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Sunday, May 12, 2013

Singapore is the richest city in the world

<One in six households in Singapore have a net worth of around U.S. $ 1 million>
 China may soon become the birthplace of the world's billionaires half, but Singapore should clap the chest. Neighboring Indonesia is touted as the world's richest cities. Singapore is now the main venue for the world tycoons spend their money.
A number of the rich and famous in the hemisphere has moved the country to a mini fortune in Asia Tengggara it. Call it, for example, the Indian telecom company tycoon Bhupendra Kumar Modi, Star Chinese superstar Gong Li and Jet Li, New Zealand billionaire Richard Chadler, and famed U.S. investor Jim Rogers.
One in six households in Singapore have a net worth of around U.S. $ 1 million.This reflects the current global economic activity began to lead to Asia.
With low taxes, corruption-free government, and law enforcement is certain, the billionaire world flocked to invest, choose properties, and settled in Singapore.
However, while rich people having fun in the country, locals struggled to counter the growing cost of living soar here.
These conditions make Singaporeans who earn barely enough to speak on February 14, 2013 in front of the Parliament building. They demanded that pemeringah restrict the movement of immigrants. In the "White Paper" which recently addressed the Parliament stated that the population of Singapore in 2030 will reach 6.9 million - half of whom are immigrants.
Statistics show that 20 percent of the minimum wage in Singapore fell by 10 percent in the last ten years. While the well-established, his income continued to climb to 30 percent.
"This is the episode stream, we have to talk," wrote Nicholas Fang, Executive Director of the Singapore Institute of International Affairs in the Twitter account.
Widening gap between the bottom and top to make the social safety net for the cries of the poor was hard. This makes the tax should be raised. Well, then, can a country defend Singapore's richest cities in the world for a long time or coming to an end.


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