OPINION | Inflation woes and do Singaporeans only like talking about change but are too fearful of actually affecting the change? - Singapore News

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OPINION | Inflation woes and do Singaporeans only like talking about change but are too fearful of actually affecting the change? - Singapore News
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Last week, we discussed how there is no official poverty line in Singapore, making it harder for society to identify fellow citizens who need our support. This is in turn, juxtaposed by figures that indicate that Singapore had a 6.9 per cent increase in the number of ultra-high-net-worth individuals (UHNWIs) in the country while the number …

While Singapore retains the reputation of being an ultra-rich country, all that glitters is not gold. Just this week, a video capturing a woman begging for forgiveness after attempting tofrom a local car centre has gone viral, eliciting sympathy and criticism from netizens.

Inflation is currently at an all-time high globally, and unsurprisingly, it affects Singapore too. It also seems that inflation is not going away any time soon. With that in mind, shouldn’t the CPF plan for the future by factoring inflation in the OA by reviewing the computation of its interest rates?

According to a recent article, a report published on May 30 divulged that in 2022, the median price for private housing in the country was US$1.2 million . According to the report, Singapore had the. It also bagged the number one spot in the region regarding the most expensive places to rent private housing, according to the most recently updated Home Attainability Index by the Urban Land Institute Asia Pacific Centre for Housing.

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