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household income
Tong's Portfolio
Abolish AP for cars — the single most effective solution to reduce living costs
Lower car prices would disproportionately help lower-income households.
November 17, 2022
Singapore economy
Singapore's consumer price index declines across all household groups in 2H2020
The CPI level of households from the lowest 20% income group had the largest decline of 0.2% y-o-y.
January 28, 2021
Inequality
Making sense of data: Household income and expenditure, basic needs and inequality
When the lowest income households have higher expenditure than income, what does this imply about inequality and unmet needs? How do we put trends of mobile phone and aircon ownership in perspective? Ng Kok Hoe and Teo You Yenn offer insight into the late
August 13, 2019
Singapore economy
Median household income up 1.5% in 2017
SINGAPORE (Feb 8): The median monthly household income from work for Singapore resident employed households increased by 2% in nominal terms to $9,023 in 2017 from $8,846 in 2016.
February 08, 2018
State of the City
Do Singaporeans have an accurate sense of their wealth and well-being?
(July 31): When V Arumugam married in 1971, he was earning $200 a month working the front desk at a hotel. A few years later, his monthly pay increased to $500.
August 01, 2017
Singapore’s income gap narrowed in 2016 with growth of median household income
SINGAPORE (Feb 16): Not only was Singapore’s Gini coefficient, a measure of income disparity, the lowest in a decade at 0.458 in 2016 – it fell even further to 0.402 after adjusting for government transfers and taxes, according to Singapore’s Depart
February 16, 2017
Why an economic-centric focus for Budget 2017 is in order
SINGAPORE (Feb 8): UOB is forecasting an overall budget surplus of $6.7 billion for FY16 -- 0.9% higher than the Singapore government’s estimate of $3.4 billion -- on expectations of higher contributions from corporate and personal income taxes; motor v
February 08, 2017