The late Mr Lee Kuan Yew’s old house at 38 Oxley Road was in the limelight for the past few days as Singaporeans watched the FamiLEE drama unroll. But family/political disputes between our Prime Minister and his siblings might not be on the top of Singaporeans’ list of concerns. Despite the reported economic rebound, Singapore’s economy is still under the pressure of falling consumer spending, rising unemployment, rising pay gap (wages growing faster than productivity), as well as rising household debt to GDP ratio.
Pessimism lingers in the air as Singapore’s job market remains challenging. One can notice that not only fresh grads but everyone who is concerned with money, face a growing sense of insecurity.
Forget about demanding at least average starting salaries. According to recruit firms, those who are fresh out of school seem to be more willing to settle for a smaller paycheck.
At the start of the week, I came across an article which made my “Monday blues” feel bluer than usual. The title of the article is “HSBC Gives 5 Reasons Why Millennials Can Forget About Retirement”.
“I believe the future belongs to Artificial Intelligence (AI),” wrote 19-year-old Chinese Go prodigy and current world number one player Ke Jie on his Weibo before his showdown against AlphaGo, the artificial intelligence programme developed by Google’s DeepMind team.
During the recently concluded Shares Investment Conference (SIC) 1H2017, renowned investment expert and author Dr Chan Yan Chong talked about how to reach investment paradise.
Everyone needs air, water, food, shelter…and education for survival. In developed societies, education is even seen as a basic human right, and in Asian societies such as China, Korea and Singapore, education is the most tried and tested way to success.
During the Shares Investment Conference (SIC) 1H2017 in May, our speakers were asked about their outlook on China’s stock market, to which CMC Markets Analyst Margaret Yang gave a piece of surprising advice.
Is a $2, 000/ month salary pathetic? You might call it mediocre. According to the Ministry of Manpower, the median gross monthly income from the work of full-time employed residents (including employer CPF contributions) is $4, 056.
During the recently concluded Shares Investment Conference (SIC) 1H2017, our speakers had a panel discussion where important questions from the audience were discussed. We will be sharing the responses of the speakers in this article and the subsequent ones.