Careers, Jobs and Education Resources for: Singapore


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Singapore was founded as a British trading colony in 1819. It joined the Malaysian Federation in 1963 but separated two years later and became independent. Singapore subsequently became one of the world's most prosperous countries with strong international trading links (its port is one of the world's busiest in terms of tonnage handled) and with per capita GDP equal to that of the leading nations of Western Europe. (from the CIA)
 
 

 

Economic Overview

Singapore has a highly developed and successful free-market economy. it enjoys a remarkably open and corruption-free environment, stable prices, and a per capita gdp equal to that of the four largest west european countries. the economy depends heavily on exports, particularly in consumer electronics and information technology products. it was hard hit from 2001-03 by the global recession, by the slump in the technology sector, and by an outbreak of severe acute respiratory syndrome (sars) in 2003, which curbed tourism and consumer spending. fiscal stimulus, low interest rates, a surge in exports, and internal flexibility led to vigorous growth in 2004-07 with real gdp growth averaging 7% annually. the government hopes to establish a new growth path that will be less vulnerable to the global demand cycle for information technology products - it has attracted major investments in pharmaceuticals and medical technology production - and will continue efforts to establish singapore as southeast asia's financial and high-tech hub.

Environmental Issues

Industrial pollution; limited natural fresh water resources; limited land availability presents waste disposal problems; seasonal smoke/haze resulting from forest fires in indonesia

Government Type

Parliamentary republic

Population

4,608,167 (july 2008 est.)

Location

Southeastern asia, islands between malaysia and indonesia

Area

Total: 692.7 sq km land: 682.7 sq km water: 10 sq km

Slightly more than 3.5 times the size of washington, dc

Country Aliases

Conventional long form: republic of singapore conventional short form: singapore local long form: republic of singapore local short form: singapore

Capital

Name: singapore geographic coordinates: 1 17 n, 103 51 e time difference: utc+8 (13 hours ahead of washington, dc during standard time)

Military Service

18-21 years of age for male compulsory military service; 16 years of age for volunteers; 2-year conscript service obligation, with a reserve obligation to age 40 (enlisted) or age 50 (officers) (2008)

International Disputes

Disputes persist with malaysia over deliveries of fresh water to singapore, singapore's extensive land reclamation works, bridge construction, and maritime boundaries in the johor and singapore straits; in november 2007, the icj will hold public hearings as a consequence of the memorials and countermemorials filed by the parties in 2003 and 2005 over sovereignty of pedra branca island/pulau batu puteh, middle rocks and south ledge; indonesia and singapore continue to work on finalization of their 1973 maritime boundary agreement by defining unresolved areas north of indonesia's batam island; piracy remains a problem in the malacca strait

Sources: Central Intelligence Agency (CIA)

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