This is the result of combined weak growth and high inflation.
DBS Group Research noted:
With weaker GDP growth, nominal wage growth has eased. Juxtaposed against the higher than normal inflation and real wage growth is now negative.
So are Singaporeans better off with such weak growth, high inflation scenario? Obviously not.
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
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