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Inequality

Inequality

Singapore's poorest households spending more than they earn: SingStat data

SINGAPORE (July 31): Singapore’s overall average monthly household income has risen 2.4% since half a decade ago in 2012/13, but the bottom 20% of households in the city state might be feeling even poorer than before.

Inequality

Being in debt makes you more stressed, prone to errors: study

SINGAPORE (June 28): Cutting chronic debt can help reduce stress and help improve decision-making processes, according to a study.

Inequality

Cutting number of debt accounts slashes stress, improves decision-making

SINGAPORE (July 1): For Madam Rose (not her real name), 2015 was not a good year. She was in the midst of a divorce and worried about obtaining custody of her three children. She had no income and was saddled with debt incurred by her former husband. He n

Inequality

Philanthropy is not enough to sustain Asia's growth

SINGAPORE (June 21): Amid escalating geopolitical tensions and uncertainty over global growth, there is one region presenting hope and opportunity: Asia. The International Monetary Fund expects it to grow 5.6% this year, accounting for two-thirds of globa

Inequality

$1,379 – that's how much an elderly person needs to survive in the world's most expensive city

SINGAPORE (May 22): Just how much does a single, elderly person aged over 65 years who lives alone in Singapore need to cover his basic needs?

Inequality

Insecure about food in a food paradise

Despite substantial support by community and other welfare organisations, there are people in Singapore who are not sure where their next meal will come from. The lack of information and poor coordination have led to an inefficient allocation of resources

Inequality

Reusable consumer products multiply, but only for the wealthy

SINGAPORE (Mar 11): If you want to be an eco-friendly consumer, you do not have to look hard to find companies that will help you swap everyday items made from fossil fuels for a greener alternative. But the average American just cannot afford them. As mo

Inequality

Banks cannot ignore the US$23 tril market for doing good

SINGAPORE (Mar 11): When British housing association London & Quadrant needed a £100 million ($178.3 million) loan last year, its bank offered something unusually generous: a discount on interest if L&Q met an annual target of helping 600 unemployed resi

Inequality

Wages are a poverty issue

SINGAPORE (Jan 28): It is very hard to be critical in a very serious manner in Singapore because this is one of the few governments that are actually not corrupt and have a civic responsibility in mind. It is fairly rational — sometimes coldly rational.

Inequality

The case for inclusive growth

Economic inequality is rising, and fast. The consequences could be catastrophic — politically, economically and socially.
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