Recently Emeritus Senior Minister made the following remark:
As the ex-Prime Minister of Singapore implementing so many policies that help the rich get richer and the income gap to balloon ....all he dare to ask from the richest among us to give is 0.5% of their annual income....so is it a real surprise that our ranking is so low when Emeritus Senior Minister set such a low standard of giving among the rich?! Compare that with The Giving Pledge in the US started by Buffett and Bill Gates to urge the rich to pledge half their wealth to charity - Facebook billionaire Zackerberg signed up so did many others. In highly capitalistic (so we used to say) Hong Kong. Li Ka-Shing pledge half his wealth to charity and will leave behind the biggest charity in Hong Kong. Nina Wang, once the Asain\s richest woman, left her fortune to a charity in her will. Even Jackie Chan will leave his entire fortune to charity[Link]. Chow Yun-Fat will leave his entire fortune to charity [Link]. It turned out people in Hong Kong are big givers and rank 18 on the Giving Index ahead of Germany and Denmark. Many ordinary Singaporeans I know will gladly give their time and money but the value system held up by this govt does not result in setting good examples in the area of giving and making sacrifices. I urge my fellow Singaporeans to overcome this and give more as there are many in our society that needs your help.