Singapore
Sort: Country-Profiles Time : (2008-1-30 14:51:46)
After a important activity in 2004, the growth became more moderate in 2005. Annual GDP growth rate was 8.4% in 2004 and 3.9% in 2004. The IMF forecasts a 4.5% growth in 2006.
The neighbouring countries are questioning Singapore economy's competitiveness : electronics production is developing in China, and Hong Kong and Shanghai are becoming the main Asian financial centres. However, Singapore remains a very developed and prosperous economy. Labour force is qualified, public funds are healthy, political stability is strong and banking system is successful. Singapore is Asia's largest harbour and is used as a trading hub for numerous Asian countries.
The neighbouring countries are questioning Singapore economy's competitiveness : electronics production is developing in China, and Hong Kong and Shanghai are becoming the main Asian financial centres. However, Singapore remains a very developed and prosperous economy. Labour force is qualified, public funds are healthy, political stability is strong and banking system is successful. Singapore is Asia's largest harbour and is used as a trading hub for numerous Asian countries.
The agriculture sector is almost inexistent, and the great majority of food-processing products are imported. Singapore does not hold mining natural resources. Singapore economy is diversified and relies on four major activity sectors: electronics (60% of non petroleum exports are electronic products), petrochemicals (20% of industrial production), IT and logistics. Biotechnologies et pharmaceutical industry are in a full swing. The financial and banking sector has also a global scale.
Singapore is very largely open to foreign trade and is a member of WTO, ASEAN and APEC. The island's external trade represents nearly three times its GDP. Singapore is a regional hub: 40% of exports are in fact re-exports. Singapore's main trade export partners are Malaysia, the United States and Hong Kong.
Its main import partners are Malaysia, the United-States and Japan. The main imported products are electronic equipment, machinery, hydrocarbons and chemical products.
Its main import partners are Malaysia, the United-States and Japan. The main imported products are electronic equipment, machinery, hydrocarbons and chemical products.
| Total population (millions): | 4.3 |
| Source: World Bank 2004 |
| Urban population: | 100% |
| Source: World Bank 2004 |
| Average annual population growth: | 2.0% |
| Source: World Bank 2004 |
| Surface area (km²) : | 620 |
LanguagesOfficial languages: Mandarin, Malay, Tamoul, Free translation tools in Singapore : Babel Fish Free English-Chinese-English translation of texts and web sites Zhongwen Free English-Chinese dictionary |
ReligionReligious practises : Buddhism, hinduism, islam and christianism are the main religions |
Political systemThe president is elected for a six-year term by the people. The President is M. S.R. Nathan (1999). The leader of the government is Goh Chok Tong (1990). |
Climate |
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Tourism |
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Tourist sitesThe most famous tourist sites are: - the Saint Andrew Cathedral - The Fort Canning Park - Chinatown - Thian Hock Keng temple For more information about tourism in Singapore , check out the following web site(s) : |
FoodTraditional dishesExcept Asian dishes, found everywhere in all the countries of the area, we can list two typically singapore plates: Melon balls with sagou and coconut milk: it is a dessert-soap served on the Chinese new Eve. red date cream with pigeon eggs: a traditional dessert-soap.
Food-related taboosVArying according to the ethnic composition |
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