Reasons why TFR continues to drop for Singapore?

Reasons why TFR continues to drop for Singapore?

Total Fertility Rate dipped to 1.20
I refer to the article “Singapore’s total fertility rate dipped to 1.20 in 2016” (Straits Times, Feb 11).
It states that “The new data shows 33,161 Singaporean babies were born last year, about 600 fewer than in the previous year (2015).
The drop pulled down the country’s total fertility rate (TFR) to 1.20. The TFR measures the average number of children per woman.
It is below the previous year’s 1.24, which is well below the 2.1 rate a population needs to achieve to replace itself.”
Why don’t make babies?
Why is it that Singaporeans are not having children?
Well, here are some likely reasons:

Monkey see monkey don’t do?
How many of you have seen a friend, relative or colleague suffer together with their family and children, when they lose their jobs, had substantial cuts in income or had hardly any real increase in income for years?

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