Singapore 's Economic Performance : Singapore Essay

On the 9th of February 1942, three divisions of Japanese soldiers landed in Singapore, which was at the time a major British military base and presence in the Pacific. Six days later, over 90 000 British, Australian and Indian troops were forced to surrender. It had been believed that Singapore guaranteed the security of Australia during the war, consequently, the fall of Singapore opened Australia to invasion. The fall of Singapore was significant in causing relations between Australia and the United States to increase as in lieu of Britain’s inability to provide economic and military assistance when it was required most, the United States’ capability to provide what Britain could not was instrumental in strengthening bonds.

The Fall of Singapore to the Japanese happened on the 15th February 1942 and is thought to be one of the greatest defeats in the entire history of the British Army and most likely Britain's worst defeat in all of World War 2. Singapore was considered to be a major part of the British Empire and it was thought to be as strong as a fortress. Improvement's to Singapore as a British military base had only been completed in 1938, a mere 4 years before the fall of Singapore.

In this paper I will present my research results regarding Singapore, as well as draw the picture of its marketing environment. I will include the information about the location, climate, population, religion and culture, official spoken languages, state of economy and level of technologies, political and legal systems, level of competition and potential for economic growth. In the conclusion I will highlight advantages and disadvantages of the Singapore marketing environment.

The poem, “Singapore”, by Mary Oliver advocates for respect for all types work. It is set in a restroom at an international airport in Singapore. The poem has two characters, who are the poet and a female toilet cleaner. The poem starts with the poet visiting a restroom at the international airport. The poet finds a native woman kneeling and cleaning the toilet that has human excreta. The poet is disgusted by this scenario. On the other hand, the toilet cleaner is embarrassed that the poet has found her doing this “undignified” work. The poet uses this scene to pass a message that all types work deserve respect. She uses imagery in her lines to express this message, which is discussed below.

level of economic development : Singapore have highly attractive to investment climate because one of the factor is so important that is Singapore has stable political environment

One of our major objectives was targeting potential market in Asia and economic analysis has shown us that Singapore is the best country with high-income economy. The pharmaceutical and petroleum

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

There were two major happenings that temporarily effected Singapore’s economy between 2001 and 2003—the worldwide electronics slump and the outbreak of Severe Acute Respiratory Syndrome (SARS). Both times, growth bounced back, by world demand for electronics, pharmaceuticals, other manufactured goods, and financial services. The return was mostly contributed to by the economies of its major trading partners—the United States, the European Union, Japan, and China, as well as expanding emerging markets such as India (Bureau of East Asian and Pacific Affairs, 2010). The next

In 2008, the economy is expected to weaken slightly. As the US is coping with its economic problems, with the possibility of oil prices increasing, if the US goes into a serious recession, this will definitely affect the Asian region and Singapore will be greatly affected. If the US was to suffer a serious recession in its economy, it will most likely drag “Singapore’s GDP growth in the upper half if the 4.5-6.5 per cent forecast range” This situation will be clearer in the first quarter of 2008.

Throughout the years, the United States of America has endured a very strong economy. Although there have been many obstacles of hindrance such as trade deficits, wars, hostile governments and embargo’s, the economic status of the United States still continues to prevail. Just to name a few, the economy of this country survives on simple commodities such as pork, oranges, precious metals and the productive efforts of its citizens. In this paper, I will not only introduce and discuss the logistics of both the United States and the United Kingdom; I will discuss its key economic obstacles and its economic well being.

Singapore has a highly developed market which has historically revolved around extensive exports trade, in other words an export driven economy hugely dependant on export of goods to other countries.

With foreign manufacturing industry entering Singapore market the manufacturing sector and its share in GDP grew from 16.6% in 1965 to nearly 30 % in 1980 and in 1993 manufacturing contributed to about 28 % of the total GDP and accounted for nearly 28% of employment. Singapore’s GDP raise to 13 times between 1960 and 1999. The nation has shown greatly decrease of figure of poverty. (United Nations 2000)

However, the development of Singapore’s society cannot be predicated on pure economics alone. Even though globalization has enabled Singapore to fare well in economic development, however, termed the perils of success, globalization has brought about undesirable

Singapore has a capitalised mixed economy. Having strong international trade links, Singapore possesses one of the most open economies for international trade and investment. Singapore offers foreign investors a pro-business environment, excellent infrastructure, highly-skilled and cosmopolitan labour force, and a robust legal/judicial system. These competitive factors have set Singapore apart from other locations, winning several accolades including: §

The Singapore economy had proved its resilience during the worst post-war recession and experience exceptionally high economic growth during the 42 years since its independence. For the period 1966-1973, the economy expanded consistently at a double-digit growth rate in real terms (Kum Poh, 1982, p.1). Gross Domestic Product (GDP) at constant prices continues to rise at an annual rate of 8 percent till 2005. With population growth at 2.1 percent, per capita GDP increased by 5.8 percent on average each year (Gesquiere, 2007, p. 12).