Spotlight on Asia - SingaporeThe Republic of Singapore is a city-state located at the southern end of the Malay peninsula. Singapura (Lion City), was known as Temasek (Sea Town) until a visiting Sumatran Prince glimpsed what he thought was a lion in 1299. Singapore consists of one main island and 63 islets covering a total area of 247 square miles and a combined coastline of 120 miles. It is the world's second-most densely populated country after Monaco with a population of almost 5 million which comprises 75% Chinese, 14% Malay, 9% Indian and 2% other ethnic groups. Singapore is one of the Four Asian Tigers - along with Taiwan, Hong Kong and South Korea - and is famous for its thriving economic success. After officially gaining independence from Britain in 1965 Singapore has become one of the most developed countries in the world. Its dramatic rise is all the more remarkable given its lack of natural resources and the need to overcome socio-economic issues including high unemployment, racial riots and housing shortages. Its vast natural harbours and strategic location, highly skilled and productive workforce and liberal economic policies are amongst the many factors responsible for its success. Singapore's open market economy depends upon export activities. Its core sectors are finance and manufacturing, including electronics, oil refining and biomedical, and its port is one of the world's busiest. Identified by the World Bank at the best place in the world to do business, Singapore is one of Asia's key commercial hubs. Facilities are now being built to host the first Youth Olympic Games which are expected to bring some 3,600 athletes to Singapore in August 2010. The creation of 2 integrated resort-casinos is also expected to bring in steady long-term revenue. Finally, a few facts about languages in Singapore:
For more information on Malay translations, click here. For more information on Mandarin translations, click here. For further information about Asian Absolute or any of the articles in our newsletter, please contact news@asianabsolute.co.uk
chinese translation | japanese translation | korean translation |
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