15 Telling Numbers For 2015

Source: Straits Times

Should be a great 2015 with Singapore celebrating its 50th year as an independent country

Safer and Cheaper in Singapore

For those of us who have money in a bank it is always somewhat reassuring to find that the bank that you trust, is not likely to fall over any time soon.

Good news then for Singaporeans as OCBC has retained its title as the world’s strongest bank for the second year in Bloomberg's latest research.

United Overseas Bank Ltd. (UOB) comes in number seven and DBS at number eight thanks in a large part to the steady Singapore economy and an aversion to risk.  Mind you, the interest deposit rates for term investments in the Republic are fairly minuscule when compared to other countries, but you can't have it both ways.

Not only are the banks more secure but the cost of living, based on a global index of recognisable US consumables, shows that Singapore is much cheaper to live in than say Australia, the USA or the UK.

Hong Kong has greater purchasing power parity than Singapore.  Mouse over the charts to see the figures.

The Cost of Living

The Chicken Nasi Briyani Economy

All You Ever Wanted To Know About Singapore's Chicken Nasi Briyani EconomyCook Your Own | Create infographics

Thoughts On A Cloud

Straits Times Photo: Kevin Lim

At first glance this photo seems to suggest that some of the large, fluffy clouds that congregate in tropical skies each afternoon, have fallen to earth. Or maybe a neighbour in one of the higher-level HDB's had put too much soap powder into their washing machine, with dire consequences for those who live below.

The truth of the Choa Chu Kang foam is not that far removed from the fiction.  It would seem that 70 barrels of detergent-based concentrate were stored in a warehouse that caught fire.  Three quarters of these barrels were damaged and when the fireman quenched the flames, and water from the hoses was added, instant foam was the result.

The soapy mix also contaminated a stretch of the nearby Pang Sua Canal from which water is taken for recycling and is treated for human consumption.

The event reminds me just how precious a commodity  water is and how Singapore is a world leader in water conservation and recycling; NEWater being a case in point. The country has four operational NEWater factories, at Bedok, Kranji, Ulu Pandan and Changi producing potable water that is treated from sewage waste water and made fit to drink.

Singapore is now taking the eco-process one step further by having the water treatment plants powered by solar energy - a clever marriage of green technologies.

And if you ever doubted the importance of water and its conservation consider this article (and the infographic below) from FastCompany that highlights how important water security is to business.

"If there is one truly arresting sign that our relationship to water is about to shift in fundamental ways, it comes not from the world of science or climatology, not from United Nations officials or aid workers desperately trying to get water to people in developing countries. It comes from businesses like Michell Wool  and other corporations with water-intensive businesses, such as Coca-Cola  but also those whose water dependence is less obvious, like GE and IBM. They all have that same tickle of anxiety about water security. For business, water management is fast becoming a key strategic tool. Companies are starting to gather the kind of information that lets them measure not just their water use and their water costs but also their water efficiency, their water productivity, how much work they get from a gallon of water, how much revenue, how much profit."

Related articles

• PUB monitoring foam in Choa Chu Kang
• Singapore solar first for water recycling plant

McMuck & Other Dietary Delights

The Spam McGriddle - seriously?  Even the name sounds revolting. As for the My Poutine with been curds.....

Click on the image to see the larger infographic

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