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A forum letter to the Straits Times highlighted a different way to measure affordability.Based on Numbeo’s “house price to income ratio”, Singapore ranks below major cities like Tokyo, Barcelona, Milan, Dublin, Toronto, New York City, Geneva, Oslo, Rotterdam, San Francisco, Sydney, Vienna, Stockholm, Amsterdam, Zurich, Copenhagen and Berlin.This means: if we …
If you’re a working professional in your late thirties, the median gross salary in your age group is $5,048/mth.Managers in the same age group make a median pay of $6,500.This is acc …
The following is the Salary.sg list of top primary schools for this year.Ranking is done based on the vacancies available after the all-important Phase 2B. Refer to last year’s ranking for details.The 6 schools in boldface offer the Gifted Education Programme (GEP). The other 3 GEP schools not in this top-20 list are: Tao ...
Congratulations to the latest batch of President’s Scholars. But like last year’s batch, not a single one of them will be doing a science or engineering related course.In a way, this confirms the doom of science and technology careers in Singapore.In fact, four of the six President’s Scholars this year will read Economics.Although Economics ...
Frank sharing and valuable insights from a guest in our Salary.sg Forums, in response to a list of questions I posed in an old article on how to get rich:- How did you make your first million?“Made my first million i think around 30 or 31 years old. Graduated from uni in 1999, started ...
I have two lists this year - one for the top jobs across all industries and a separate one specifically for the financial services industry, just to show how skewed the numbers are.This is …
In an online poll conducted here, 64% of participants indicated they know someone who’s lost a job.Close to 500 readers participated in the survey.Conducted over half a month, this poll is done in the same spirit as a BBC Poll we discussed previously.And our poll results are very similar to the UK one.Since BBC ...
This recession is perhaps the most “prosperous” recession we have ever seen, thanks to all the liquidity injected into the global monetary system and our government’s pump priming of the local economy with infrastructure projects, jobs credit and low interest rates.The STI index closed today at a 10-month high of2,533.43.And URA reported a …
Flip to page 8 of Sunday Times and read about an ex-telemarketer making $20,000 every month working for Citibank and DBS:“From 2000 to 2003, he was a telemarketer for Citibank and DB …
With rising GDP and record housing prices, and talk of “dual economy“, this recession seems not so much of a recession at all.Unless you have lost your job.A BBC poll says two-thirds of the people in UK are “hit” by the downturn. What they mean is that 66.6% of the people know someone who ...
The HDB resale price index has set a record high of 140.0 according to HDB’s flash estimate released early this month.More than half a year into Singapore’s “worst” recession and after private property prices crashed more than 20%, the resilient HDB prices manage to buck the trend and even set a national record - ...
Once in a while you get these great gems from reading the papers. In a Business Times interview, David Lawrence practically whacked the greedy banks and at the same time dished out an excellent investment advice. It’s never been so clear.In the words of the Wheelock Properties CEO,“A lot of this crap was sold ...
If you are a local, simply use the tax calculator 2009 published previously. It includes the 20% special tax rebate.For foreigners who don’t enjoy the rebate, use the following salary tax calculator. Note that you’re considered a tax resident if you have stayed in Singapore for at least 183 days and you’ll be taxed ...
There are salary surveys that you can use to assess whether what you’re getting is competitive.Bear in mind that some of these salary reports give figures that are perceived to be on the high side.For example, more than 50% of readers here voted that the figures in Hays Salary Survey and Guide 2009 are ...
It’s been a while since the term life sciences last appeared in the mainstream media. Most recently, it appeared somewhat in the form of “green chemistry” in this CNA report talking about GlaxoSmithKline opening a facility in Singapore and sponsoring some scholarships.The scholarships are for studies in green chemistry and public health policy.Green …
We have launched Salary.sg Forums.Now you can discuss salary, job, career and investment matters in a user-friendly forum format.Powered by vBulletin - which is the most popular forum engine among top discussion forums worldwide - you can now view well organized threads of discussions and reply directly to a particular thread or post that ...
In the book “The Millionaire Next Door”, the authors defined prodigious accumulators of wealth as people who manage to accumulate twice their expected net worth.To calculate your expected net worth, refer to this old Salary.sg post. (Note that I called it “target net worth” previously.)This chart gives you an idea of how much net ...
As property market heats up again, you may be interested in buying a new home and taking up a Sibor-pegged property loan.Do you know that the 3-month SIBOR rate shot up to an astonishing 9.5% in early 1998?Or that it went to a low of 0.56% in mid-2003?The following chart shows the interesting history ...
Former one-hit-wonder Stella Ng has recently been declared bankrupt by the Singapore court. She’s a mandopop singer before her foray into the chocolate cake business.Back in 2007, Zaobao reported that her cake business in Taiwan was raking in S$500,000 a month in sales. She had obtained the franchise rights from Awfully Chocolate in Singapore ...
Thanks to a comment from a reader, I got to know about the Hays 2009 Salary Guides.After browsing through some of these guides, I personally think the salary ranges are on the high side, especially when the footnotes say “salaries are representative of the total package value, although exclude any annual bonus.”Here’s a sampling ...
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