Business in Singapore

Singapore is the nation of islands which is situated on the South of Malay Peninsula. Its area is only 704,0 square kilometers, and it is the smallest country in Southeast Asia. Its anthem is Majulah Singapura

For instances, Singapore is East Asia’s economic powerhouse. Singapore accumulates 55,182.48 in gross domestic product for the year 2013, that is slightly more than the United States brought in 2013. Their economy is mainly supported by shipping out machinery, goods, chemicals and mineral fuels, etc. Singapore gets many visitors due to its impressive machinery and transport systems that have been improving

US and Singapore approaches to the unemployment problem are significantly different in culture, institutional, civic and global forces. In culture, Singapore has a superior geographical position. According to the maps of the world, “Singapore is located on the southern tip of the Malay Peninsula in Southeast Asia, between the Indian Ocean and the South China Sea.” because of the convent location. Singapore has many ports. Singapore is the use of this special

It is also easy for many other companies to set up headquarter in Singapore as their starting point in Asia to make it possible to reach to its market point. In addition, Singapore is unique in different lifestyles and culture. It is also known for its capability of attracting sizable foreign investment, pro-business environment and entrepreneurs. Singapore focuses more on a knowledge based economy which can be seen in its education sysem. Furthermore, Singapore is located in the heart of Asia and it plays an important role in international

My research will be based on Political, Economic, and Social Organization of Singapore—an industrialist city-state.  Even though Singapore 's history dates from the 11th century, the island was little known to the West until the 19th century. Singapore is one of the World 's largest ports, because the city of Singapore has become a major port, with trade exceeding that of Malaya 's, Malacca and Penang combined. The opening of the Suez Canal in 1869 and the advent of steamships launched an era of prosperity for Singapore as transit trade expanded throughout Southeast Asia (Bureau of East Asian and Pacific Affairs, 2010). Singapore is a very

Being a Singapore native, my work presents interesting encounters in my daily work life as a manager in

CapitaLand has been an influential key player within the real estate industry with a diversified portfolio from homes to mixed apartment leveraging on its expertise in industry knowledge and financing capabilities. In recent years, opportunities within the Asia Pacific region, particularly Singapore, has grown impressively due to motivational factors such as increased travel with cheaper options made available from budget airlines and global events Formula One Night Race and Youth Olympic Games (CapitaLand, 2014).

Some interviewees put it down to the influence of the Singaporean government on the corporate sector – the former has inclined towards forward planning and orderly action in shaping the country’s success to date. This influence has also shaped the country’s education system, which undoubtedly influences the paradigm of many Singaporean business leaders.

In recent years, due to the influx of foreign ‘talents’ and foreign workers, more and more Singaporeans are migrating to work and study in other countries due to the increasing stress of living in Singapore with increased competition. Some think that the education provided overseas are much better than what is offered in Singapore while others think that there are much more employment opportunities outside of Singapore, where there is a bigger labour pool. However, for myself, I would not like to study or work aboard as I feel that the education system in Singapore is already one of the best if not the best in the region, grooming top quality individuals that is able to help in the development of the country. Employment in the country is also

Singapore’s advances towards globalization started happening in the 1960s with the creation of the Jurong Industrial Estate, an industrial town built in a vast land not far from the Singapore Harbour (Jurong GRC, 2016, para. 3), and the establishment of the Singapore Economic Development Board (EDB) with the purpose to attract international investors to Singapore (Singapore Economic Development Board, 2015, para. 1). These were the mark of a new industrialized Singapore (Singapore Economic Development Board, 2016, para. 3).

Singapore is a country located in Southeastern Asia between Malaysia and Indonesia and it comprises the main island and around 50 smaller islands. (See Exhibit 1). It was a British trading colony in 1819 and joined the Malaysian Federation in 1963 but became independent two years later in 1965. A 697 squared kilometers country ranked as 192nd in the world according to its area and no more that 3.5 times the size of Washington, DC has become one of the world 's most successful countries with strong international trading relations and one of the world’s highest standards of living.

In modern day Singapore, xenophobia and racism are major issues. Singapore’s Government has been under deep criticism for years by the minority parties and a substantial amount of the population. Jobs in Singapore have increased on a drastic scale, as a result a massive migration of foreign workers into their workplace. Due to cultural biases, the result of the mass immigrations, legislature, work situations, events in other countries, have increased the xenophobia throughout Singapore. As the tensions have increased several ethnic and socio-economic groups have had varied responses and a few have been extremely notable. Singapore’s government has several solutions, some have been considered and some have not been mentioned but would easily be implemented and could gradually solve the problem.

Singaporean government guarantees that it has authority to seize, forfeit and destroy counterfeit and pirated goods and the equipment used to produce them. Robert B. Zoellick, (U.S. Trade Representative) stated the rule on The U.S – Singapore FTA; the rule contains groundbreaking protection for U.S. intellectual property such as software, movies, music and books. These protections are vitally important in the digital age. Finally, is about protection for the investors. The agreement will provide U.S. investors to operate in Singapore with a secure and predictable legal framework. With all of the above benefits from the bilateral free trade agreement with the U.S, Singapore has been ranked the second best place in the world to start a business (Forbes, 2002). Over 6000 multinational corporations have built their offices in Singapore. 3,600 used Singapore as their regional headquarters. 1,400 of these are U.S. – based companies comes with the largest Foreign Direct Investor in Singapore with the amount of US$27.3 billion and Intra-MNC trade accounts for over 60% of US-Singapore trade.

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)

Announced by BBC News, Singapore is ranked at the top as the “Easiest Country to Start a Business” and “World’s Top 20 Most Globalized Nations". One of the main reasons is because of Singapore’s strategic location is at the heart of ASEAN (Association of South East Asian Nations). This enables the business to be access up to 8 billion people within a seven-hour flight radius.