This document provides an overview of Singapore's economic development from 1965 to 2008. It discusses key events and policies that transformed Singapore from a newly independent country in 1965 with a GDP of $500 to a developed country in 2008 with a GDP of $37,597. It highlights Singapore's shift from an entrepôt economy to an export-oriented manufacturing hub in the 1960s-1970s. It also discusses Singapore's economic success as an "Asian Tiger" in the 1980s, challenges like the 1997 Asian Financial Crisis, and its ongoing efforts to diversify and mature its economy through the 2000s.
Overview of Singapore., Education , Foreign Policy, Singapore's Economical Strategy and Foreign Investment
Its quick facts ,History and Social Structures .e.t.c.
Singapore's transformation into an economic powerhouse has attracted adulation from developed and developing economies alike. In this paper, I discuss policies that fuelled this growth, and also highlight some negative side-effects/criticisms.
Overview of Singapore., Education , Foreign Policy, Singapore's Economical Strategy and Foreign Investment
Its quick facts ,History and Social Structures .e.t.c.
Singapore's transformation into an economic powerhouse has attracted adulation from developed and developing economies alike. In this paper, I discuss policies that fuelled this growth, and also highlight some negative side-effects/criticisms.
This slide will show to public how Malaysian Economic growth trend and what sector contribute to that trend. This slide also will tell to public the percentage of FDI that Malaysia received untill 2010. The resources of this information came from Director (Macroeconomics)
Economic Planning Unit
Malaysian Prime Minister‘s Department.
The four Asian Tigers, Asian Dragons and Asian Miracles are various terms used to refer to the highly developed economies of
Hong Kong
South Korea
Singapore
Taiwan
In this presentation, with the help of STEPIN parameters
S- Social environment
T- Technological environment
E- Economic environment
P- Political environment
I- International Trading environment
N-Natural environment
shows that how is India is compatible with Singapore for International Business
The world may continue to shrink in light of advanced technology, higher demands from markets and faster turnaround times, globalization has become a staple for world commerce and international business.
RISE OF SINGAPORE: From WWII ashes to a great Phoenix
BMIR Program, Thammasat University: PO371 SOUTHEAST ASIAN AFFAIRS
Index:
1.Politics
2.Reliance on human resource
3.Education
4.Healthcare service
5.Economic development
6.Sustain economic development
7.Provision of housing
8.Singapore foreign relations
This presentation describes the OECD's work on investment promotion with a particular focus on how it can be used by Chile to develop its investment promotion strategy.
It was presented in September 2015 to the high-level commission in Chile which is driving the reform of the country's investment promotion strategy.
To find out more visit www.oecd.org/investment
This slide will show to public how Malaysian Economic growth trend and what sector contribute to that trend. This slide also will tell to public the percentage of FDI that Malaysia received untill 2010. The resources of this information came from Director (Macroeconomics)
Economic Planning Unit
Malaysian Prime Minister‘s Department.
The four Asian Tigers, Asian Dragons and Asian Miracles are various terms used to refer to the highly developed economies of
Hong Kong
South Korea
Singapore
Taiwan
In this presentation, with the help of STEPIN parameters
S- Social environment
T- Technological environment
E- Economic environment
P- Political environment
I- International Trading environment
N-Natural environment
shows that how is India is compatible with Singapore for International Business
The world may continue to shrink in light of advanced technology, higher demands from markets and faster turnaround times, globalization has become a staple for world commerce and international business.
RISE OF SINGAPORE: From WWII ashes to a great Phoenix
BMIR Program, Thammasat University: PO371 SOUTHEAST ASIAN AFFAIRS
Index:
1.Politics
2.Reliance on human resource
3.Education
4.Healthcare service
5.Economic development
6.Sustain economic development
7.Provision of housing
8.Singapore foreign relations
This presentation describes the OECD's work on investment promotion with a particular focus on how it can be used by Chile to develop its investment promotion strategy.
It was presented in September 2015 to the high-level commission in Chile which is driving the reform of the country's investment promotion strategy.
To find out more visit www.oecd.org/investment
Singapore startup ecosystem and entrepreneur toolbox - Aug 2015Arnaud Bonzom
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1. Startup Ecosystem
2. Dynamics and Trends
3. Government
4. Startups in Singapore
5. 100 People You Should Know
6. Networking
7. Hackathons & Startups Competitions
8. Incubators & Accelerators
9. Fund Raising
10. Coworking Spaces & Offices
11. Talents & Recruitment
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14. Thank you
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This Singapore Power Point highlights these facts and much more including: 16 Points on General Information, 14 Points on Family Life, 17 Points on Food, 7 Points on Food Etiquette, 18 Points on Social Etiquette, 19 Points on Business Etiquette, and 9 Points on Trivia.
The public sector, comprising various levels of
ministries and agencies, is involved in modernising
and transforming their existing business structure
and service delivery. The need to invest and develop
infrastructures, including unifi ed communications,
embedded systems and network enablement tools,
is growing and becoming more important than ever.
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and initiative, the public sector is scrambling to plan
and execute them to ensure the highest level of
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
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LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
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4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
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3. Origins of Modern Singapore
• 14th century : “Singapura”
• In 1819 : Found by Sir
Stamford Raffles
• Location : At the end of the
Strait of Malacca
4. • Britain made Singapore as an important trading center and port with
policy of duty free trade which proved beneficial.
• Singapore developed a classic entrepot economy, which funneled exports
and imports to surronding region, mostly tin and rubber from Malaya.
• During World War II, Singapore was tranformed into Britain’s principal
naval and air base in Asia, got captured by Japan in 1941, and backed to
Britain in 1945 with devastation condition.
• Singapore reconstruction took 4 years, in 1949 Singapore condition
returned to pre-war levels.
Origins of Modern Singapore
5. The End of British Rule:1958-1964
• In 1946 Singapore became a separate crown colony with a civil
administration and its gradually increase Singapore self goverment.
• First election was held in 1948
• Full sovereignty was granted in 1958, and the People’s Action Party
(PAP) headed by Lee Kuan Yew winning the election.
6. The End of British Rule:1958-1964
• In 1963 Singapore gained independence from Britain and became a
part of the Federation of Malaya or Malaysia.
• In 1965 Singapore separated from Malaysia.
7. Creating an independent
Singapore: 1965-1970
• In 1965, Lee Kuan Yew became Singapore’s first Prime
Minister and his People’s Action Party (PAP) winning
all seats in parliament.
• New Policy to create a Singaporean identity that would unite the country’s
diverse ethnic groups (62% Chinese, 16% Indians, 14% Malays, 8% Others)
– Four official languages (English, Malay, Mandarin Chinese, Tamil) was taught in
school.
• Orderliness and cleanliness were hallmark of the new Singaporean society,
and strictly enforced by the goverment.
8. Creating an independent
Singapore: 1965-1970
• Singaporean newspapers and television stations routinely supported the
government.
• Singapore’s political and business elite formed a rigorous meritocracy.
• To create jobs and provide housing, government create two boards.
1. Housing Development Board (HDB) in 1960
2. Economic Development Board (EDB) in 1961
9. Creating an independent
Singapore: 1965-1970
• Singapore welcomed foreign direct investment.
• World trade and investment flows were booming in the 1960s and early
1970s.
• Government-Linked Companies (GLCs) were formed
• Keppel, Sembawang, Jurong Shipyard for ship building and repairing
industry
• Neptune Oriental Lines (NOL) for shipping line
• Singapore Refining Company, an oil joint venture company togehter with
Caltex and BP.
10. Becoming an Asian Tiger
• 1960 – 1965: GDP Growth 5.8%
• 1966 – 1973: GDP Growth 12.9%, the highest rate in the world due to
foreign investment inflow, export-oriented manufacturing and external
trade all grew rapidly.
• Monetary policy:
• Maintenance of very low inflation
• Keeping its foreign exchange rate a level below IMF standard
• Port of Singapore, as world’s fourth busiest, became the most important
income for government first priority
• British navy refueling facilites were transformed into the
largest petroleum refining center in Asia.
11. • In 1973, peak of an economic boom, guest unskilled workers appeared.
• Shortly after, first international oil shock was happened.
• Two digit growth of GDP ended
• Real GDP growth fell from 11.2% to 6.1%
• Compounded annually from 1973-1979, economy grew at 7.1%, far
exceeding world average
• The policy hope would encourage Singapore’s factories to shift to higher
technology, higher productivity product. The reason is because
goverment belief that manufacturers would not relocate all operations
to other countries with lower labour cost.
• The large wage increase impacted on the real GDP of
Singapore grew 8.4% from 1980 – 1984.
Becoming an Asian Tiger
12. Recession and Reform
1985 : GDP dropped to 1.4%
• Unemployment
• Weak external demand
• Low profit
• Much-reduced investment in manufacturing
Caused by;
Depressed
international
market for oil
Structural
deficiencies in
economy
Low-
productivity
with the rising
wages
1988 : High export growth and Domestic demand led to
11.5% of growth, the highest rate in 15 years
1992 : Government linked Companies to operate key
infrastructure, such as Singapore Airline, Singapore Telecom
account 20% of GDP.
13. Recession and Reform
GDP at the end of Decade is 28% and employed 11%
• Oil installation in refining capacity [ The third in the world)
• “Changi Airport”– The world best airport for 3 years
• Singapore airline – the best airline in the world, with the most profitable
A Global Role Model
15. • Goh’s Government with “Next Lap”
• Long-run social and economic goals – achieving a U.S. level per capita
standard of living in 2030
Singapore Maturing : 1991 to 2008
16. Dealing with external shocks: 1997
to 2003
Asian Financial Crisis led
to :
• Exchange rate and
stock market fell by
16% (and 54% -- July
1997)
• Unemployment rose
from 1.7% to 2.5%
• Weak regional demand
Singapore handled by :
• Reduced business cost
• Maintain investor confidence
• Continue to build up people’s
capabilities to ride out
economic storm
• Solidify Financial system
• Developing market to export
• Form strategic alliance with
regional
• Opening IT to private sector
services
17. Singapore Maturing : 1991 to 2008
• 9/11, terrorist attack in New York in 2001
• In March 2003, the spread of SARS virus worlwide
18. The Economic Review Committee
Vision
“ Dynamic Global City-state with an entrepreneurial & diversified economy “
26. Tourism
• In 2004 , Launch campaign “ The Uniquely Singapore” to increase
brand awareness
• 100$S million had been committed in 2003
• Key component was involving Singaporeans as brand ambassador.
• Collaboration in private sectors such as airlines , hotel , tour operators.
• Link with medical tourism cluster.