Daily Archives: 2011-02-19

Budget 2011: Analysis snippets (Part 2)

by Leong Sze Hian I refer to the Budget Statement 2011. Singaporeans' wages grew 0.44% Although the Budget statement said: “Consider what happened to low-income Singaporean workers, at the 20th percentile of incomes. Their wages grew by about 23% in the last decade, or by 5% in real terms”, I see from Annex A that the real income growth was 4.5 per …

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About your landlord…

The article below is first published on Kenneth Jeyaretnam's blog on February 17, 2011. by Kenneth Jeyaretnam Today the Department of Statistics issued a press release* stating that the median monthly income from work among resident households had increased by 3.1% in 2010. They state the real increase as being 0.3%. Similarly median monthly income from work for employed households …

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