Is Singapore rich?

By definition from the site Investopedia, "Minimum Wage is the minimum amount of compensation an employee must receive for performing labor. Minimum wages are typically established by contract or legislation by the government. As such, it is illegal to pay an employee less than the minimum wage."

Does Singapore have a minimum wage?
The answer to that, is no. To this you may ask, why not? Why is establishing a minimum wage so important?

For many countries, the minimum wage often  establishes whether you are living in poverty or whether you are living a good normal average life. The de facto minimum wage for Singapore can be taken as that of cleaners and security guards at $1,000. Which is the LOWEST minimum wage amongst all developed countries as of late.

Even more appalling is the fact that in Singapore, a poverty line is not established. A Poverty Line as defined by Merriam-Webster online dictionary, "a level of personal or family income below which one is classified as poor according to governmental standards —called also poverty level". The estimated amount of Singaporeans that are living in poverty is 30%.

So, are Singaporeans rich? Is Singapore rich? Even as Singapore is now ranked the most expensive city in the world by The Economist, we are also the country in which the gap between the rich and the poor is the largest. Meaning the rich are very rich and the poor are very poor.

How is it that we fail to see the many people living a hard life? How is it possible that we fail to extend our help to make the lives of these people better? Why is the government so focused on increasing our economic value that they are living the poor straggling behind?

Worst still, why are we Singaporeans not protesting against this? Dont you think that a minimum wage should at least be established ? Shouldn't cleaners for all that they do for us, dealing with our shit (quite literally), get paid more?

I feel that this is quite saddening. We fail to see the things that truly matter and instead focus on trivial and superficial matters like mrt trains disruption. Why havent we woken up yet ?

References:
http://thehearttruths.com/2014/11/05/this-is-what-is-wrong-in-singapore-now-are-you-willing-to-see-it/
http://www.investopedia.com/terms/m/minimum_wage.asp
http://i.word.com/idictionary/poverty%20line