Straitstimes.com header logo

Choose edition

Search

singapore

asia

world

opinion

life

business

sport

Visual

Podcasts

SPH Rewards

STClassifieds

Paid press releases

Advertise with us

FAQs

Contact us

 

Income inequality

Top 5% of households in S’pore hold one-third of wealth: Jeffrey Siow

Finance Ministry's occasional paper found that the city-state’s wealth inequality was higher than its income inequality.
Finance Ministry's occasional paper found that the city-state’s wealth inequality was higher than its income inequality.

In Washington state, democrats consider breaking a taboo: Taxing the rich

In 2025, voters in Seattle and its suburbs elected a slate of progressive candidates who campaigned on explicit promises of wealth redistribution.
In 2025, voters in Seattle and its suburbs elected a slate of progressive candidates who campaigned on explicit promises of wealth redistribution.

News analysis

Enhanced ComLink+ packages give low-income families a stronger nudge up the social ladder

The new measures reflect an acknowledgement that families with the fewest resources face multiple, complex and persistent challenges that are not easily overcome.
The new measures reflect an acknowledgement that families with the fewest resources face multiple, complex and persistent challenges that are not easily overcome.

New stats on wealth, income and social mobility should spark national debate on inequality: Observers

Singapore will need stronger redistribution tools to gauge what the appropriate levels of inequality should be, says an analyst.
Singapore will need stronger redistribution tools to gauge what the appropriate levels of inequality should be, says an analyst.

Income tax break adds to Lula's economic tailwinds ahead of Brazil election

Brazil's President Luiz Inacio Lula da Silva speaks during a ceremony to launch a digital platform for tax reform in Brasilia, Brazil January 13, 2026. REUTERS/Adriano Machado
Brazil's President Luiz Inacio Lula da Silva speaks during a ceremony to launch a digital platform for tax reform in Brasilia, Brazil January 13, 2026. REUTERS/Adriano Machado

Income growth alone won’t sustain social mobility in Singapore

The occasional paper released by the Finance Ministry raises pertinent questions:
The occasional paper released by the Finance Ministry raises pertinent questions:

Fast food’s turndown sheds light on the US economy

Fast-food chains are seeing headwinds to their business model.
Fast-food chains are seeing headwinds to their business model.

Singapore to include non-wage income in annual household income report going forward

Figures under both new and old methodologies show that Singapore’s income inequality is at its lowest since records on household market income began in 2015.
Figures under both new and old methodologies show that Singapore’s income inequality is at its lowest since records on household market income began in 2015.

Wealth inequality higher than income inequality in S’pore, says Finance Ministry paper

Singapore’s Gini coefficient for wealth is estimated at 0.55.
Singapore’s Gini coefficient for wealth is estimated at 0.55.

Singapore’s inequality at record low, but fresh approaches needed to sustain progress: PM Wong

Many Singaporeans continue to feel anxious about the cost of living and about economic uncertainties ahead.
Many Singaporeans continue to feel anxious about the cost of living and about economic uncertainties ahead.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Privacy Policy

Need help? Reach us here.

Advertise with us

Download the app

Get unlimited access to exclusive stories and incisive insights from the ST newsroom
Subscribe Placeholder
MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.