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Overcoming the visible social divide and the responsibility of the rich

The uber-rich who now call Singapore home can either fuel resentment or learn to build bridges with their new ‘family’.

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Wealth so vast can also highlight inequalities in society, and threaten the social fabric in a country becoming more class conscious than before.

Wealth so vast can also highlight inequalities in society, and threaten the social fabric in a country becoming more class conscious than before.

ST PHOTO: KUA CHEE SIONG

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At a forum in September organised by the economic think-tank Milken Institute Asia, Deputy Prime Minister and Finance Minister Lawrence Wong

touched on how the wealthy who come to Singapore should live.

He was asked about how the Government can balance the twin goals of managing inequality, while attracting the ultra-rich, whose glamorous lifestyles have sometimes seemed at odds with Singapore’s egalitarian ideals.

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