The problems faced by lower income Singaporeans remain a major headache for the PAP government, especially as the general election looms.SINGAPORE has always been a small and extremely crowded island. With a current population of 4.9 million (projected to rise to 6.5 million by 2020), the city-state is bursting at the seams.
Still, Singapore’s economy is on the mend. People are talking of a possible GDP growth of 13%-15% this year. At the same time, however, the economic turnaround has sparked off a dramatic escalation in property prices, tourist arrivals and living costs.
All of this has exacerbated the growing income divide and put pressure on the island republic’s all too limited resources. Full Story
