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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.
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.
This is an accepted version of this page This is the latest accepted revision, reviewed on 15 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 ...
In July 2020, the ruling party, The People's Action Party (PAP), won 83 out of 93 seats and 61.2% of the popular vote in the general election, meaning PAP won its 13th consecutive general election since Singapore's independence. However, the result was a significant decline from the 2015 election.
In the Proclamation of Singapore contained in the Independence of Singapore Agreement 1965 [21] entered into between Malaysia and Singapore, Prime Minister Lee Kuan Yew proclaimed on behalf of the people and Government of Singapore that as from 9 August 1965 Singapore "shall be forever a sovereign democratic and independent nation, founded upon ...
The city-state ranks 6th in a list of top 50 cities for people with liquid investable assets of $100 million or more. Singapore is the only Southeast Asian city on a ranking of centi-millionaires ...
In 2018, the combined economy of the Four Asian Tigers constituted 3.46% of the world's economy with a total Gross domestic product (GDP) of 2,932 billion US dollars. The GDP in Hong Kong, Singapore, South Korea and Taiwan was worth 363.03 billion, 361.1 billion, 1,619.42 billion and 589.39 billion US dollars respectively in 2018, which ...
Singapore is an important trade partner with Pakistan. Trade volume between the 2 countries is around US$2.5 billion. Singapore exported goods worth US$2.124 billion compared to US$228 million imports from Pakistan. [11] Singapore is also one of the largest investors in Pakistan. [12] with investment around US$2 billion. [13]