Singapore - Economic Data & News 15 (Mar 17 - Dec 18)

Re: Singapore - Economic Data & News 15 (Mar 17 - Dec 18)

Postby iam802 » Thu Dec 07, 2017 8:55 pm

More tax increase coming

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Singapore’s Aging 'Time Bomb' Will Tick Louder in 2018

Next year marks an ominous turning point for Singapore’s graying population, according to research by Francis Tan, an economist at United Overseas Bank Ltd. in Singapore.

In 2018, the share of the population that’s 65 years and older will match those younger than 15 for the first time, Tan wrote in a report on Wednesday. As the elderly population starts to crowd out the youth, the “demographic time bomb” may mean changes to taxes, immigration rules, and social services, he said.

“Singapore is facing one of the toughest economic and social challenges since its independence in the form of a rapidly aging workforce and population,” Tan said.

At this rate, seniors in Singapore’s population will make up more than double the share of the youngest residents in 2030. Tan uses a compounded annual growth rate rather than adjusting for potential policy changes or alteration of trends such as fertility rates, meaning officials could still help redraw those lines, or at least make them appear less menacing, over the next decade.

With already the oldest population in the Association of Southeast Asian Nations, the Singapore of 2030 will probably look a lot like the demographics-embattled Japan of 2016, Tan’s figures show.

...

1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Singapore - Economic Data & News 15 (Mar 17 - Dec 18)

Postby behappyalways » Sat Dec 09, 2017 7:42 pm

Some of your rubbish is zipped away at 80km/h underground to collection points
https://mothership.sg/2017/12/hdb-high- ... -disposal/


Brothel near Swee Choon Tim Sum raided by police in full ski masks, battering rams
https://mothership.sg/2017/12/brothel-n ... id-police/


It makes sense for Singapore to raise the level of GST now
http://www.theedgemarkets.com/article/i ... el-gst-now
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Re: Singapore - Economic Data & News 15 (Mar 17 - Dec 18)

Postby behappyalways » Sun Dec 10, 2017 4:16 pm

How a group of jaga kreta (car-watching) boys became the S’pore summon aunties of today
https://mothership.sg/2017/12/singapore ... aga-kreta/
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Re: Singapore - Economic Data & News 15 (Mar 17 - Dec 18)

Postby behappyalways » Wed Dec 13, 2017 10:06 am

Rare photos show what early 1900s John Little department store looked like in S’pore
https://mothership.sg/2017/12/rare-phot ... hn-little/
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