Economist, Centennial Asia Advisors

Nicholas Chia

Centennial Asia Advisors deliver timely and accurate economic and political analysis to investors, focused on anticipating key turning points that affect the client’s interests in the Asia-Pacific region. Clients include public agencies and central banks, as well as fund managers and investment banks. The company draws strength from its flexibility to tailor products to fit client’s specific interests. It provides detailed macro-economic forecasts, scenario analysis and timely assessments of how specific major economic and political developments may affect a client’s areas of interest. At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way.

Economist

Singapore: Tightening Labour Market a Sign of Growing Economy

Resilient Economy Despite Global Trade Risks

Singapore: Generally Sanguine Mood Percolates Throughout Economy

Singapore: Watch Out for Returning Price Pressures

Singapore: Analysis of Corporate Sector Returns Uncovers Warning Signs for the Economy

Centennial Asia Advisors

At Centennial Asia Advisors, we tell it like it is. We have no vested interests, no need for a China wall, and no reason to skew our outlook any other way. With over 30 years experience covering Asia’s political economy, you can be sure our conclusions and analyses are based on the unadulterated facts. Through years of fine-tuning our research methodologies, we deliver a quality of macroeconomic analysis few other houses can match.

Centennial Asia Advisors is an independent research and advisory firm that works with governments, multilateral institutions, financial firms and leading MNCs.

Economic Policy and Strategic Advisors

Thematic (Sector/Industry)

<ul><li>Tackling social inequality has been elevated in the policy agenda and the Gini coefficient has once again come under the spotlight as an indicator of Singapore’s social welfare policy. We unpack the different definitions of the Gini coefficient and examine the policy implications.</li><li>In essence, Singapore has seen income inequality gradually trend down over the past decade, particularly after taxes and social transfers, but in 2017, a small upward creep is observed.</li><li>However, the limitations are that Singapore only accounts for income from work, and exclude non-work income such as from investments. Furthermore, foreigners who make up a sizeable chunk of the workforce are excluded.</li></ul>

Tackling social inequality has been elevated in the policy agenda and the Gini coefficient has once again come under the spotlight as an indicator of Singapore’s social welfare policy. We unpack the different definitions of the Gini coefficient and examine the policy implications.In essence, Singapore has seen income inequality gradually trend down over the past decade, particularly after taxes and social transfers, but in 2017, a small upward creep is observed.However, the limitations are that Singapore only accounts for income from work, and exclude non-work income such as from investments. Furthermore, foreigners who make up a sizeable chunk of the workforce are excluded.

Spotlight on Social Inequality to Force Policy Rethink