Economics

Low levels of welfare makes UBI expensive to implement in Singapore
By The Online Citizen Published on by The Online Citizen 0

by Chris Kuan At the Future of Singapore (FOSG) forum on the economic and social causes of poverty, a Finnish exchange student asked Yeoh Lam Keong, former GIC chief economist about his opinion regarding the Universal Basic Income (UBI) which is undergoing an Read More

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How your parents’ income ultimately affects yours
By The Online Citizen Published on by The Online Citizen 0

by SingSaver.com.sg It’s a simple fact that your parents’ income has a huge impact on yours, as wealthier parents can give you more advantages. Here’s why. Minister for Social and Family Development Tan Chua Jin recently talked about the new KidSTART initiative. This is a programme Read More

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Arguments for minimum wage by Prof Lim sound and clear
By The Online Citizen Published on by The Online Citizen 0

Sharing the video of the interview of Professor Lim Chong Yah by Channel News Asia, Former GIC Chief Economist, Mr Yeoh Lam Keong agreed with Prof Lim’s points about minimum wage, saying that Prof Lim has set out the arguments for the need Read More

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One-billion dollar innovation fund launched to drive enterprise growth for future economy
By Martha Soezean Published on by Martha Soezean 0

Innovators and enterprises in Singapore will soon benefit from a range of new initiatives that helps them translate their ideas into assets. This includes the launch of a one-billion dollar Makara Innovation Fund (MIF) by the Intellectual Property Office of Singapore (IPOS) and Read More

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Singapore’s service sector grew in 4Q, economists remain cautious
By Martha Soezean Published on by Martha Soezean 0

Compared with fourth quarter 2015, overall business receipts grew by 0.5 percent in the fourth quarter of 2016, as data from the Department of Statistics Singapore (Singstat) showed yesterday (27 Feb), but economists remained cautious in their outlook for the sector. Positive growth Read More

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Singapore and China to jointly form expert panel for Sino-Singapore Tianjin Eco-city
By Neyla Zannia Published on by Neyla Zannia 0

Singapore and China have agreed to jointly form an expert panel to look into development strategies of Sino-Singapore Tianjin Eco-city as more people and companies relocate to the Eco-city. The Sino-Singapore Tianjin Eco-city is a bilateral collaboration project between Singapore and China located in Read More

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MAS establishes council to review Singapore’s Code of Corporate Governance
By Martha Soezean Published on by Martha Soezean 0

The Monetary Authority of Singapore (MAS) announced on Monday (27 Feb), that it has set up a Corporate Governance Council to review the Code of Corporate Governance (CG Code). The Council will be chaired by Mr Chew Choon Seng, former Chairman of the Read More

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Lawrence Wong: Companies must think global from the beginning
By Martha Soezean Published on by Martha Soezean 0

The current economic uncertainties gives Singapore companies no choice but to think regionally or globally from the start, said Minister for National Development and Second Minister for Finance Lawrence Wong. “You could say that it’s a handicap or disadvantage but in a way, Read More

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Contact Singapore to discontinue alliance with EDB and MOM starting from 1 April
By Neyla Zannia Published on by Neyla Zannia 0

The Economic Development Board (EDB) and Ministry of Manpower (MOM) will discontinue the Contact Singapore alliance starting from 1 April, according to emails sent to its subscribers on Tuesday (21 February) night. One of the aims of Contact Singapore is to help engaging overseas Singaporeans Read More

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MTI : Singapore and UK renews bilateral Economic and Business Partnership
By Neyla Zannia Published on by Neyla Zannia 0

Ministry of industry and Trade (MTI) has announced that Singapore and the United Kingdom (UK) have renewed the bilateral Economic and Business Partnership (EBP) on Tuesday (21 February), saying that the partnership paves the way for greater economic cooperation and new business opportunities Read More

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