Don’t focus solely on GDP growth, NMP says

Jul. 24 | Wong Chun Han - Used under Creative Commons licence Singapore should cut its focus on economic growth and measure its progress with socio-economic indicators apart from the gross domestic product, a nominated member of parliament said Monday. “The changed...

PMETs and degree holders among hardest hit by weak labour market

Dec. 16 | Leong Sze Hian Despite a slight increase in GDP in the third quarter of this year, Singapore’s labour market, as well as the earnings and productivity of resident workers have not recovered. A report released yesterday by the Ministry of Manpower reveals...

Re-evaluating the Singapore story

Oct. 12 | Alastair Su In February last year, French President Nicholas Sarkozy called for the re-evaluation of the Gross Domestic Product (GDP) as the primary method to measure a country’s living standards. (Left: HDB flats in Ang Mo Kio, Photo Credit: Timmo...

It does get worse

Apr. 17 | Despite the mainstream media’s spin, chances are that things will get worse The advance estimates of GDP figures released by the government on 14th April underscored the deteriorating economic situation in Singapore.  The government had to revise –...