Household income gains ground in 2014 amid low inflation
Singapore
Median household income in Singapore rose at a much faster pace last year compared to 2013, said a Department of Statistics report on Monday.
And the lift in income - especially after accounting for inflation - could be sustained this year given the negligible price increases, and as Singapore's labour market stays tight, economists noted.
TRENDING NOW
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Stocks to watch: Jardine Cycle & Carriage, Creative Technology, CNMC Goldmine
Malaysia’s Genting posts Q2 net loss despite 14% rise in revenue