Economic inequality is a hot topic in the election campaign. But how has inequality actually developed during Mette Frederiksen’s (S) tenure as Prime Minister, and what drives this development? Let’s ...
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[SINGAPORE] The wealthiest 1 per cent of resident households in Singapore hold about 14 per cent of the Republic’s total household wealth, while the top 5 per cent holds about 33 per cent, Senior ...
The government has made its best effort by combining survey data from the Household Expenditure Survey (HES) with administrative records and has progressively improved the coverage and quality of the ...
Add Yahoo as a preferred source to see more of our stories on Google. The Finance Ministry's occasional paper found that the city-state’s wealth inequality was higher than its income inequality.
SINGAPORE – For the first time, the Government has published a measure of wealth inequality here, and it is higher than income inequality. This is according to the Ministry of Finance (MOF) in an ...
Singapore’s income inequality fell to a record low last year amid lingering cost-of-living concerns, with Prime Minister Lawrence Wong pledging to reduce the gap further. The city-state, one of the ...
SINGAPORE – Income from streams other than employment will be factored into the Government’s annual household income trends report going forward, the Department of Statistics (DOS) said on Feb 9. The ...
The first set of official wealth data shows that property and CPF savings form the bulk of assets across all wealth groups [SINGAPORE] The wealthiest 20 per cent of resident households in Singapore ...
SINGAPORE: The median monthly household income in Singapore rose to S$12,446 (US$9,250) last year, up from S$11,558 the year before, an increase of 6.8 per cent after adjusting for inflation. After ...
Add Yahoo as a preferred source to see more of our stories on Google. Singapore’s Gini coefficient for wealth is estimated at 0.55. (ST PHOTO: LIM YAOHUI) SINGAPORE – For the first time, the ...
In the middle of the ongoing cost of living crisis, exorbitant displays of wealth are back. Since the beginning of his term in January, US president Donald Trump has been literally bringing the gilded ...
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