Singapore -- Incorrupt system / Meritocracy fix / Laundering role

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INFO: Singapore's incorrupt system.  The number of corruption cases in Singapore hit a new low last year - thanks to strong political leadership, a robust anti-corruption framework, and a culture that frowns on corruption, says Prime Minister Lee Hsien Loong.

Story by Chua Peck Ming, in AsiaOne: http://business.asiaone.com/news/secrets-behind-singapores-incorrupt-system-pm-lee

COMMENTARY: How Singapore is fixing its meritocracy.  "In Singapore, a liberalizing middle-class society, the once-revered idea of 'meritocracy' has recently acquired negative overtones due to its association with elitism. However, meritocracy can — and probably did — provide a successful way of combining rewards, incentives and competitiveness with equality of opportunity. The question for Singapore today is whether this meritocratic balance can be achieved again in a competitive global city obsessed with a war for talent."

Op-ed by Kenneth Paul Tan, in The Washington Post: https://www.washingtonpost.com/news/in-theory/wp/2016/04/16/how-singapore-is-fixing-its-meritocracy/

INFO: Singapore plays an important role against money-laundering says official.  The Monetary Authority of Singapore (MAS) has put in place a "robust preventive regime" that combines tough licensing requirements, strict regulations and rigorous supervision, said Chan Chun Sing, Minister in the Prime Minister's Office.

Story in The Economic Times: http://articles.economictimes.indiatimes.com/2016-04-13/news/72294979_1_channel-news-asia-chan-chun-sing-singapore

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