Monthly Archives: May 2008

Inflation rises again in April 2008

Inflation for April 2008 as measured by Consumer Price Index (CPI) increased 7.5 per cent over April 2007. (March 2008 saw 6.7% increase year-on-year.)   Department of Statistics (DOS) in its press release states that the increase in April 2008 … Continue reading

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Currency Linked Investment (Part 2)

This is another illustration of how currency linked investment (CLI) worked. (See previous blog post dated 9 May 2008)   Assume this time, you have S$200,000 initial sum to invest in CLI. You decided to pick Euro as the currency … Continue reading

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Real Wages rose against Labour Productivity

Last year, Singapore faced a tight labour market with overall unemployment rate at low 1.7% in December 2007 (resident unemployment rate was 2.4%). As a result, total wages rose 5.9% in private sector, inclusive of 2.36-month average bonus. (TODAY, 17-18 … Continue reading

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Currency Linked Investment

If one places a sum of money in fixed deposit with a bank, it will probably earn you less than 1% per year in interest. This is low and surely cannot preserve the purchasing power of the dollar since inflation … Continue reading

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Unemployment rate up in Singapore – 31 March 2008

Ministry of Manpower gave these figures for 3 months ended 31 March 2008:   employment grew for first quarter 2008 by 68,400 positions this was better than employment for last quarter ended 31 December 2007 which grew by 62,500 positions … Continue reading

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