Daily Briefing: Singapore may have its first elected Malay president; What Trump win means for Singapore investors
And Singapore ranks the highest in Asia for its pension system.
With the proposed constitutional change, Singapore could have its first ever Malay president next year. According to a CNBC report, he island-nation is known for successful management of a peaceful multicultural society but race politics remain a hot-button topic in the Chinese-majority country. official statistics revealed that 74 percent of the population is of Chinese ethnicity, while 13 percent are of Malay heritage and 9 percent of Indian. Read the rest of the story here.
There are eight things all Singapore investors should know after Donald Trump won the US election. For starters, gold price is going up as stock markets will drop. Read the story here.
In its latest report for 2016, Melbourne Mercer Global Pension Index (MMGPI) reported that Singapore is now rated B Grade up from C+ the year before. Its score improved from 64.7 to 67 due to better pension adequacy. Singapore ranked seventh globally but it retains its highest ranking in Asia for fourth consecutive year. Get to know the full story here.