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Tong's Portfolio
Printing money causes wealth inequality
Rising asset prices disproportionately benefit the rich, which own-control the majority of the world’s real and financial assets.
May 26, 2022
Tong's Portfolio
Making profits from sales is about costs and price elasticity of demand
Clearly, the price elasticity of demand depends on the availability of substitutes and alternative suppliers.
March 17, 2022
Tong's Portfolio
Part 3: Why Bursa is a chronic underperformer ... low productivity and too many low-paying jobs
It is a common lament, that wages are just not keeping up with inflation and rising cost of living.
February 24, 2022
Budget 2022
CPF BRS to be raised by 3.5% per year from 2023 to 2027, older workers see increase in contribution rates
If you are turning 55 from 2023 to 2027, find out what your CPF Basic Retirement Sum will be here, in light of Budget 2022.
February 18, 2022
Budget 2022
Salary requirements for new S and E pass holders to increase from Sep 2022
Employers who wish to hire foreign workers will soon face a higher minimum qualifying salary to bring them in.
February 18, 2022
Budget 2022
More help for lower-wage workers, with Workfare payouts increased
Low wage workers will soon get more help, with the government helping businesses to co-fund their wage increases till 2026.
February 18, 2022
Labour market
Better GDP numbers belie uneven labour market across industries
Can you expect a pay raise this year, with the economy on the way to recovery? Well, it depends on the industry you work in.
February 14, 2022
In print this week
Labour is lowly paid but not underpaid in Malaysia
(May 13): With the one-year anniversary of the Pakatan Harapan-led government now in the rear-view mirror, one thing is certain — much more remains to be done. In particular, the issue of the rising cost of living continues to top surveys as the biggest
May 13, 2019
In print this week
Infrastructure developments the gateway to job creation and economic growth
SINGAPORE (May 13): The expansion of the construction sector for the first time in 10 quarters has provided relief to Singapore’s GDP. The sector grew 1.4% in the first quarter of the year, following a surge in non-residential developments as well as a
May 13, 2019