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On 31 December 2010, it was announced that Singapore's economy grew by 14.7% for the whole year, the best growth on record ever for the country. [ 125 ] The general election of 2011 was yet another watershed election as it was the first time a Group Representation Constituency (GRC) was lost by the ruling party PAP, to the opposition Workers ...
The history of the Republic of Singapore began when Singapore was expelled from Malaysia and became an independent republic on 9 August 1965. [1] After the separation, the fledgling nation had to become self-sufficient, however was faced with problems including mass unemployment, housing shortages and lack of land and natural resources such as petroleum.
Nation-building is a long evolutionary process, and in most cases the date of a country's "formation" cannot be objectively determined; e.g., the fact that England and France were sovereign kingdoms on equal footing in the medieval period does not prejudice the fact that England is not now a sovereign state (having passed sovereignty to Great ...
Tropical Storm Vamei, a rare tropic storm that occurs only once in 100 to 400 years, hits Singapore. 2002: 13 January: Singapore and Japan sign the Japan-Singapore Economic Agreement. 12 October: The Esplanade – Theatres on the Bay officially opened as Singapore's major performing arts centre. 2003: 1 March - 16 July: SARS virus outbreak in ...
Despite market freedom, Singapore's government operations have a significant stake in the economy, contributing 22% of the GDP. [266] The city is a popular location for conferences and events. [267] Singapore Airlines, the country's flag carrier, celebrated the nation's 2015 Golden Jubilee with a flag livery on its Airbus A380.
Other constitutional arrangements were swiftly settled in 1958, and on 1 August the Parliament of the United Kingdom passed the State of Singapore Act 1958, [18] granting the colony full internal self-government. Under Singapore's new constitution which came into force on 3 June 1959, [19] the Governor was replaced by the Yang di-Pertuan Negara ...
The city-state plays host to 400 French company sites (mainly in the electronics and financial services industries) and about 40 companies that have been founded locally. In 2003, 25 of these companies were included among the 1,000 leading companies in Singapore. STMicroelectronics is Singapore's biggest private employer.
The establishment of a British trading post in Singapore in 1819 by Sir Stamford Raffles led to its founding as a British colony in 1824. This event has generally been understood to mark the founding of colonial Singapore, [1] a break from its status as a port in ancient times during the Srivijaya and Majapahit eras, and later, as part of the Sultanate of Malacca and the Johor Sultanate.