Just read a Bloomberg article that pretty sums up the major issues that Singapore faces today, most importantly, the education system which is going down the wrong direction for a long time with its obsession in theory tests, which is in reality useless in the working world.
Below is a snippet of the Bloomberg article:
The rapid buildup in the immigrant population, from 5 percent in 1980 to 29 percent in 2014, has spurred a fierce backlash. Rising living standards have led to plunging fertility rates and longer lifespans: Singapore is now one of the fastest-aging societies in the world. The emphasis on big multinationals and government-linked companies has held back the development of small and middle-sized enterprises. In education, standards are world-class -- except when it comes to creativity and collaboration.
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