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Full-Text Articles in Gerontology
Concerns Over The Cost Of Living Among Older Adults In Singapore, Rachel Ngu, Micah Tan, Paulin T. Straughan, Seonghoon Kim, William Tov, Grace Cheong, Xiaoyan Zhang
Concerns Over The Cost Of Living Among Older Adults In Singapore, Rachel Ngu, Micah Tan, Paulin T. Straughan, Seonghoon Kim, William Tov, Grace Cheong, Xiaoyan Zhang
ROSA Research Briefs
A post-National Day Rally survey conducted in August 2022 found that the rising cost of living and health-related issues were ranked among the top concerns of Singaporeans (Baharudin, 2022). This comes as no surprise as global crises such as the ongoing COVID-19 pandemic and the Russo-Ukrainian conflict, has resulted in global and domestic inflation (Gov.sg, 2022). In May 2022, Singapore reported a 13-year high core inflation of 3.6% (Channel News Asia, 2022), while in September 2022, Singapore’s core inflation had risen to 5.3% (Ang, 2022). Additionally, the government announced that Singapore residents will see a goods and services tax (GST) …