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Old 07-04-2011, 03:10 PM   #1
Auratus
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Default Hard Facts on Singapore

Just to share, sorry if posted before.

Hard Facts on Singapore by Dr. Foo Loon Sung

1. Singaporeans work the most number of hours per week in the world.

2. Most Singaporeans will never own a car because COEs
(Certificates of Entitlement) are limited.

3. The average home size of a Singaporean has fallen from 1660 sq
feet to about 1000 sq feet in the past decade.

4. Fertility rate in Singapore has fallen to below Japan - among
the lowest in the world.

5. Only less than half the Singaporeans can meet the minimum sum
for CPF (Central Provident Fund) retirement accounts. Meaning many
will never retire.

6. 17% of Singaporeans do not have medical insurance - the highest
in the developed world give and take a few % compared with USA.

7. Singapore has the fastest growing foreigner population per
capita in the world. Within a decade, the majority of people in
Singapore will be foreign born.

8. Singapore has the highest paid political leaders in the world....

9. Singapore has the highest income gap of all developed countries.

10. More than one person kills himself/herself every day.

11. Singaporeans have the highest savings rate in the world due to
CPF but many still can't retire.

12. The Singapore parliament has the least opposition in terms of
percentage of seats in the world among countries that claim to be
democratic.

13. Singapore bans chewing gum but legalises casinos. Casinos are
legalised in only 2 of the 50 American states.

14. Singapore hangs the most people per capita in the world. Even
more than China.

15. Singapore cars are the most expensive in the world.

16. Singaporeans have the lowest purchasing power among
all developed countries according to UBS...even Malaysians in KL
have higher purchasing power.

17. The Singapore govt has the highest sovereign wealth fund per
capita. ..and among the top few in absolute terms.

18. Singapore spends more on defence than Malaysia and Indonesia
combined - so I guess we don't need too much diplomacy and or
diplomats, can afford to badmouth them according to Wikileaks. Now
that they know, we better spend a $100M extra this year on defence.

19. Singapore has the No.1 civil service in the world according to
Minister Lim Swee Say. I want to add we also have No.1 civil
service in terms of pay for the top echelon. Some can afford
French ! cooking lessons.

20. Singapore has only one newspaper company called SPH that
produces hoards of quality papers such as Straits Times, Sin Min
and other reading delights. We had 5 newspaper companies a few
decades ago, I guess this business is in decline even as the
population increases.

21. Singaporeans serve NS (National Service) for 2-2.5 years, this
is the longest in the world after Israel. We do it because we can
afford the time. Many Singaporean workers will work their whole
life without retirement anyway so what is the difference putting
aside 2 years.

22. Singapore has the world's oldest and wisest politician. His
name is Lee Kuan Yew. As long as he is around, the good life for
Singaporeans will continue. He will make sure of that.

23. Lee Kuan Yew's son is Lee Hsien Loong who coincidentally
became PM due to his own merit. His New Year Message this year
asks Singaporeans to be more RESILIENT.

24. Singapore has the most expensive public housing in
the world....but according to Minister Mah, it is still affordable.
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