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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
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Daily Cuts - More EC units resold for profit of at least $1 million in 2024 – How profitable is the market?

According to PLB Research data, the number of executive condominium (EC) units resold for at least $1 million in gross profit more than doubled to 38 in 2024, from 15 in 2023. Andrea Heng and Hairianto Diman look at the probability of the EC resale market and how it stacks up against the condo resale market with Prof Sing Tien Foo, Provost's Chair Professor, Department of Real Estate Business School, NUS

Resume Pause 14 mins
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Daily Cuts - Japan's worst wildfire in half a century spreads

A massive wildfire in northeastern Japan has expanded, putting more homes at risk. Some 2,000 firefighters from across the country have been deployed to O-funato city in Iwate Prefecture to battle the blaze that has been raging for more than five days. Andrea Heng and Hairianto Diman examine the possible triggers of the fire in that area with Samuel L. Manzello, Visiting Professor, Institute of Fluid Science, Tohoku University

Resume Pause 9 mins
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Daily Cuts - Trump tariffs on Canada, Mexico and China snap into effect

The US's top three trading partners China, Canada and Mexico are rolling out retaliatory levies on a wide range of products.  Observers say the tit-for-tat moves have consequences for consumers, economies and financial markets. Does this spell the beginning of a trade war? Andrea Heng and Hairianto Diman find out from Dr John Donaldson, Assoc Professor of Political Science, School of Social Sciences, SMU

Resume Pause 14 mins
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Daily Cuts - Coffee prices are at a 50-year high – What’s the impact on the supply chain?

A New York Times article reported that while coffee prices are at a 50-year high, producers are not celebrating. They have to contend with the high production costs and the unstable supply of coffee beans due to the erratic climate conditions. Andrea Heng and Hairianto Diman speak with Ahmad Hidayat, Founder, Kopiboy.sg to learn more about the impact of the rising prices.

Resume Pause 11 mins
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Daily Cuts - Kanpai! Sake travels all around Japan

In ‘Destination Anywhere’, Melanie Oliveiro speaks with Singaporean Master Sake Sommelier, Ow Yang Jian Hao, about his travels around Japan working directly with breweries and trying the many rich varieties of sake there.  He’ll describe his trips to Kobe, Tokyo & Kyoto and talk about the recommended places for sake in these regions. Jian Hao will also highlight traditional and modern-day trends: from the kimoto style of sake brewing - which is the second-oldest brewing method - to how artificial intelligence is used to choose the perfect sake for your tastebuds.

Resume Pause 16 mins
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