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  1. theDoors

    Labour chief fail to keep wage rise abreast of inflation

    FT policy may have helped widen income gap: panel - Yahoo! News Singapore Government policies to draw foreign talent into Singapore likely helped widen the income gap in Singapore, a study by the Institute of Policy Studies (IPS) found. "Rising tide of foreign workers almost certainly...
  2. theDoors

    Labour chief fail to keep wage rise abreast of inflation

    First world country, but not First World wages? Asiaone - S'pore firm offers Singapore has grown rapidly in the past four decades, achieving First World status in terms of economic growth. Tue, May 18, 2010 The Straits Times By Sue-Ann Chia, Senior Political Correspondent THE...
  3. theDoors

    Labour chief fail to keep wage rise abreast of inflation

    GST Hike: Helping the Sandwich Class by Ms Seet Cher Lui Stephanie Sengkang West Division of Ang Mo Kio GRC Assistant Secretary, Young PAP Dated : 14-02-2007 PAP - News & Stories Economic Climate on the Middle Class While the elderly and lower income groups will be better off with...
  4. theDoors

    Labour chief fail to keep wage rise abreast of inflation

    Title : Middle class wage stagnation could lead to social instability By : Date : 11 January 2007 1856 hrs (SST) URL : Middle class wage stagnation could lead to social instability - Channel NewsAsia SINGAPORE: Middle class wages have been stagnant in the past 5 years...
  5. theDoors

    Labour chief fail to keep wage rise abreast of inflation

    that is why I used the 4 room in 1973 cos it's 92 sqm. 80s 4 room flat is 103 sqm. 90s 4 room can as large as 115 sqm. Current 4 room shrunk to 90 sqm.
  6. theDoors

    Labour chief fail to keep wage rise abreast of inflation

    In 1973, a 4 room flat (92 sq m) is $15.5K a plate of chicken rice is 70 cents. a fresh poly grad pay is $400 pm. a minister pay is 3-4k pm, about 40K per year. In 2012 same flat is $300K. (19x) chicken rice $3.00 (4x) salary poly grad $1.4 to $1.8K pm (4.5x) minister pay...
  7. theDoors

    Labour chief fail to keep wage rise abreast of inflation

    The Straits Times The Straits Times Published on Apr 28, 2012 Printed from straitstimes.com Wages must rise faster with higher living costs: Minister Slow down income gap growth: Swee Say By Janice Heng The higher cost of living means that wages must go up faster, said labour...
  8. theDoors

    Currency wars

    In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currency war that had destroyed faith in the U.S. dollar. Today we are engaged in a new currency war, and this time the consequences will be...
  9. theDoors

    Vikram Nair's u-turn

    VN is such a good speaker... Every time he opens his mouth... he wins votes... He must continue talking... and talk more
  10. theDoors

    Minimum sum spin: People who can meet minimum sum increased

    Mainstream media is spinning again. 2009 49% were able to meet minimum sum 2011 45% were able to meet minimum sum The number of people who CANNOT meet minimum sum INCREASED.
  11. theDoors

    CPF Life drawdown age raised from 62 to 65

    CPF Life payouts are for life Annuity premiums and payouts at Govt's discretion and will vary, says minister. -myp Tue, Jul 21, 2009 my paper http://www.asiaone.com/print/Business/News/My%2BMoney/Story/A1Story20090721-156078.html Not even 5 years into the scheme, the payout has...
  12. theDoors

    CPF Life drawdown age raised from 62 to 65

    http://www.asiaone.com/Business/My%2BMoney/Planning%2BYour%2BRetirement/Investment%2BAnd%2BSavings/Story/A1Story20090914-167794.html
  13. theDoors

    CPF Life drawdown age raised from 62 to 65

    CPF Life scheme can do better ... 04:46 AM Mar 08, 2012 Letter from Tan Say Yin THERE are two negatives in the Central Provident Fund Life scheme: Low payouts and, especially, the uncertainty of the monthly quantum, which could fluctuate yearly depending on interest rates. And if the...
  14. theDoors

    CPF Life drawdown age raised from 62 to 65

    CPF just makan 36 months of payment!
  15. theDoors

    Asking $1000 family income to buy 2 room flat is brilliant

    Poverty has caught up with Singapore under LHL...
  16. theDoors

    Asking $1000 family income to buy 2 room flat is brilliant

    most of the old rental 1 and 2 room flats are sitting on prime land (eg Beo Crescent, Taman Ho Swee) in central areas... convincing the poor that home ownership is for their "own good", is an apolitical way of asking them to move out the prime land and for government to repo the land as to build...
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