Monthly Archives: September 2013

Encouraging older workers back to work

On 5 February 2013, I wrote a blog post entitled “Have a heart for older workers”. In it I suggested that the Government incentivises Singapore employers who engage older workers by way of outright cash for each older Singaporean employee … Continue reading

Posted in Social Issues | Leave a comment

Inflation jumped 21.4% from Year 2007 to 2012

Singapore inflation is measured by consumer price index (CPI). The CPI indices for years 2007 to 2012 were: 2007: 93.2 2008: 99.4 2009: 100.0 (base year) 2010: 102.8 2011: 108.2 2012: 113.1 (Source: DOS Singapore) Towards the end of 2007, … Continue reading

Posted in Economics | Tagged | Leave a comment

Cost of living rises

This is my 900th post. In early 1990s, it was a treat just to go to McDonald’s restaurant for a meal. We did not go there often because it was pricey by our standards. Hawker food was a cheaper alternative … Continue reading

Posted in Financial Management, Social Issues | Tagged | 1 Comment


Not anyone can be a good teacher/lecturer, who can engage his/her students in meaningful learning and touches hearts of students. On the other hand, I have seen many who chose this path excelling in teaching and connected well with their … Continue reading

Posted in Education Matters, Life Journey | Leave a comment

Concept of opportunity cost

Concept Choices incur costs. For every choice that is made, some benefit is gained and something else is lost. That loss is the result of foregoing benefits from the alternative action that was not chosen. This is known as opportunity … Continue reading

Posted in Economics, Financial Management | 1 Comment