I'm getting a chuckle from the JCSE corporate profile
JE Cleantech Holdings Ltd NASDAQ: JCSE
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JE Cleantech Holdings Limited is engaged in the sale of cleaning systems and other equipment and the provision of centralized dishwashing and ancillary services. It manufactures a range of cleaning systems, including aqueous washing systems, plating and cleaning systems, train cleaning systems, and other equipment. It also provides centralized dishwashing services for the food and beverage industry, mainly for food and beverage establishments in Singapore such as food courts, hawker centers, restaurants, cookhouses, eldercare homes, and an inflight catering service provider. It also provides general cleaning services mainly for food courts in Singapore. It provides centralized dishwashing services at its Hygieia Facility in Singapore. It also provides leasing services of dishwashing equipment to its customers. The terms of the leases are typically for a period of one to two years (s) and renew automatically, and its customers are charged a fixed monthly fee for such leasing services.
Meanwhile, this from Wikipedia. My takeaway is these folks got lots of money.
Singapore (/'s??(g)?p??r/ (listen)), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude (137 kilometres or 85 miles) north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages; English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in English. Multiracialism is enshrined in the constitution and continues to shape national policies in education, housing, and politics.
Singapore has the world's highest percentage of millionaires, with one out of every six households having at least one million US dollars in disposable wealth. This excludes property, businesses, and luxury goods, which if included would increase the number of millionaires, especially as property in Singapore is among the world's most expensive.[277] In 2016, Singapore was rated the world's most expensive city for the third consecutive year by the Economist Intelligence Unit,[278][279] and this remained true in 2018.[280] The government provides numerous assistance programmes to the homeless and needy through the Ministry of Social and Family Development, so acute poverty is rare. Some of the programmes include providing between S$400 and S$1000 of financial assistance per month to needy households, providing free medical care at government hospitals, and paying for children's tuition.[281][282][283] Other benefits include compensation for gym fees to encourage citizens to exercise,[284] up to S$166,000 as a baby bonus for each citizen,[285] heavily subsidised healthcare, financial aid for the disabled, the provision of reduced-cost laptops for poor students,[286] rebates for costs such as public transport[287] and utility bills, and more.[288][289] As of 2018 Singapore's ranking in the Human Development Index is 9th in the world, with an HDI value of 0.935.
The median age of Singaporean residents was 40.5 in 2017,[375] and the total fertility rate is estimated to be 0.80 children per woman in 2014, the lowest in the world and well below the 2.1 needed to replace the population.[376] The government has attempted to increase fertility with limited success, as well as adjusting immigration policy to maintain its working-age population.[377][378]
91% of resident households (i.e. households headed by a Singapore citizen or permanent resident) own the homes they live in, and the average household size is 3.43 persons (which include dependants who are neither citizens nor permanent residents).[379][380] However, due to scarcity of land, 78.7% of resident households live in subsidised, high-rise, public housing apartments developed by the Housing and Development Board (HDB). Also, 75.9% of resident households live in properties that are equal to, or larger than, a four-room (i.e. three bedrooms plus one living room) HDB flat or in private housing.[381][382] Live-in foreign domestic workers are quite common in Singapore, with about 224,500 foreign domestic workers there, as of December 2013.[383]
Singapore has a generally efficient healthcare system, even though health expenditures are relatively low for developed countries.[446] The World Health Organisation ranks Singapore's healthcare system as 6th overall in the world in its World Health Report.[447] Singapore has had the lowest infant mortality rates in the world for the past two decades.[448] In 2019, Singaporeans had the longest life expectancy of any country at 84.8 years. Women can expect to live an average of 87.6 years with 75.8 years in good health. The averages are lower for men.[449] Singapore is ranked 1st on the Global Food Security Index.[450]
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