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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.
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]
In 1819, British statesman Stamford Raffles negotiated a treaty whereby Johor would allow the British to locate a trading port on the island, ultimately leading to the establishment of the Crown colony of Singapore in 1867. Important reasons for the rise of Singapore were its nodal position at the tip of the Malay Peninsula flanked by the ...
PSA International Pte Ltd, formerly the Port of Singapore Authority, is a global port operator and supply chain company.One of the largest port operators in the world, PSA's portfolio comprises over 70 deepsea, rail, and inland terminals across more than 180 locations in 45 countries, including flagship operations in Singapore and Belgium, and encompasses supply chain solutions, marine, and ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 27 February 2025. 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 6,040,000 (2024 ...
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.
Major towns in the Hanseatic League were known as kontors, a form of trading posts. [7]Charax Spasinu was a trading post between the Roman and Parthian Empires. [8]Manhattan and Singapore were both established as trading posts, by Dutchman Peter Minuit and Englishman Stamford Raffles respectively, and later developed into major settlements.
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 .