Singapore, known across the globe, for its materialistic prowess has managed to emerge as the “Happiest Country in Asia” in a study conducted by ABC News, despite escalating pressures among its citizens to achieve a solid social status.
The quality of life in Singapore, like any other country, is governed by various factors like its political, economical, social ambience and other factors like schools, education, housing, health and sanitation.
Safety, efficiency and cleanliness are some of the positive aspects of this country.
The Political System in Singapore:
The political system of Singapore can be best described in these words: centralized, authoritarian, governed by a practical approach, rational and based on the rule of law. The country was ranked #1 by the Political and Economic Risk Consultancy in the 2012 for possessing the best bureaucracy in Asia. The decisions made by its government were in the interest of the nation and had gone a long way in impacting a stable, harmonious, and prosperous society.
The high standards of living in Singapore prove that the country has a sound economic system A few highlights of its financial status world wide will help you to have a better understanding of its entire economic milieu.
The country is regarded as one of the best investment destinations across Asia for foreign firms. It has the essential technology, capital, efficient work force, and a skilled manpower to aid the kind of penetration it has made in the international export market. According to the BERI report (2011) Singapore has a few feathers to its cap- the country has been placed first among the countries with best investment potential, it's one of the top two most competitive countries, it is ranked 1st in Asia as the as the least economically corrupted country.
Job opportunities in Singapore
The knowledge based economy of Singapore focuses on its educational system. The public schools of Singapore have impressive standards of teaching. Nanyang Technological University, National University of Singapore and Singapore Management University are three renowned universities of Singapore. Famous institutes United world College, and INSEAD are some of the renowned institutions. Students from Singapore schools have also won international acclaim by shining in international competitions.
The fees for annual international school tution without the supplementary fees can start from SGD 20,000 and go up to SGD 30,000.
Cost of Living Singapore is primarily a cosmopolitan country. The excellent job opportunities coupled with other facilities have resulted in a major influx of Chinese, Indians Malays and expats from several other countries. The cost of living here has been on the rise and has even outshone Hong Kong as one of the costliest destinations.
Disclaimer: The data provided here is based on the facts and research using available sources. As the data is made available on "as is" basis and subject to change anytime. This website shall not be liable for any discrepancy found in the data on our site and actual figures.