That's right. Same thing was suggested by the third generation "Thai-Chinese" to make it more "Thai" but the elder Chinese rejected the idea due to the fact that Lion/Dragon dance is, well, their heritage of the Chinese culture. No matter how much they try to change, they still are Chinese and shouldn't forget that.
Didn't Singapore mean something like "New Land" or something? In Chinese it's called "Xin Jia Pua"[sp?], which meaning I am clueless. But I like Singapore better though, it suggest power and authority more than, uh, "New Land".