Monthly Archives: August 2008

Inflation for July dropped to 6.5%

Inflation eased 1 percentage point in July from June registering 6.5%. This was to be expected as the GST impact of 2% hike wore off in July 2008. Now the year-on-year comparison is based on like for like comparison where … Continue reading

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Rain has been adopted

August 24, it was wet with heavy rain at times. Rain, the rabbit, finally found a new home.   We took Rain into our lives on March 12. It was raining at that time too when he was rescued. Rain … Continue reading

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Performance of Unit Trusts at your finger tips – Lipper

If you want to know how your unit trust funds have performed, look no further than a dedicated Singapore web-site co-owned by the Investment Management Association of Singapore (IMAS) and the Life Insurance Association, Singapore (LIA).   On an agreement … Continue reading

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Wired Generation

I taught students who are 18 – 19 years old for a number of years now. This year, my encounter with a fresh batch of students was less than satisfying. Students were loud in their speech. They could not conduct … Continue reading

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Why US Dollars strengthened in past month

US dollar (USD) against Singapore dollar (SGD) hit a new low on 15 July at 1.35 SGD to 1 USD. On 16 August, it was trading at 1.419 SGD to 1 USD, up 5% over a span of just one … Continue reading

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First half real GDP grew by 4.5%, forecast for whole year cut

Real GDP grew by a mere 2.1% for the second quarter this year compared to the same quarter last year (year-on-year). This was way below a respectable 6.9% increase year-on-year in the first quarter. On an annualised basis, real GDP … Continue reading

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Two months at new place

It’s been 2 months since we moved to our new home. Because our apartment block is sited on a slope of about 15 degrees, we have to walk down and up the slope few times a day in order to get out of … Continue reading

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