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Singapore has a highly developed market economy, based historically on extended entrepôt trade. Along with Hong Kong, South Korea, and Taiwan, Singapore is one of the Four Asian Tigers, and has surpassed its peers in terms of Gross Domestic Product (GDP) per capita. Between 1965 and 1995, growth rates averaged around 6 per cent per annum ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 6 January 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 ...
Singapore Changi Airport was opened in 1981 and Singapore Airlines was developed to become a major airline. [99] The Port of Singapore became one of the world's busiest ports and the service and tourism industries also grew immensely during this period.
In London-based Tortoise Media’s Global AI Index, which assesses AI capability in 62 countries across more than 100 different metrics, Singapore ranked third behind only the U.S. and China.
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.
Two months later, GGV announced that it was splitting in two: It divided into a U.S.-based fund, called Notable Capital, and a Singapore-based fund focused on China and Southeast Asia.
Singapore is a parliamentary republic in the Westminster tradition of unicameral parliamentary government, and its legal system is based on common law. While the country is de jure a multi-party democracy with free elections, the government under the People's Action Party (PAP) wields widespread control and political dominance.
Singapore-based GuocoLand is ranked No. 246 on Fortune’s Southeast Asia 500, which ranks the largest companies in the region by revenue. The developer debuted on Singapore’s stock exchange in ...