Economy
All Articles(24 articles)
Economy27 Feb 2026
Budget 2026: Reconciling National Success with Malay/Muslim Economic Realities
Despite Singapore being one of the highest-ranking nations with a competitive economy, a survey conducted by ADP Research (2025) revealed that in 2024, 60% of employed Singaporeans were living paycheck to paycheck.
Centre for Research on Islamic and Malay Affairs
10 min read
Economy07 May 2024
Singapore’s Budget 2024: An Evaluation
INTRODUCTION Singapore’s Budget 2024 was introduced at a time of significant global economic turbulence, aiming to provide a blueprint for the city-state’s prosperity. The budget...
Centre for Research on Islamic +1
14 min read
Economy07 May 2024
Singapore’s S$10,869 Median Household Income: How Are We Actually Faring As A Society?
Many of us would have read the headlines in early February this year: Median monthly household income in Singapore above $10,000 in 2023 for second straight year, The Straits Times reports. CNA gets...
Nur Izzatie Adnan
11 min read
Economy20 Jul 2023
Folk Tradecrafts, Black Boxes and Caches: A Request for Algorithmic Legibility in Gig Work
I a bit IT-oriented ah …When you go the [online] forum, people complain in the forum, I cannot get this, cannot get that. Full of comments on bad apps. Then I write...
Shamil Zainuddin
7 min read
Economy18 Jan 2023
Using Cash Waqf to Combat Donor Fatigue and Blockchain to Improve Accountability
Donating to a multitude of charitable causes can get tiresome after a while. For working-class people who are financially burdened with their own daily needs and monthly expenses, there is also a limited amount that may be set aside, and the constant giving could weigh them down.
Dr Hazik Mohamed
7 min read
Economy02 Nov 2022
Woes of the Middle Class
Inflation has been a growing concern for many over recent months. The rising prices of goods across many sectors will no doubt incite waves of anxieties and worries in every individual. While inflation does not discriminate, it disproportionately affects every stratum in society.
Huzhaifah Kamal
10 min read
Economy15 Apr 2022
Key Developments and the Rise of NFTs in Singapore
The wider view of the rise of non-fungible tokens, or NFTs, is the decentralisation of financial services. With the application of the blockchain and its integration with artificial intelligence (AI) and IoT devices1 (e.g. NFCs and RFIDs), finance has become more efficient and accessible. There are several key drivers that are making decentralised finance work tokenisation of real-world assets, maturity of stable coins and the improved implementation or acceptance of some regulations and standardisation.
Dr Hazik Mohamed
10 min read
Economy15 Apr 2022
SG Budget 2022: A Fairer and More Resilient Society
The national Budget speech is an annual address crammed with numbers and financial jargon that can be confusing, making it difficult to be excited about; of course, with the exception of the announcement on cash payouts. However, regardless of its appeal, the Budget affects us and our finances.
Centre for Research on Islamic +1
12 min read
Economy15 Jan 2021
Branding Islam: Beyond the Halal Market
If you have ever watched The Social Dilemma on Netflix, you will realise how corporations use data as a bargaining chip to fuel their algorithms and influence consumers to purchase certain goods. This is marketing and advertising, and they are ever-present on our social media feeds.
Muhammad Faris Alfiq Mohd Afandi
8 min read
Economy15 Jan 2021
Food Delivery Workers – Riding the Waves of Uncertainty
In the past couple of years, the gig economy – specifically the food delivery sector – has experienced a burst of demand as a result of fundamental shifts in consumer behaviour. The delivery boom has also created a massive new sector of employment that has pulled in a diverse demographic of workers from various backgrounds.
Nabilah Mohammad
8 min read