TR EMERITUS

Leong Sze Hian I refer to the Energy Market Authority’s (EMA) reply “Power tariff increases in line with fuel prices: EMA” (Straits Times, Apr 7) to my letter Power tariff peg to fuel prices raises question over latest hike” (Straits Times, Apr 3). It states that: “While Singapore is a price-taker when it comes to... 

The current turmoil that embroils the world's economy has disrupted more than just markets, it has exposed the grotesque underbelly of society where the rich have been allowed to run away with much of the wealth, leaving the vast majority in difficulty. While one percent of the world's wealthiest families own nearly 40 percent... 

Thanks to Leong Sze Hian, we now know that real median 'Take-home' income growth for Singaporeans in 2011 is -0.6%. About 2 months ago (31 Jan), the Ministry of Manpower (MOM) has released its report, "Employement Situation 2011" to the public [Link]. In the report, MOM said that, supported by strong employment creation,...