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One of the five founding members of ASEAN, Singapore is also the headquarters of the Asia-Pacific Economic Cooperation Secretariat, the Pacific Economic Cooperation Council Secretariat, and is the host city of many international conferences and events.
The Asia–Pacific (APAC) is the region of the world adjoining the western Pacific Ocean. The region's precise boundaries vary depending on context, but countries and territories in Australasia , East Asia , and Southeast Asia are often included.
It is also identified as a tax haven. Singapore is the only country in Asia with a AAA sovereign credit rating from all major rating agencies. It is a major aviation, financial, and maritime shipping hub and has consistently been ranked as one of the most expensive cities to live in for expatriates and foreign workers.
Singapore's history dates back at least eight hundred years, having been a maritime emporium known as Temasek and subsequently a major constituent part of several successive thalassocratic empires. Its contemporary era began in 1819, when Stamford Raffles established Singapore as an entrepôt trading post of the British Empire.
Singapore's neighbour Indonesia has also been investing in submarines, ordering two advanced Scorpene-class boats from French state-owned shipyard Naval Group. Malaysia operates two older versions ...
Initially, the Group was known as the Asian Group. [8] However, by the 1970s, Pacific island nations were gaining independence and joining the group. By the mid-2000s the number of Pacific island nations in the group had reached over one fifth of the membership, so they began to advocate for a change of name of the Group.
This is an accepted version of this page This is the latest accepted revision, reviewed on 19 December 2024. 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 5,917,600 (Jun ...
This is a list of sovereign states and dependent territories in Asia. It includes fully recognized states, states with limited but substantial international recognition, de facto states with little or no international recognition, and dependencies of both Asian and non-Asian states. In particular, it lists (i) 49 generally recognized sovereign states, all of which are members of the United ...