Logo
Advertisement
Advertisement

Daily Cuts - Singapore median monthly household income exceeds $11,000 in 2024

Daily Cuts

Median monthly household income from work in Singapore rose to S$11,297 in 2024 from S$10,869 in 2023, or by 1.4 per cent in real terms after adjusting for inflation. Meanwhile, the Gini coefficient – which measures income inequality – was 0.364, lower than the 0.371 in 2023, and the lowest since records began in 2000. Andrea Heng and Hairianto Diman assess the significance of the figures and what they reflect about Singapore’s income position with Professor Sumit Agarwal, Professor of Finance, Real Estate and Economics, NUS Business School

Resume Pause 12 min
Bookmark

Daily Cuts - Budget 2025: Parents having their third child or more get further funding

For each third and subsequent child born from Tuesday (18 February), Singaporean parents will receive up to S$16,000 more in financial support under a new scheme for large families. Andrea Heng and Hairianto Diman look at the extent these measures will encourage parents to have more children.

Resume Pause 18 mins
Bookmark
Bookmark

Daily Cuts - Trump tariffs make currency trading cool again after years of decline

Following U.S President Donald Trump’s return to office and his announcement of imposing tariffs, currency trading is back in the spotlight. It went largely out of style in 2008, after the global financial crisis when central banks began altering interest rates in sync. Andrea Heng and Hairianto Diman look at how Trump tariffs have driven up interest in currency trading again, and the currencies that stand to benefit.

Resume Pause 11 mins
Bookmark
Bookmark

Daily Cuts - Budget 2025: How families could benefit

Singapore Today's Lance Alexander speaks with Chong Ee Jay, a working dad of 1 and Lydia Lim, a working mum of 2, about how certain Budget 2025 policies could support families with their expenses.

Resume Pause 17 mins
Bookmark
Bookmark

Daily Cuts - Budget 2025: How local business transformation could benefit

Singapore Today's Lance Alexander speaks with Kok Ping Soon, CEO, Singapore Business Federation and Ang Yuit, President, Association of Small and Medium Enterprises, about how Budget 2025 policies could benefit business transformation this year.

Resume Pause 17 mins
Bookmark
Bookmark

Daily Cuts - Budget 2025: How our economy could benefit

Singapore Today's Lance Alexander speaks with Heron Lim, Assistant Director and Economist, Moody's Analytics and Geoff Howie, Market Strategist, SGX, about what the new Budget announcements could mean for Singapore's economic outlook in 2025.

Resume Pause 21 mins
Bookmark