Irvin Seah, DBS
Irvin Seah, DBS
01 Aug 2022
Market View: Have wages caught up with inflation in Singapore, and how should people here manage their money in the meantime?
Last week, we saw Singapore’s core inflation hitting 4.4 per cent in June - the highest level since the global financial crisis. But have wages caught up with price increases, and which are the groups that are most vulnerable to high inflation? And how should the man in the street manage their money in the meantime? Well, DBS released a report today that addresses just that. On Market View today, Financial Presenter Chua Tian Tian spoke with Irvin Seah, DBS to find out more about the bank's report.
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Listen to his previous podcast:
28 April 2020
Money and Me: Singapore's Unemployment Projections
Singapore’s unemployment rate could reach around 4 percent in 2020 as the country toils to contain the spread of COVID-19 with an extended circuit breaker that economists say could lead to a deeper recession. In a report released, DBS Bank's senior economist Irvin Seah said the overall unemployment rate could rise to 3.6 percent, up from 2.3 per cent at end-2019, given that the economy is now expected to shrink 5.7 percent. We are joined now by Irvin Seah, DBS Senior Economist for his projections, the tech space and strategies to mitigate this.
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