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A range of artefacts including earthenware, ceramic, and porcelain pieces were found which suggests Singapore's role as an active trading port in the 14th century. [7] [8] By the 15th century, Singapore had declined as an international trading port due to the ascendance of the Malacca Sultanate. Local trade continued on the island.
Establishing a trading port from scratch was a daunting endeavor. Farquhar's administration was fairly funded and was prohibited from collecting port duties to raise revenue as Raffles had decided that Singapore would be a free port.
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.
[1] [2] The Treaty allowed the British East India Company to open up a trading post in Singapore, marking the beginning of a British settlement. [3] As Singapore was also a major trading port in ancient times, [4] [5] it is also often referred to as the founding of modern Singapore to reflect the fact that the history of Singapore stretches ...
The period saw Singapore establish itself as an important trading port and developed into a major city with a rapid increase in population. The city remained as the capital and seat of government until British rule was suspended in February 1942, when the Imperial Japanese Army invaded Singapore during World War II .
Singapore and Japan sign the Japan-Singapore Economic Agreement. 12 October: The Esplanade – Theatres on the Bay officially opened as Singapore's major performing arts centre. 2003: 1 March - 16 July: SARS virus outbreak in Singapore. 6 May: Singapore and United States sign the United States-Singapore Free Trade Agreement (USS-FTA). 29 October
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Port of Singapore viewed from The Pinnacle (2015) The Port of Singapore, managed by port operators PSA International and Jurong Port, was the world's second-busiest port in 2019 in terms of shipping tonnage handled, at 2.85 billion gross tons (GT), and in terms of containerised traffic, at 37.2 million twenty-foot equivalent units (TEUs). [358]