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Singapore became an independent republic on 9 August 1965. By the 1990s, the country had established a highly developed free market economy and strong international trading links. It now has the highest per capita gross domestic product in Asia, [ 2 ] which is 7th in the world, and it is ranked 9th on the UN Human Development Index .
Singapore-on-Thames", [1] [2] sometimes "Singapore-upon-Thames", was a hypothetical new model for the British economy after Brexit. Under it, the United Kingdom would greatly diverge from its neighbours in the European Union (EU), offering businesses low tax rates and a much lighter regulatory climate as an alternative, much like Singapore does ...
Singapore gained self-governance in 1959 and, in 1963, became part of the new federation of Malaysia, alongside Malaya, North Borneo, and Sarawak. Ideological differences led to Singapore's expulsion from the federation two years later; Singapore became an independent sovereign country in 1965.
Singapore is the United Kingdom's largest trading partner in Southeast Asia, with two thirds of UK exports to this region flowing into Singapore. UK exports of goods only to Singapore in 2010 were valued at £3.29billion, a 15% increase from 2009 while imports of goods from Singapore in 2010 were valued at £3.99billion, an 18% increase from 2009.
Supporters have often cited Singapore as a successful example for a fully-fledged and sovereign London. London's status within the United Kingdom has been debated for several years, with some calls for increased autonomy, [2] [3] Supporters have frequently cited Greater London's population of over 8 million people, its economic size, its global role, its diverse population and its unique ...
Singapore is an island city-state in Southeast Asia bordering Malaysia to the north and Indonesia to the south. 6 million people live and work within 728.3 square kilometres (281.2 sq mi), [26] making Singapore the 2nd-most-densely populated country in the world after Monaco. Singapore was part of the Federation of Malaysia for two years before ...
The country's economic infrastructure was developed, racial tension was eliminated and an independent national defence system was established. Singapore evolved from a third world nation to first world nation towards the end of the 20th century. [2] In 1990, Goh Chok Tong succeeded Lee as prime minister.
The self-governance of Singapore was carried out in several stages. Since the founding of Singapore in 1819, Singapore had been under the colonial rule of the British. The first local elections on a limited scale for several positions in the government of Singapore started in 1948 following an amendment to the Constitution of Singapore.