Mega-rich Singapore is the world's fifth largest arms importer - CNBC

CNBC.com, 7 Feb 2014
Singapore, one of Asia's smallest countries thinks big when it comes to defense.
Between 2008 and 2012 the city-state, with a population of just 5.3 million, was the world's fifth-largest arms importer, according to the Stockholm International Peace Research Institute. The wealthy Southeast Asian country consistently allocates about 20 percent of national spending to defense, analysts say.
According to Flightglobal, Singapore has the biggest air force in Southeast Asia with a reputation for also being the best trained, led and equipped. Full story

Related:
  1. Singapore Government continues to suffer procurement lapses: auditor-general - Yahoo! News Singapore
  2. Procurement lapses noted in 6 ministries (including MINDEF) - Asiaone.com

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