Daily Archives: 2017-01-08

Returning to “honest politics” of Singapore?

By Chris Kuan Channel News Asia reported "To tackle social and political issues, return to ‘honest politics’: DPM Tharman". My sparring partner, Cynical Investor cheekily inferred "A reasonable reading of what the headline implies is that Tharman is saying that the PAP has to return to “honest politics” to “tackle social and political issues”, which in turn implies that the PAP …

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Record household debt: Economic model not sustainable?

Study on Household Debt in Singapore I refer to ValuePenguin’s article “Household Debt in Singapore – Trends and Causes Analyzed”. Household debt is growing dramatically It states that “household debt is growing dramatically as a percent of household assets. Such trend was especially true for personal loans and credit card debt, which now account for over 22% of total household …

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Average household debt in Singapore by loan type

By Value Penguin Singapore media has been writing alarming reports about rising level of debt in Singapore. In order to help our readers truly understand this topic’s main issues, we have researched this topic in depth. Our analysts found the average debt per Singaporean household to be S$54,285 per capita. Combined data from the Department of Statics Singapore and other …

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Household Debt in Singapore – Trends and Causes Analyzed

By Value Penguin In our study of household debt in Singapore, we’ve explored household debt trends in Singapore. One key finding of our study was that household debt is growing dramatically as a percent of household assets. Such trend was especially true for personal loans and credit card debt, which now account for over 22% of total household liabilities in …

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