Entries From Category: 'Singapore Politics & Economy'
“…In line with Mr Goh’s (former Singapore Prime Minister) call to build a gracious society, the Singapore Kindness Movement (SKM) aims to encourage Singaporeans to make a positive commitment to gracious living through simple acts of kindness in their daily activities” – Singapore,2009
Singapore has a strange ability to launch very weird (educational) campaigns with a serious background on a more then humorous level.
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Singapore’s overall unemployment rate averaged 2.3 percent in 2008, up from 2.1 percent in 2007. The country aims to keep its unemployment rate below 5.2 percent in 2009
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With the G20 leaders in the country we thought it was worth getting a snapshot of how much the highest paid presidents and prime ministers around the world earn. For comparison’s sake all earnings have been converted into dollars. It also shows basic annual salary only, not the expenses claimed on top.
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Once an Asian economic success story, Singapore is now officially in recession. Its decline has come as a shock to many Singaporeans, who now face job losses and pay cuts. Hundreds of thousands of foreign workers may also be forced to return home.
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Half a million foreigners moved to Singapore between 2003 and 2008, many of them wealthy. Boston Consulting Group found in a recent study that 10% of Singapore’s residents have investible assets of $1 million or more, the densest concentration of millionaires in the world, and more than twice the ratio in the U.S.
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Singapore plans to invest 18 billion to 20 billion Singapore dollars ($12 billion to $13 billion) in infrastructure projects this year, China’s Xinhua news agency reported Monday, citing a government official.
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Singapore will be Southeast Asia’s weakest economy, shrinking nearly 5.0 percent this year, while Thailand faces its worst recession in 11 years, reflecting a collapse in exports across Asia.
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