Singapore’s gross national debt is 6th highest in the world but no one is batting an eyelid.
As a percentage of GDP, Singapore’s gross national debt-to-GDP ratio is 131.19%. It is the 6th highest in the world (as of 2020) (source: IMF). However, no one is batting an eyelid or losing sleep over it. This is because Singapore actually owes nothing at all. The country does not borrow to spend. It borrows […]
Dilemma of a Food Delivery Rider
With the outbreak of COVID-19, businesses are scrambling to maintain a semblance of business continuity which enabled work-from-home arrangements as part of the new normal. As a result, gig workers like 23-year-old Mohd Rifqy become a crucial lifeline, delivering food and other supplies to people. Rifqy, who recently completed his national service, shared that working […]
NTUC has been lobbying and caring for Lower Wage Workers since 1961
The National Trades Union Congress (NTUC) has been championing workers’ rights over the past decades, since 1961. Things really took a change in 1969, during the 1969 Modernisation Seminar when NTUC decided to take on a more cooperative stance and work with the Government and employers instead of adopting a confrontational approach. On Singapore’s road […]