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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 .
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.
Singapore is the 5th most visited city in the world, and 2nd in Asia-Pacific. [4] The Travel and Tourism Competitiveness Report 2017 ranks Singapore 13th out of 136 countries overall, which was the third best in Asia only behind Japan (ranked 4th) and Hong Kong (ranked 11th). The report ranks Singapore's business environment, international ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 3 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 ...
The British government devoted significant resources into building a naval base in Singapore, as a deterrent to the increasingly ambitious Japanese Empire. Completed in 1939 at a staggering cost of $500 million, the naval base boasted what was then the largest dry dock in the world, the third-largest floating dock , and enough fuel tanks to ...
Citing that Singapore's 900,000 Baby Boomers would comprise a quarter of the citizen population by 2030 and that its workforce would shrink "from 2020 onwards", the White Paper projected that by 2030, Singapore's "total population could range between 6.5 and 6.9 million", with resident population between 4.2 and 4.4 million and citizen ...
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Education spending usually makes up about 20 per cent of the annual national budget, [7] which subsidises state education and government-assisted private education for Singaporean citizens and funds the Edusave programme. Non-citizens bear significantly higher costs of educating their children in Singapore government and government-aided schools.