An anonymous graduate wrote in to SGWhispers to share that they have been offered $3k for an office executive job. This means a $2.4k take home pay after deducting CPF….
MAS Lost $7.4 Billion, What Are They Not Telling Us?
[Contributed by Tang] It has just been reported that the Monetary Authority of Singapore (MAS) recorded a loss of S$7.4 billion in the last financial year. The MAS director said…
Housing Loan Rates Hit New High, While Interest For Deposits Stay Stagnant
It was just in the news that housing loan rates in Singapore hit a new high, with UOB’s 3-year fixed rate home loan package exceeding 3%. DBS also raised their…
Lawrence Wong: I Understand your Worries But GST Hike is Necessary
Costs are rising but PAP will go ahead with the GST hike. Finance Minister Lawrence Wong spoke about inflation today and announced a $1.5 billion support package for Singaporeans. He…
MOM: Most Workers in Singapore Enjoyed Pay Hikes Last Year
The Ministry of Manpower reported that 7 in 10 workers in Singapore saw a pay hike last year. This applies to people who have stayed in the same company for…
Luna’s Collapse: A Cryptocurrency and Economic Reality Check for Singapore
More than greed, it’s financial insecurity that drives speculative investment behaviour.
Is It True the Government Can’t Do Anything About Rising Fuel Prices?
If expecting handouts and subsidies is too much to ask for, then the very least we expect is for our financial burdens from price inflations on petrol, food, and daily necessities not to be further exacerbated.
Russia’s War in Ukraine and Local Inflation: Why Singaporeans Should Care.
Singapore has seen a ten-year high in inflation and consumer price spikes in March 2022. Much of this has been attributed to external inflationary pressures such as supply chain disruptions…
UK Cuts Fuel Tax to Help Citizens While PAP ‘Monitors the Situation’
UK announced an immediate cut on fuel tax to help citizens cope with rising living standards. The government will absorb the cost for a year. Its Finance Minister Rishi Sunak…
66 Year Old Retiree: Better to Die Young as Gov Keeps Increasing Prices
We are in the middle of a pandemic but PAP wants to raise prices again. Transport fares increased in Dec 2021. Electricity and gas tariffs are going up in early…