Over the Deepavali weekend, nineteen (according to Yahoo) websites of government departments were offline. These included the Land Transport Authority and the Singapore Police Force. "Scheduled maintenance" was the cryptic official explanation though no one reported seeing any prior notice. Deepavali (also known as Diwali) is a major Hindu festival. Considering that a significant number of IT engineers are of Indian ancestry, it seemed a strange choice to pick this particular weekend to do IT work, and to "maintain" 19 government websites simultaneously.
Singaporeans have always been told by the government that we pay one of the lowest taxes in the world. But do you know what we have not been told?
Do you know that when comparing what we pay into our CPF with what people in other countries pay into their forms of social security, Singapore actually has the highest total contribution rate (employee 20% + employer 16% contribution rate) in the world (Chart 1)!
Minister for Social and Family Development Chan Chun Sing had said that the government doesn't want to define a poverty line in Singapore.
- But what exactly is the poverty rate in Singapore?
- How has it grown over the past 10 years and how will it continue to grow?
- Also, how does Singapore compare to the other high-income countries, and the lower-income countries in the Southeast Asian regions?