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Singapore slips into recession due to the global financial crisis. World economies hit badly; banks around the world collapse. 16 October: Singapore government guarantees all local and foreign currency fixed deposits with a $150 billion pool for that in view of the financial crisis, joining governments around the world in doing so. 2011: 7 May
Singapore also attracted big oil companies like Shell and Esso to establish oil refineries in Singapore which, by the mid-1970s, became the third-largest oil-refining centre in the world. [91] The government invested heavily in an education system that adopted English as the language of instruction and emphasised practical training to develop a ...
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.
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.
The 1573 map by Egnazio Danti showing Cingatola as an island located on the tip of Regio di Malaca. The only comprehensive account of Singapore's history in this era is the Malay Annals. These were written and compiled during the height of the Malacca Sultanate and re-compiled in 1612 by the court of the Johor Sultanate. It is the basis for ...
The World Health Organisation ranks Singapore's healthcare system as 6th overall in the world in its World Health Report. [477] Singapore has had the lowest infant mortality rates in the world for the past two decades. [478] In 2019, Singaporeans had the longest life expectancy of any country at 84.8 years.
The old and the new Singapore as seen from an alley behind Boat Quay (2023) (from History of Singapore) Image 14 The Sultan Mosque , built in 1826 in the Kampong Glam district, is the oldest and one of the largest mosque in Singapore.
The City of Singapore existed between 1951 and 1965 in the Colony of Singapore, a British Crown colony and later in the State of Singapore within Malaysia, with the City Council as the governing authority. Before 1951, the City Council was known as the Municipal Commission. [1]