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Singapore Changi Airport was opened in 1981 and Singapore Airlines was developed to become a major airline. [99] The Port of Singapore became one of the world's busiest ports and the service and tourism industries also grew immensely during this period.
Singapore has a highly developed market economy, based historically on extended entrepôt trade. Along with Hong Kong, South Korea, and Taiwan, Singapore is one of the Four Asian Tigers, and has surpassed its peers in terms of Gross Domestic Product (GDP) per capita. Between 1965 and 1995, growth rates averaged around 6 per cent per annum ...
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.
This is an accepted version of this page This is the latest accepted revision, reviewed on 20 January 2025. Economy of Singapore Skyline of Singapore's Downtown Core Currency Singapore dollar (SGD/S$) Fiscal year 1 April – 31 March Trade organisations WTO, APEC, CPTPP, IOR-ARC, RCEP, ASEAN and others Country group Developed/Advanced High-income economy Statistics Population 6,040,000 (2024 ...
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.
A city-state is an independent sovereign city which serves as the center of political, economic, and cultural life over its contiguous territory. [1] They have existed in many parts of the world throughout history, including cities such as Rome, Carthage, Athens and Sparta and the Italian city-states during the Middle Ages and Renaissance, such as Florence, Venice, Genoa and Milan.
The AI revolution has already minted dozens of unicorns—startups valued at $1 billion before going public. Now it could create a whole new type of startup: the one-person unicorn.
Under the Constitution of Singapore, they are recognised by the government as the indigenous people of the country, with Malay as the national language of Singapore. At the time of the arrival of British colonial official Stamford Raffles in 1819, the native Malays were the majority living on the island, which at the time had a total estimated ...