Income inequality

Our obsession with rich lists is a problem

Elon Musk’s fortune is estimated by Bloomberg to be worth US$876billion on the occasion of SpaceX’s initial public offering on June 12.

Welcome to Hsinchu, the luxury city built by Taiwan’s AI boom

Real estate prices near Hsinchu Science Park have skyrocketed.

Vietnam, Philippines raised to World Bank’s upper-middle-income status

All five of the major South-east Asian economies – which include Singapore, Malaysia and Thailand – are now at the upper-middle-income tier and above.

About 1 in 7 S’pore families has income of at least $30k a month; share almost doubled in 5 years

In 2025, 13.4 per cent of resident households have a monthly market income of $30,000 or more, up from 7.4 per cent in 2020.

The wealth gap is widening. The answer isn’t more handouts – it’s a stake

More people need to be given access to the capital income pathway, otherwise wealth inequality will only worsen, says the writer.

The Singaporean workers who feel AI has nothing to do with them

Workers with limited technological exposure face a steeper learning curve should they wish to move into higher-paying jobs.

News analysis

Australian PM Albanese moves to ease intergenerational wealth gap. How effective will it be?

Australian PM Anthony Albanese holds a press conference in Sydney, New South Wales, on May 6.

AI use surges globally but rich-poor divide widens, Microsoft says

The United Arab Emirates tops the ranking of AI usage at 70.1 per cent, followed by Singapore, Norway, Ireland and France.

$1 million bonuses: Chip giants soaring payouts to staff fan fears of widening inequality

SK Hynix allocates 10 per cent of operating profit to employees as bonuses. Thanks to the AI boom, that resulted in an average payout of 1.5 times annual salaries in 2025.

Iran war a threefold test of governance for Singapore

Singapore moved early to cushion households and businesses from the worst effects of the crisis without imposing drastic curbs on energy consumption.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.