$15.1b budget surplus reflects uncertain economy, cyclical windfalls: Economists
SINGAPORE – Singapore’s unexpectedly large budget surplus of $15.1 billion for 2025 reflects increasing volatility in the global…
Singapore’s richest hold more wealth than bottom 80% combined
By Faris Mokhtar and Ishika Mookerjee (Bloomberg) — Singapore’s top 20 per cent households are richer than all…
Singapore government reveals wealth inequality measure for first time; higher than income disparity
SINGAPORE, Feb 10 — In a landmark report, Singapore’s Ministry of Finance (MOF) has unveiled the nation’s first…
Elon Musk Is Vowing Utopia Driven by AI and Robotics. Bernie Sanders Has a Few Questions
The world’s richest man, Elon Musk, continues to insist that the artificial intelligence technology he profits from will…
Singapore has varied toolkit, beyond taxes, to manage inequality: PM Wong
SINGAPORE – The Republic has a range of policy levers besides taxation to tackle inequality, such as giving…
Governments are likely to pillage the $80 trillion Great Wealth Transfer to help balance their national debt burdens, says UBS
If you’re eyeing the $80 trillion promise of the Great Wealth Transfer and wondering what it may do…