WP's Louis Chua explains why $1 is worth less in Singapore than elsewhere - Singapore News

SINGAPORE: Workers’ Party MP Louis Chua posted an interesting question on Facebook on Tuesday morning (May 7): “Why is $1 worth less in Singapore than elsewhere?” The Sengkang GRC MP added that his post would not be about inflation but is in reference to an article in The Financial Times titled “Singapore battles to revive struggling stock market,” an issue he considers close to his heart since he is an equity analyst. “We are supposed to be one of the …