workers is another signal to the Government that the Workfare Income Supplement (WIS) Scheme... 

What goes up and never comes down? COE prices. Read the following while imaging that you are in the shoes of a 25 year old Singaporean, one who has recently graduated from a local university and gained one year working experience. In such time he has set aside a meagre amount of $10,000 towards buying his first car. While... 

"One of the architects of an economic restructuring exercise that overhauled Singapore's wage system in the late 1970s said on Monday that the country now 'needs shock therapy to wake up its economy'. Professor Lim Chong Yah pointed to growing income inequality, which he says is approaching dangerous levels, and the nation's...