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Singapore Introduction

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2013

Singapore TIMEs

 HISTORICAL ANCIENT TIME

EVENT OF SINGAPORE

September

THE ROAD TO SUCCESS

----- One of Asia’s great success stories, transforming itself from

A developing country to a modern industrial economy in one generation. ------Singapore is an small island with a high population density, The country is an economic giant and highly urbanized with very little primary rainforest remaining, although more land is being created for development through land reclamation It has been Southeast Asia's most modern city for over a century

World’s 6th

Best country to live life to the full For safety, quality of living

*********** Tops in Mercer's Quality of Living and Safety surveys. The city ranked 25th in the Quality of Life survey and eight in the safety one. Singapore also possesses the world's tenth largest foreign reserves

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Today, Singapore has a highly developed market-based economy 2011 Index of Economic Freedom ranks Singapore as the second freest economy in the world,

Cutest appellation for a country “The Lion City”” The Garden City”. The 'Fine' City. All venerable nicknames, but the perennial favorite has to be the Little Red Dot. We're so small and unnoticeable on the world map but notice us the world did, with accolades the 'most livable city in Asia' and the 'best city in the world to live in for Asia expatriate

we are Singapore, hear us roar.

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To doing Business and work

in Singapore 1. Immigration system actively welcomes qualified individuals. 2. Extremely low Taxation 3.Safe and comfortable to live in. 4. People are generally highly qualified, polite 5. Exposure to Western culture to avoid culture shock. 6. Effective command of English within professional circles. 7. Food is plentiful, diverse, good and inexpensive. 8. Taxis are significantly inexpensive 9.Public transport is out of this world 10. Convenient access point to other exciting parts of the world


Singapore TIME s

Founding of modern Singapore The world's busiest port, the modern nation of the Republic of Singapore, was founded as a British trading post on the Strait of Malacca in 1819. Singapore's location on the major sea route between India and China, its excellent harbor, and the free trade status conferred on it by its visionary founder, Sir Thomas Stamford Raffles, made the port an overnight success.

By 1990 the multiethnic population attracted to the island had grown from a few thousand to 2.6 million Singaporeans, frequently referred to by Prime Minister Lee Kuan Yew as his nation's greatest resource. If Raffles had set the tone for the island's early success, Lee had safeguarded the founder's vision through the first quarter-century of Singapore's existence as an independent nation, providing the leadership that turned it into a global city that offered trading and financial services to the region and to the world.

Raffles' landing in Singapore in 1819 Thomas Stamford Raffles was born at sea on board a ship Ann on the 6th of July; He accepted his first job in the East India Company as a clerk. His mastery over the Malay language made him indispensable to the British Government, and he was later appointed Malay translator to the Government of India. In 1811, he returned as the Lieutenant Governor of Java, and was soon promoted to Governor of Bencoolen (now Sumatra). On 19th January, 1819, Raffles founded modern Singapore and first mooted the idea which led to the establishment of the Raffles Museum on the island.

Timeline 19 Jan 1819: Raffles leaves Penang aboard the Indiana, under the command of Captain James Pearl, to establish a new settlement south of Malacca. 27 Jan 1819: The Indiana rendezvous with the Discover and the Investigator with Farquhar onboard, surveying the possibility of the Karamu islands as a new British site. After discussion, they decide against it and head towards Singapore. 28 Jan 1819: The Indiana and Enterprise anchor at St John's Island, meeting with locals in the evening. 29 Jan 1819: Raffles and Farquhar land by a river in Singapore and meet the Temenggong. 30 Jan 1819: A draft agreement is penned between the Temenggong and the British and the Union Jack is raised with little ceremony. 1 Feb 1819: Sultan Hussein (Tungku Long) arrives from Riau. 6 Feb 1819: The Singapore Treaty is signed between Raffles, Sultan Hussein and the Temenggong with Commanders from the accompanying seven ships witnessing the event. Farquhar is appointed Resident and Commandant under the authority of Raffles as Lieutenant-Governor of Bencoolen. The Union Jack is officially raised. This date is recognized as the official founding of Singapore.

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Singapore

=Republic= =of Singapore= Singapore gained its independence and became a republic After

The and federal governments the state separation, the fledgling nation had to become self-sufficient, and faced problems including mass unemployment, housing shortages and lack of land and natural resources such as petroleum. During Lee Kuan Yew's term as prime minister from 1959 to 1990, his administration curbed unemployment, raised the standard of living and implemented a largescale public housing programmed. The country's economic infrastructure was developed, racial tension was eliminated and an independent national defense system was created

July 18, 1967

British Withdrawal from Singapore

Singapore Is out!! Independence Sprit form Malaysia

the British announced its plans to withdraw its troops from Singapore by the mid-1970s. Six months later, the deadline was brought forward to 1971 due to economic problems arising from the devaluation of pound sterling. The news came as a shock to Singapore because Britain had earlier given their assurance that the pullout would be done in stages. Despite the protests and intense lobbying, Britain announced on 16 January 1968 that they would pull out from Southeast Asia by 1971. As a compromise, the British agreed to extend the deadline for withdrawal from March to December 19

Singapore evolved from a developing nation to first world status towards the end of the 20th century.

Self-government

9 August 1965 Prime Minister Tunku Abdul Rahman

Singapore became part of Malaysia on 16 September 1963 merger with Malaya, Sabah, and Sarawak. Thought to benefit the economy by creating a common, free market, Also had conflicts on the economic front. UMNO leaders feared that the economic dominance of Singapore would inevitably shift political power away from Kuala Lumpur

Feb 15, 1942

Partial internal self-government (1955–1959) David Marshall, leader of the Labor Front, became the first Chief Minister of Singapore. He presided over a shaky government, receiving little cooperation from either the colonial government or the other local parties. Social unrest was on the rise, and in May 1955, the Hock Lee bus riots broke out, killing four people and seriously discrediting Marshall's government.

Singapore falls to Japan Singapore, the "Gibraltar of the East" and a strategic British stronghold, falls to Japanese forces.The battle between Japanese and British forces on the Malay Peninsula continued throughout December and January, killing hundreds more civilians in the process. The British were forced to abandon and evacuate many of their positions, including Port Swettenham and Kuala Lumpur.

Full internal self-government (1959–1963) Elections for the new Legislative Assembly were held in May 1959. The People's Action Party (PAP) won the polls in a landslide victory, winning forty-three of the fifty-one seats. They accomplished this by courting the Chinese-speaking majority, particularly those in the labor unions and radical student organizations. Its leader Lee Kuan Yew, a young Cambridgeeducated lawyer, became the first Prime Minister of Singapore.

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By 31 January 1942, all British Empire forces had withdrawn from the Malay Peninsula onto Singapore Island. On 8 February, the Japanese landed in the north-west of the island and within six days they were on the outskirts of Singapore city, which was also now under constant air attack.


Singapore

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Singapore's development

*And Industries thriving nowadays* Are you considering doing business in Singapore? If so, it would be beneficial to find out which industries are currently thriving in the area. Currently service industries are enormously successful in Singapore, constantly growing and providing new opportunities for entrepreneurship and investment.

Finance

12% of Singapore’s GDP and 5.5% of the total workforce are involved in the financial services industry. Insurance and investment banking have been established in Singapore. These centers serve not only the domestic economy, but the wider Asia Pacific region.

Consulting Nine of the top ten global HR consulting firms and eight of the top ten global businesses and management consulting firms are based in Singapore. One explanation for this is Singapore’s close location in regards to many Asian countries, like China and India.

Legal Since 2007 the number of registered legal services firms has significantly increased in the area. Eight of the world’s top ten law firms by revenue have established their practice in Singapore, according to Contact Singapore, which shows the enormous potential this country has economically.

Engineering In 2011 Singapore’s engineering services industry contributed to about 1.2% of its GDP and employed roughly 35,000 people. Today this industry is working towards developing innovations in engineering that will help the industry worldwide.

Towards A New Economy

And globalization

The regional economic crisis that broke in mid-1997 was a watershe Event for Asia. Although Singapore emerged from the crisis in relativ Good shape, the economic challenges it faces remain enormous.

attracting investments in the high growth and high valueadded areas

Build world-class companies

Education support

encourage the efficient supply and usage of land and utilities

Foster an environment encourages risk-taking, innovation and creativity

Twin engines growth Manufacturing+ Service

Build human capital for life-long employability

Singapore aims to become an advanced and globally competitive Knowledge economy within the next decade. To this end, Seven strategies have identified.

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Singapore Times  

By Phicha T & Fabrice Allen

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