A Brief Note On Singapore And Conduct Business

English is a language which is known for a very long time. From roughly 400 a.C. it started to develop and this is still continuing. English has had a lot of invasions from languages while it eventually was spread all over the world. Meanwhile there are a lot of different types of English. Almost in every part of the world, English is influenced by other languages of that region. Just the same happened in Singapore. An English-based creole named Colloquial Singaporean English also known as Singlish has developed here. At the moment there is a discussion going on about the question if the Singaporean government should support or discourage Singlish?

Singapore is a very diverse and young country. There are many different ethnicities in Singapore, which brought many languages, religions, and cultures to the country.

Languages: The national language of Singapore is Malay for historical reasons, and it is used in the national anthem, "Majulah Singapura". The official languages are English, Mandarin, Malay and Tamil. English has been promoted as the country's language of administration since independence. The English used is primarily British English, with some American English influences. The use of English became widespread in Singapore after it

In Singapore, relations with countries like Malaysia and Indonesia are very important due to geographical reasons. Singapore must never take its right to exist and security for granted due to the fact that we are one of the safest counties in the world. Being a small nation of the international community, Singapore must be able to rely on access to other country markets to have fair trade practices. Ever since Singapore attained its independence, being a good neighbor and having economic and social relations has been its goal with all counties.

Singapore is a fun-filled and a must place to visit. There’s a lot to see and do here from iconic architectural marvels, incredible tropical parks, beautiful beaches, delicious Indian and Chinese food, shopping, theme parks, and a world-class zoo. Although, this place is expensive than the other places in the region, which is why many travelers stay in Singapore only for a few days or opt to skip it altogether. But if these few simple tips can surely help you save more during the trip.

In most cultures, a handshake is an acceptable greeting. However, the meaning of the grip of a handshake varies from culture to culture. Also, there are different greetings that are more effective in some cultures.

It’s acceptable to talk business right after meeting someone. Business cards play an important role in greeting someone in a business meeting. You should bow and offer them your business card with the Japanese translated side pointing up. Knowledge and learning is important in Japan especially when doing business. If given a business card, you should show that you are interested in it. Taking time to read it and ask questions like how to pronounce the person’s name correctly and what the person does in his or her position. You should treat the business card with respect by putting it in your wallet or shirt pocket. You want to look professional and respectful, showing interest in a person and trying to make a sort of bond is very important.

Known as one of the Four Asian Tigers, Singapore’s globalized and diversified economy is only behind Hong Kong’s. That title has been achieved due to its market economy, “A highly developed, and one of the freest, most competitive, innovative and business friendly economy based on extended entrepôt trade, a profitable trading post that allows importing and exporting free of duties.” (Wikipedia)

There are individuals who have an interest in conducting business in a foreign countries. Gaining a broader understanding of an individual language and culture which, will have a great value to a person who is conducting business in a foreign country. The United Kingdom is a country that is known for the world’s leading business locations and also the number one destination for investments. For this reason, I have decided to extend my interest in the country United Kingdom. Doing business in the United Kingdom is very different than the United States. It is imperative that you research before you visit another country. It will provide you with a better understanding about what to expect when doing business with individuals in foreign countries. Any individual that has a desire to do business in a foreign county should feel obligated to gain an understanding of the country’s cultural distinctiveness, customs and habits, before conducting business no matter the country. There are several cultural challenges you can encounter and will also have to overcome several risks which are related to conducting a business in a foreign country. There are also some advantages to doing business in foreign countries, such as gaining new opportunities for growth and profit as well. In addition, I will provide business etiquette, risks in a foreign country, ethics issues, and if the country a high/ low context culture.

Two of the worlds leading economic countries accounted for more than three fourths of Singapore 's trade in services, while other smaller countries accounted for the remaining one fourth. Due to these foreign investments into the economy, Singapore was able to prosper. The Aegean Islands was the highest percentage of Singapore 's South Eastern Asian trade. As predicted by Stamford Raffles, Singapore succeeded in trade with the Aegean Islands, which made up 74% of Singapore 's overall trade in 1825. Towards the early 19th century, the Singapore economy began to benefit from one of the world leading powers. By the early 1930 's, Singapore had become the principal distributor of Japanese goods in Malaya, Thailand and Dutch East Indies. Elsewhere the increasing financial bond between Singapore and Japan is evident through their early trade and distribution. From the early entrepot trade economy of the British, a trading port where products could be imported, stored and trade, Singapore has continued to restructure itself and diversify with the inclusion of other foreign powers. Singapore’s wide range of foreign powers is what has allowed it to grow financially over seas. With the aid and investment of some of the most economically successful countries in the world, Singapore was able to grow. Singapore 's major trading partners were commercial services that would open possibilities for the future enterprises of Singapore.

Although Chinese population has played a dominant role to enable the economic development throughout the Southeast Asia (Wu, year, p. 112; Unger, year, p.47), Singapore is different from other countries. Since Singapore is highly organized country in terms of politics and economy, its state government has strategically utilized Chinese both as human resources and social ideologies. The government has successfully benefited from its Chinese population, and also Chinese population in return has appreciated its political, economic, cultural and educational superiority as a majority in Singapore: “The economic hierarchy in Singapore

Singapore’s quality lifestyle fascinates the world. Its unbelievable evolution as world’s leading business and finance hub persuaded Jim Rogers, an American-born businessman and Wall Street giant, to move to Singapore in 2007. This country is now best known for living peacefully with cultural diversity, offering a safe living environment to its residents, tax facilities, a world class business community and a very stable lifestyle.

Singapore is a very interesting place. For quite a while people did not even know what to call it, a city, a country or just a territory. It is currently called an island city state. It is located off of the coast of Malaysia and Singapore is a very large center of global finance. Its currency is the Singapore dollar, its GDP is 55,182 United States dollar. And, its official languages are English, Tamil, Malay and standard Mandarin. A third of their religion is Buddhist and 18.8 percent is Christian. Singapore governs itself on a Westminster parliamentary system and their current president is Tony Teng Keng Yam. (Britannica 1-2; YourSingapore 1-5)

Singapore is an open economy with high trade to GDP ratio of 2.3 times (GDP 2011 was $326B, whereas total trade value in 2009 was $747.15B) and is exposed to many external factors, especially economic development in a main export market. Our main trading partners are: Malaysia China Euro zone USA Indonesia –

Singapore is a sovereign republic, with a legal system based on the English common law.(government of Singapore, 2014)