The ‘Occupy Raffles Place’ flop shouldn’t allow us to forget that Singapore has by some measures the highest rate of inequality among developed nations. It was the first city in Asia to experience recession in the wake of the global financial crisis in 2008, and while its economy has already rebounded, ordinary Singaporeans continue to suffer from stagnant wages, job losses and the rising cost of living. In fact, last May’s election results saw the ruling party suffer its worst-ever electoral setback. Full story
OPINION: Occupy Singapore Flop - Mong Palatino
The ‘Occupy Raffles Place’ flop shouldn’t allow us to forget that Singapore has by some measures the highest rate of inequality among developed nations. It was the first city in Asia to experience recession in the wake of the global financial crisis in 2008, and while its economy has already rebounded, ordinary Singaporeans continue to suffer from stagnant wages, job losses and the rising cost of living. In fact, last May’s election results saw the ruling party suffer its worst-ever electoral setback. Full story
