S1E4: Does a family of 4 in Singapore really need $6,426 a month for basic standard of living? (Pt 1) video. STAYHOME.COM.SG #StayHomeWithSPH

S1E4: Does a family of 4 in Singapore really need $6,426 a month for basic standard of living? (Pt 1)

13 May 2022

Synopsis: The Straits Times' opinion editor Grace Ho takes a hard look at political and social issues of the day with her expert guests.

In this episode, the first of two parts, she looks at whether a family of four in Singapore needs $6,426 a month for a basic standard of living.

In the studio to explain the study and its methodology are Associate Professor Teo You Yenn, associate professor at the School of Social Sciences, Nanyang Technological University; and Dr Ng Kok Hoe, Senior Research Fellow and Head of the Case Study Unit at the Lee Kuan Yew School of Public Policy.

Highlights (click/tap above):

00:41: Is there a household budget that captures the lived realities of Singaporeans? What is the Minimum Income Standard?

04:55: Addressing criticisms of the study and its methodology

10:00 How is the Minimum Income Standard applied in the United Kingdom, and how does the UK decide what is a living wage?

Read the article here: https://str.sg/wBJ3

Produced by: Grace Ho (graceho@sph.com.sg), Ernest Luis and Teo Tong Kai

Edited by: Hadyu Rahim

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