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As of 8 June 2013, Singapore's unemployment rate is around 1.9% and the country's economy has a lowered growth rate, with a rate of 1.8% on a quarter-by-quarter basis—compared to 14.8% in 2010. 2015 and 2016 saw a downturn for the nation as GDP growth shrunk to just 2 percent.
The history of the modern state of Singapore dates back to its founding in the early 19th century; however, evidence suggests that a significant trading settlement existed on the island in the 14th century. The last ruler of the Kingdom of Singapura, Parameswara, was expelled by the Majapahit or the Siamese before he founded Malacca.
The Four Asian Tigers (also known as the Four Asian Dragons or Four Little Dragons in Chinese and Korean) are the developed Asian economies of Hong Kong, Singapore, South Korea, and Taiwan. [ 1 ] Between the early 1950s and 1990s, they underwent rapid industrialization and maintained exceptionally high growth rates of more than 7 percent a year.
Statue of Stamford Raffles, the first British governor of Singapore This is a timeline of Singaporean history, comprising important legal and territorial changes and political events in Singapore and its predecessor states. To read about the background to these events, see History of Singapore. See also the list of years in Singapore. This is a dynamic list and may never be able to satisfy ...
Ministry of Trade and Industry. Website. www .edb .gov .sg. Agency ID. T08GB0012H. The Economic Development Board ( EDB) is a statutory board under the Ministry of Trade and Industry of the Government of Singapore that plans and executes strategies to sustain Singapore as a leading global hub for business and investment .
Economic statistics of Singapore. This article contains economic statistics of the country Singapore. The GDP, GDP Per Capita, GNI Per Capita, Total Trade, Total Imports, Total Exports, Foreign Reserves, Current Account Balance, Average Exchange Rate, Operating Revenue and Total Expenditure are mentioned in the table below for years 1965 ...
Singapore, [e] officially the Republic of Singapore, is an island country and city-state in maritime Southeast Asia.It is about one degree of latitude (137 kilometres or 85 miles) north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south along with the Riau Islands in Indonesia, the South China Sea to the ...
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 ...