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The economy of Singapore
The economy of Singapore
The economy of Singapore
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Singapore, or the Republic of Singapore, is an island nation located just off the southern coast of Malaysia. This southeastern city-state is separated from its northern neighbor by the Johore Strait. Singapore is separated from Indonesia on the south side by the Singapore Strait (Ho, Winstedt, Leinbach, & Kenndard, 2016). The advanced logistics infrastructure of Singapore supports continued business growth and attraction to the developing country (“Comparing Logistics Infrastructure of Countries in ASEAN,” 2007). As of July 2016, the current population of Singapore is estimated to be 5,781,728. This number continues to grow at a rate of 1.86%. Over fifty percent of the population falls into the 25 – 54 years age structure. The next largest …show more content…
These include Mandarin (36.3%), English (29.8%), Malay (11.9%) and Tamil (3.2%). Other languages include Hokkien (8.1%), Cantonese (4.1%), Teochew (3.2%), other Indian languages (1.2%), other dialects of Chinese (1.1%), and other (1.1) (“East & Southeast Asia: SINGAPORE,” 2016). Chinese is the predominant ethnic group with seventy-four percent of the population. Malay is the second most dominant group at thirteen percent. Nine percent of the population identifies their ethnicity as Indian, while the remaining three percent classify their ethnicity as “other” (“Country Profile - Singapore,” …show more content…
The English and the Dutch administered regular expeditions to the East Indies throughout the seventeenth and eighteenth centuries. In 1819 Britain established the British East India Trading Post in Singapore. Trade activity in Singapore was an economic success. Public and commercial infrastructure projects began to develop with the booming economy. Singapore did not participate in World War I; however, they did feel the weight of the economic downturns and booms throughout the course of the war. Singapore faced the Japanese in World War II during the Japanese Malay Campaign. The country was taken over by the Japanese until 1945. The British colonies were left in poor economic and social standings. In 1953 Singapore petitioned to become a self-governing entity. The People’s Action Party was formed shortly after. On August 9, 1964, Singapore became a sovereign state (LePoer & Vreeland,
Life is not always easy, at some point, people struggle in their life. People who are in the lower class have to struggle for a job every day and people who are in upper class also have their own problems to deal with. These ideas are very clear in Mary Oliver’s “Singapore”, Philip Schultz’s “Greed” and Philip Levine “What Work Is”. In "Singapore" a woman is likely lower class because she works at the airport and her job is to clean the bathroom. In both “Greed” and “What Work Is”, the speakers make the same conclusion about the struggle in the lower class. “Greed” furthermore discusses how Hispanics get a job first before whites and blacks because they take lower wages. All three poems deal with class in term of the society. The shared idea
In 2011, the population of Asians with more than one race was estimated at 18.2 million.
World War II was a gruesome war which caused lots of deaths. But for Japan it was a chance for them to rise, gain power and recognition from the western countries that looked down on them. But because of this Australia has had to face Japan in numerous battles. These are the most important and significant ones for Australia.
For instance, English is the official language, both in Singapore and Hong Kong. Moreover, Singapore and Hong Kong both became international financial and economic centers. The new technology, education systems and the Enlightenment ideas introduced by the British built a bridge between their past to their irreplaceable positions in the modern world. Yet, Singapore and China suffered severe economic distress for years. Also, the hardship of Chinese and Singapore citizens under the era of imperialism was inestimable. Imperialism could not be praised or blamed. It is the product of historical background and complex relationships among
Confederation College can also train the people but that will include a lot of cost initially and it will be better to match Singaporean HR style with the existing HR style over time and slowly. Social and cultural factors Crime rate Singapore has the second lowest murder rate in the world. The security of personal belongings while traveling, the rate of snatching and pick pocketing is reducing every year in Singapore. According to a report by BBC in 2011, for 80 days there was no record of pick pocketing and snatching in Singapore (BBC, 2013).
Comparative advantage means that an industry, firm, country or individual are able to produce goods and services at a lower opportunity cost than others which are also producing the same goods and services. Also, in order to be profitable, the number in exports must be higher than the number in import. From the diagram we seen above, Singapore is seen to have a comparative advantage in some services. The services are Transport, Financial, business management, maintenance & Repair and Advertising & Market Research, etc. These export services to other countries improve the balance of payment. On the other side, Singapore is seen to have a comparative disadvantage in some services. The services are Travel, Telecommunications, Computer & Information,
Singapore’s education journey can be divided into three broad phases namely the Survival-Driven Education (1959 – 1978), Efficiency-Driven Education (1979 -1996) and the Ability-Based, Aspiration-Driven Education which Singapore has adopted since late 1990s. The education policies have evolved to address the context of the country’s stage of development and the challenges it faces at each point. More recently, we are transiting into a knowledge-based economy to face external challenges such as market volatility, increasing globalisation and rapid technological advancement. As Singapore does not have its own natural resources, it is a necessity to develop the people to their fullest to survive. And as the future becomes more volatile with rapid
Main reasons for the interest of British in the country in the 19th Century: The opening of Singapore, The Anglo-Dutch Treaty of 1824, the establishment and transfer of power of the straits, Settlement Intervention of the Malay States, the progress of British Administration and opening of the rubber estates.
Film critics and audiences have dubbed I Not Stupid an excellent commentary on the education system and government paternalism. The movie stars three school children who have been channelled into the undesirable EM3 stream, and shows the trials and tribulation of these children and their parents. I Not Stupid has been described as a "coming of age movie"1 for its rare ability to criticise the government and its policies and bring pertinent issues to light, so much so that many are surprised that it managed to get past the not-too-kind local board of censors. This presents us with an interesting question - with its explicit references to the government and its blatant criticisms of government policies, how did this political satire get past the censorship board? Was it a case of the censors deciding that this sort of criticism was acceptable once in a while? Or perhaps the censors just saw the movie differently. At first mention, the latter might sound very unlikely. However, if we ask ourselves what the real butt of the satire is, we might begin to realise that there is a possibility that this movie is not intended to be a political satire at all. In fact, it is my contention that the butt of the satire in this movie is the Singaporean mentality, and not the government.
1. In 1810, Sir Stamford Raffles founded the island of Singapore and later claimed it in an attempt to create a trading post for the British. This trading post was located on the southern tip of the Malay Peninsula, which was important for trade from East Asia and India. In the early 19th century, Malays, Chinese, and Indians came to Singapore to begin trade. The language spoken by these ethnicities affected one another and resulted in a choppy, sing-song version of the Queen’s English with heavy accents from the Hokkien, Malay, Cantonese, Tamil, and more.
British was not ready to let Singapore be self-governed then due to its military bases that were situated in Singapore. They were afraid that upon independence, these bases would fall into the hands of communists. Through this, it can be seen that the Japanese Occupation did not result in the making of a Singapore nation; instead, Singapore escaped the clutch of Japan only to be under the rules of British again. However, the separation between Malaya and Singapore showed that the British did have plans to eventually hand down the power to Singapore leaders to govern themselves just that they did not plan for it to take place immediately after the war ended. To add on, the British also introduced Rendel Constitution which allowed partial self-government by the locals. This further shows that British did have plans to make Singapore into a self-government country gradually.
According to Mark Evans (2006), elitists believe that society is dictated by “the nature of its elite”. Robert Michels, Vilfredo Pareto and Gaetano Mosca agree that power was concentrated “in a small set of controlling elites”, particularly in the decision-making process. Because a government directly controlled by the masses was considered impossible, the people elect representatives which they believe would best represent their interests to the government. However, the representatives also take into account the interests of the dominant elite group of which they are part of (ibid, pp. 41-42). The governing elite must also consider freeing themselves from a class group “in order to forward the long-term interest of an entire dominant class”,
Singapore has only a small number of natural resources, so it relies on its human capital as an advantage which is well-known globally and also known to be a skilled work force. Another advantage that Singapore has is its prime location in where the tiny island is located. This have given the people an edge of being a busy port, placing itself as the leader of the trading hub and logistics
Nowadays, Singapore is formed by many diverse cultures and these simple ingredients have grown into well renowned cuisines.
Singapore is a dream destination for many of us. Some go there just to take in the beauty and glamour of the place while some go there to find employment. Whatever might be your reason, you need to get a visit visa. One thing you need to understand and remember is that Singapore is extremely strict when it comes to visa permit. Do not get fooled or cheated by people who promise to get you to Singapore without a permit. Remember that this is illegal and can lead to harsh punishment and even deportation. In order to ensure that you get a valid visit visa, you need to know how to get a Singapore visit visa in the right way.