6 Million Cards Issued
Saturday, 1st January 2011
Based on the latest figures from the Monetary Authority of Singapore (MAS), the number of main cards crossed the six million mark. According to IRAS's (Inland Revenue Authority of Singapore) annual report shows about 906,000 taxpayers have assessed income of at least $30,000, which is the minimum annual income required for a card. A simple calculation works out to 6.7 cards per person.