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Basic Information About Singapore
Origin of the name
The origin of Singapore’s name is steeped in an intriguing mix of history and legend. Before its current moniker, the island went by various names, possibly including “Pulau Ujong” in Chinese writings and “Temasek” in Malay and Javanese texts. However, sometime in the 14th century, the name Singapura, meaning “Lion City” in Sanskrit, took hold. There are two main explanations for this shift. One, documented in the Malay Annals, tells the story of Sang Nila Utama, a prince from Palembang, who spotted a mythical beast he believed to be a lion and interpreted it as an omen, leading him to found the city of Singapura. While no lions ever roamed Singapore, the legend persists as a charming origin story. The other possibility suggests the name change occurred more organically, reflecting the island’s strategic location and burgeoning reputation as a thriving port city, much like a mighty lion guarding the maritime crossroads. Regardless of the exact reason, the name Singapura stuck, forever linking the island nation with the captivating image of a powerful lion, symbolizing its strength, resilience, and enduring spirit.
Singapore Flag
The Singapore flag, adopted in 1959, is a symbol of the nation’s multicultural heritage and aspirations. Its horizontal stripes of red, white, and red evoke unity and equality, inspired by the colors of Pan-Malayanism, a political movement seeking to unite the Malay Peninsula. The white central stripe, bearing five stars, represents the nation’s ideals: democracy, peace, progress, justice, and equality. These stars, originally fifteen, were reduced to five in 1965 to reflect the separation of Singapore from Malaysia and its emergence as an independent nation. In essence, the Singapore flag is a tapestry woven from the threads of unity, progress, and national identity, forever reminding its citizens of the nation’s journey and its unwavering pursuit of a brighter future.
The Capital City of Singapore
The capital city of Singapore, also known simply as Singapore, boasts a rich and multifaceted history. Early settlements date back to the 13th century, potentially founded by a prince from the Srivijaya empire. While it flourished as a trading post, it was overshadowed by Malacca in the 14th century and fell into a period of decline. In 1819, Sir Stamford Raffles of the British East India Company recognized its strategic location and established Singapore as a trading post. This pivotal moment sparked rapid growth, fueled by its free port policies and strategic position along the Malacca Straits. Under British rule, Singapore became a key center for trade and colonialism, attracting immigrants from across Asia and transforming it into a bustling metropolis. Following World War II and a brief period of Japanese occupation, Singapore gained independence in 1965 and embarked on a remarkable journey to its current status as a global economic powerhouse. Today, the cityscape blends historical landmarks like Fort Canning with modern architectural marvels, reflecting the city’s dynamic evolution from a humble trading outpost to a leading financial and cultural hub.
History & Independence
Pre-Colonial Era (7th to 19th Century)
- Early settlements: Archaeological evidence suggests inhabitants as early as the 7th century. Legends depict the founding of the Kingdom of Singapura in the 13th century.
- Fluctuating fortunes: The island enjoyed prosperity as a trading outpost under empires like Srivijaya but also faced periods of decline and attacks.
Colonial Period (19th to 20th Century)
- 1819: Arrival of Stamford Raffles: The British East India Company saw strategic potential and established Singapore as a free port, sparking rapid growth.
- Trading hub: Free trade policies and strategic location along the Malacca Straits attracted migrants and solidified Singapore’s position as a key center for trade and colonialism.
- World War II: The Japanese occupation from 1942-1945 had a devastating impact, but post-war, Singapore saw a rise in nationalist sentiment.
Independence and Modern Singapore (20th and 21st Century)
- 1959-1970: Lee Kuan Yew ( Prime Minister & Yusof Ishak (president), Lee Kuan Yew, the “founding father” of Singapore, led the country through its early years of independence and rapid economic growth. Yusof Ishak served as a ceremonial president. 1963-1965: Singapore joined Malaysia for two tumultuous years before being expelled due to political and social tensions. On 9th August 1965, Singapore declared independence. Key achievements: Economic boom, industrialization, infrastructure development and strong leadership.
- 1970-1979 : Lee Kuan Yew (Prime Minister) & Benjamin Sheares (President), Continued economic progress and focus on social development. Sheares played a more active role in national affairs than his predecessor. Key achievements: Housing policies, education reforms, increased social mobility, national defense focus.
- 1979-1988: Lee Kuan Yew (Prime Minister ) & Devan Nair (President), Increased focus on social welfare and cultural identity. Nair promoted labour rights and social justice. Key achievements: Development of public transportation, healthcare improvements, bilingualism policy, labor unions strengthening.
- 1988-1990: Lee Kuan Yew (Prime Minister) & Wee Kim Wee (President), Wee Kim Wee, a former military officer, became president after Nair’s resignation. Continued focus on economic development and national security. Key achievements: Financial sector reforms, science and technology advancements, regional trade agreements, global financial center development.
- 1990-1993: Goh Chok Tong (Prime Minister) & Wee Kim Wee (President), Goh Chok Tong succeeded Lee Kuan Yew as Prime Minister, ushering in a new era of leadership. Wee Kim Wee remained president. Key achievements: Decentralization policies, diversification of economy, knowledge-based economy focus, development of Singapore’s IT sector.
- 1993-1999: Goh Chok Tong (Prime Minister) & Ong Teng Cheong (President), Ong Teng Cheong, a former trade union leader, became president. Continued focus on economic development and social progress. Key achievements: Infrastructure development projects, tourism industry growth, environmental initiatives, social safety net improvements.
- 1999-2004: Goh Chok Tong (Prime Minister) & S. R. Nathan (President), S. R. Nathan, a former diplomat, became president. Focus on maintaining economic stability and social harmony in the face of the Asian financial crisis. Key achievements: Economic recovery, social cohesion initiatives, interfaith dialogue, focus on education and skills development.
- 2004-2011: Lee Hsien Loong (Prime Minister) & S. R. Nathan (President), Lee Hsien Loong, son of Lee Kuan Yew, became Prime Minister. Nathan remained president. Focus on knowledge economy, climate change, and global partnerships. Key achievements: Casino industry development, biomedical research investments, climate change mitigation strategies, and increased regional cooperation.
- 2011-2017: Lee Hsien Loong (Prime Minister) & Tony Tan Keng Yam (President), Tony Tan, a former Deputy Prime Minister, became president. Focus on social mobility, income inequality, and the aging population. Key achievements: Skills Future initiative for lifelong learning, Silver Generation programs for the elderly, affordable housing policies, and income redistribution measures.
- 2017-Present: Lee Hsien Loong (Prime Minister) & Halimah Yacob (President), Halimah Yacob, a former Speaker of Parliament, became the first female president. Continued focus on social issues, economic competitiveness, and future challenges. Key achievements: Smart Nation initiative for digital transformation, national defense modernization, social support programs for vulnerable groups, focus on sustainability, and green technologies.
Government
The government of Singapore is a complex and multifaceted entity, defined by its parliamentary democracy and the intertwined roles of the President and the Executive. Executive power rests with the Cabinet, led by the Prime Minister, who currently is Lee Hsien Loong. Though nominally vested in the President, executive authority is exercised on the Cabinet’s advice. This system, established in 1965 when Singapore gained independence, has been marked by a focus on economic development, social stability, and maintaining strong international relations. The government operates through 16 ministries, each tackling specific areas like foreign affairs, manpower, and health, and also utilizes a network of statutory boards for additional autonomy and efficiency. While often considered a one-party dominant system, Singapore boasts opposition parties and actively participates in regional and global affairs, shaping its unique brand of governance.
Official Language
Singapore is a linguistic melting pot, reflecting its rich multi-ethnic makeup. Officially, the country boasts four languages: English, Malay (the national language), Mandarin Chinese, and Tamil. English reigns supreme as the administrative and educational language, uniting diverse communities and fuelling international business. Malay carries symbolic weight, honoring the indigenous people’s heritage. Meanwhile, Mandarin and Tamil play vital roles in cultural identity and are actively promoted through mother-tongue language programs in schools. However, the streets pulse with Singlish, a vibrant creole blending English with influences from Chinese, Malay, and other languages. This informal, colorful dialect acts as a lingua franca for many Singaporeans, adding a unique flavor to local communication. Regardless of language, Singaporeans exhibit remarkable multilingualism, often switching effortlessly between different tongues, contributing to the country’s dynamic and fascinating linguistic landscape.
English (official) 48.3%, Mandarin (official) 29.9%, other Chinese dialects (includes Hokkien, Cantonese, Teochew, Hakka) 8.7%, Malay (official) 9.2%, Tamil (official) 2.5%, other 1.4%; note – data represent language most frequently spoken at home (2020 est.)
Business Culture
Navigating the business landscape in Singapore requires more than just a sharp suit and a winning pitch. Understanding the unique cultural nuances is key to success. At its core, Singapore’s business culture is a blend of respect and relationships. Hierarchies are important, with seniority commanding deference. Building trust is paramount, often requiring multiple meetings and patient negotiations before deals are sealed. Expect a competitive atmosphere driven by a strong work ethic. While Westerners may find the pace slower than they’re used to, patience and adaptability are essential. Remember, it’s about creating lasting partnerships, not just closing quick deals. By respecting these cultural pillars, you can unlock the immense potential that Singapore’s business world has to offer.
Singapore Demographics
Singapore boasts a diverse and dynamic population of 5.45 million, characterized by its multi-ethnicity and cultural richness. The CMIO system categorizes them into Chinese (75.9%), Malays (15.0%), Indians (7.5%), and Others (including Eurasians). Notably, the “Others” category, despite long-term residence, constitutes nearly 29% who wouldn’t be counted as residents in official statistics. While Malays are recognized as indigenous, the Chinese hold a significant majority. Religion also plays a significant role, with Buddhism, Christianity, Islam, Taoism, and Hinduism being prominent. Although Singapore faces an aging population and low fertility rate (1.1 children per woman), its high life expectancy (83.74 years) and skilled workforce remain valuable assets. Understanding its complex demographic makeup is crucial for comprehending the social fabric and future trajectory of this vibrant island nation.
Time Zone
Singapore resides in a single time zone known as Singapore Standard Time (SST), which is GMT+8. This means that Singapore is 8 hours ahead of Coordinated Universal Time (UTC) and shares the same time zone as several other countries in Southeast Asia, including Malaysia, the Philippines, and Brunei. So, when it’s noon in London (GMT), it’s already 8 PM in Singapore. This convenient time zone alignment makes it easy for Singapore to conduct business and maintain close relationships with its regional neighbors. Furthermore, Singapore doesn’t observe daylight saving time (DST), so the time remains consistent throughout the year. This simplifies scheduling and avoids any confusion about potential time changes. Overall, Singapore’s time zone of GMT+8 places it firmly in the heart of Southeast Asia and facilitates smooth communication and collaboration within the region.
Climate
Singapore boasts a tropical rainforest climate, characterized by warm and humid weather year-round, with minimal seasonal variations. High temperatures average around 31°C (88°F), while lows dip to around 25°C (77°F). The constant sunshine and proximity to the equator keep things toasty, making it a great destination for those seeking a warm escape.
Rainfall is abundant, with an average annual precipitation of 2,340 millimetres (92 inches). The wettest months are November to February, coinciding with the Northeast Monsoon, which brings heavy showers and thunderstorms. However, brief downpours can occur throughout the year, offering a refreshing respite from the humidity.
Humidity is consistently high, hovering around 70% to 80%. This can feel muggy and uncomfortable, especially for those not accustomed to tropical climates. However, air conditioning is widely available in buildings and public transportation, providing much-needed relief.
Two distinct monsoon seasons influence Singapore’s climate:
- Northeast Monsoon (December to February): Cooler temperatures, heavier rainfall, and strong winds.
- Southwest Monsoon (June to September): Warmer temperatures, slightly less rainfall, and occasional haze from forest fires in neighbouring Indonesia.
Here are some additional facts about Singapore’s climate:
- April is the warmest month, with an average temperature of 31.4°C (88.5°F).
- January is the coolest month, with an average temperature of 25.5°C (77.9°F).
- November is the wettest month, with an average rainfall of 233 millimetres (9.2 inches).
- Thunderstorms occur on approximately 40% of all days.
Overall, Singapore’s climate is warm, humid, and rainy, with two distinct monsoon seasons. While the constant heat and humidity can be challenging for some, the abundant sunshine and vibrant tropical atmosphere make it a truly unique and exciting place to visit.
Borders of Singapore
Singapore is an island nation. The country has two international borders: one maritime and one land. The maritime border, primarily with Malaysia, runs through the Straits of Johor to the north and the Straits of Singapore to the south. It’s defined by straight lines between geographical coordinates, following the deepest channel for smooth navigation. Crossings happen across the iconic Johor-Singapore Causeway and the Second Link, bustling with vehicles and travelers. The land border lies solely with Malaysia at the northern tip of the island, marked by a physical causeway and checkpoints that manage immigration and customs. Both borders are crucial for Singapore’s trade, tourism, and overall connectivity to the region. The Immigration and Checkpoints Authority (ICA) vigilantly protects these borders against the entry of undesirable persons and goods, ensuring Singapore’s security and economic well-being.
Size of Singapore
Singapore, though a powerhouse in Southeast Asia, is surprisingly compact. Its total land area clocks in at 734.3 square kilometers, making it roughly the size of Rhode Island in the US. This figure encompasses the main island, a bunch of surrounding islets, and one little outlier. To paint a clearer picture, imagine an island stretching 50 kilometres east to west and 27 kilometres north to south, all hugged by a 193-kilometer coastline. It’s worth noting that this tiny nation is a master of land reclamation, steadily growing its size by about 25% since independence thanks to these ambitious projects. While small, Singapore packs a big punch with its densely packed urban landscape, housing over five million people, and making it the second most densely populated country globally. Despite the hustle and bustle, people will still find countless green spaces and recreational areas sprinkled throughout, a testament to Singapore’s dedication to thoughtful urban planning. So, while Singapore may not be geographically vast, its impact and vibrancy extend far beyond its neat borders.
Religion
Singapore boasts a vibrant tapestry of religions, reflecting its diverse population. Freedom of religion is enshrined in the constitution, and this fosters a harmonious coexistence of faiths. Buddhism, with its focus on mindfulness and compassion, holds the largest following, accounting for around 34% of the population. Islam comes in second with roughly 15%, followed by Christianity at 18%. Hinduism, Sikhism, and various other faiths also add to the rich religious landscape, each contributing unique traditions and customs. This diversity is evident in the numerous temples, mosques, churches, and gurdwaras dotting the cityscape, each offering a sanctuary for spiritual practice and community gatherings. Interfaith dialogue and understanding are actively encouraged, promoting tolerance and respect for all beliefs. Singapore’s religious landscape is truly a testament to its multicultural identity, where different faiths flourish side-by-side, enriching the lives of its citizens.
Singaporean Currency
The Singaporean currency, the Singapore dollar (SGD), is a strong and stable monetary unit that plays a significant role in the global economy. Its symbol is S$, often used to differentiate it from other dollar-denominated currencies. Issued by the Monetary Authority of Singapore (MAS), the SGD is divided into 100 cents and boasts colorful banknotes featuring iconic landmarks and local personalities. With a consistently high ranking among the world’s most-traded currencies, the Singapore dollar enjoys a reputation for stability due to the MAS’s careful management of monetary policy. This stability has contributed to Singapore’s thriving financial sector and economic success. Interestingly, the Singapore dollar is not pegged to any other currency, allowing it to float freely against other major currencies like the US dollar and Euro. This flexibility provides Singapore with greater control over its own monetary policy and helps to maintain a competitive export sector. If you’re visiting Singapore, you’ll encounter a variety of denominations in circulation, ranging from $2 to $1,000 bills. Coins come in denominations of 5, 10, 20, 50 cents, and $1. Numerous money changers and ATMs are readily available throughout the country to exchange your currency for SGD and vice versa.
Exchange Rate Dynamics
Singapore’s exchange rate against major currencies experiences fluctuations. As of today (27/12/23), 1 GBP is equivalent to approximately $ 1,69.
https://www.xe.com/currencyconverter/convert/?Amount=1&From=GBP&To=SGD
Practical Tips for Using Singapore Dollar
- Credit cards are widely accepted in Singapore, and using them can help you avoid carrying cash and earn reward points. However, be mindful of any foreign transaction fees your bank may charge.
- Unlike some other countries, tipping is not expected in Singapore. However, if you receive exceptional service, a small tip is always appreciated.
- Bargain when shopping at traditional markets.
- Small bills will come in handy for taxis, buses, and small purchases.
Singapore Food
Singapore’s gastronomy is a vibrant and diverse culinary landscape, reflecting its rich multicultural heritage. Influenced by Chinese, Malay, Indian, and Eurasian cultures, among others, Singaporean cuisine offers a unique blend of flavours, ingredients, and cooking techniques. Here’s an overview of various aspects of Singapore’s gastronomy.
Iconic Dishes
- Hainanese Chicken Rice: Poached chicken served with fragrant rice cooked in chicken stock.
- Laksa: A spicy noodle soup with a base of coconut milk or sour asam (tamarind or kokum).
- Chilli Crab: Hard-shell crabs cooked in a thick tomato and chili-based sauce.
Beyond the Classics:
- Char Kway Teow: Stir-fried flat rice noodles with shrimp, bloody cockles, Chinese lap Cheong (sausage), eggs, and bean sprouts.
- Satay: Skewered and grilled meat served with peanut sauce, rice cakes, and a small serving of a cucumber-onion salad.
- Roti Prata: An Indian-influenced flatbread that’s cooked over a flat grill, often served with curry or sugar.
- Nasi Lemak: Coconut rice served with a variety of sides including fried anchovies, peanuts, boiled egg, cucumber, and sambal (spicy chili paste).
- Durian: This pungent fruit is an acquired taste, but for those who love it, it’s a creamy, custard-like treat.
Things to do and see in Singapore
Singapore, a vibrant island nation nestled in Southeast Asia, is a melting pot of cultures, modern marvels, and natural beauty. Whether you’re seeking thrilling adventures, delectable cuisine, or serene escapes, Singapore has something for everyone.
Nature and Parks
Gardens by the Bay: Gardens by the Bay is a stunning nature park in Singapore, spanning over 101 hectares along the Marina Bay waterfront. It’s not just any park, though – it’s a futuristic wonderland where nature and technology seamlessly blend together. The park consists of three distinct gardens: Bay South Garden, Bay East Garden, and Bay Central Garden. Each one offers unique experiences and attractions. Bay South Garden is the most popular, home to the iconic Supertrees – towering vertical gardens that light up at night in a dazzling display. People can also explore the world’s largest glass greenhouse, the Flower Dome, which houses plants from five continents. The Cloud Forest Conservatory is another must-see, with its misty waterfalls and towering trees. Bay East Garden is a more tranquil space, with lush lawns, palm trees, and stunning views of the city skyline. It’s a perfect place to relax and enjoy a picnic. Bay Central Garden is still under development, but it promises to be an exciting addition to the park, with even more gardens and attractions to come.
Pulau Ubin is a 10.2-square-kilometer island off the northeastern coast of Singapore, is a haven for nature lovers and history buffs alike. Nicknamed “Granite Island” for its abandoned quarries, Pulau Ubin was once a major source of the building material used in iconic Singaporean structures like the Istana and the causeway to Johor Bahru.
Today, Pulau Ubin offers a glimpse into Singapore’s past, with its rustic kampongs (villages) and laid-back atmosphere. Visitors can cycle or hike through lush greenery, past fruit orchards and abandoned quarries, while keeping an eye out for wildlife like mudskippers, fiddler crabs, and red junglefowl. The island’s crown jewel is the Chek Jawa Wetlands, a 103-hectare ecological treasure trove where six distinct habitats, including mangroves, seagrass lagoons, and coastal forests, come together. Pulau Ubin is easily accessible via a 15-minute bumboat ride from Changi Point Ferry Terminal. With its unique blend of nature, history, and local charm, Pulau Ubin is a welcome escape from the urban jungle of Singapore.
Cultural and Historical Sites
Singapore Zoo: The Singapore Zoo is a world-renowned rainforest zoo located on the northern part of Singapore. It’s considered one of the best zoos in the world, and for good reason. The zoo is home to over 2,800 animals from more than 300 species, including orangutans, komodo dragons, white tigers, and Malayan tapirs. Animals are housed in open enclosures that replicate their natural habitats, and visitors can see them up close on foot, by tram, or even by boat. The zoo is also famous for its innovative night safari, which allows visitors to see nocturnal animals in their active state. There are also a variety of shows and presentations throughout the day, where visitor can learn more about the animals and their conservation.
Chinatown isn’t just a historical relic, it’s a vibrant tapestry of old and new. Wander through maze-like streets adorned with ornate Chinese shophouses, where century-old temples like Buddha Tooth Relic and bustling food markets share space with trendy bars and indie boutiques. Immerse yourself in the diverse aroma of traditional Hainanese chicken rice and satay, then grab a souvenir or bargain for antiques. Explore the cultural tapestry beyond the culinary delights, where Hindu, Buddhist, and Muslim houses of worship line the same street. From serene temples to hip watering holes, Chinatown offers a sensory overload and an unforgettable glimpse into Singapore’s rich heritage and captivating present.
Kampong Glam is a vibrant district in Singapore that seamlessly blends age-old traditions with trendy vibes. Its name comes from the Malay words “kampong” meaning “compound” and “gelam” referring to the paperbark trees once abundant in the area. Kampong Glam boasts a rich history dating back to Singapore’s colonial era. Sir Stamford Raffles designated the area for the Malay, Arab, and Bugis communities, and their influences are still evident today. The iconic golden-domed Sultan Mosque is a must-see landmark, while the Malay Heritage Centre delves into the community’s fascinating past. Beyond its historical significance, Kampong Glam is a treasure trove for foodies and shopaholics alike. Bustling Arab Street is lined with shophouses selling everything from textiles and spices to souvenirs and handicrafts. Haji Lane, with its kaleidoscope of street art and trendy boutiques, is a haven for hipster finds and unique souvenirs.
When the sun sets, Kampong Glam transforms into a lively entertainment hub. Haji Lane comes alive with music from live music bars and the aroma of delicious food from cafes and restaurants. Whether you’re seeking cultural immersion, retail therapy, or a vibrant nightlife scene, Kampong Glam has something for everyone.
Entertainment and Thrills
Little India is a vibrant and colourful district in Singapore
that is home to a large Indian community. It is a feast for the senses, with its bustling streets, colourful saris, and the aroma of spices wafting from the air. Little India is a great place to experience Indian culture, from food and shopping to temples and festivals.
Some of the most popular things to do in Little India include:
- Visiting the Sri Veeramakaliamman Temple,a Hindu temple that is one of the oldest and most popular in Singapore.
- Shopping for souvenirs at the Mustafa Centre, a 24-hour shopping mall that sells everything from Indian spices to Bollywood DVDs.
- Eating your way through the Tekka Centre, a hawker centre that serves up a variety of delicious Indian food.
National Museum of Singapore is the nation’s oldest and a crown jewel of its cultural scene. Nestled in the heart of the Civic District, its grand neo-classical architecture stands as a testament to its rich history. Inside, captivating exhibits unfold the captivating story of Singapore, from its ancient origins to its vibrant present. Immerse yourself in the “Singapore Gallery,” tracing the journey from a humble fishing village to a global metropolis. Step into “Life in Singapore: The Past 100 Years” and witness the dramatic social and cultural transformations. Don’t miss the immersive “Story of the Forest” installation, where art and technology unite to bring historical treasures to life.
Universal Studios Singapore is a theme park located within the Resorts World Sentosa integrated resort on Sentosa Island in Singapore. It is the first and only Universal Studios theme park in Southeast Asia. The park officially opened on 28 May 2011 and is now operated by Sentosa Leisure Management. The park features 28 rides, shows, and attractions in seven themed zones. Each zone is based on a different movie or television franchise and features rides, shows, and attractions that are themed to that franchise.
Marina Bay Sands SkyPark: Experience stunning cityscapes and infinity pools at the top of this architectural marvel.
Singapore Flyer is a giant observation wheel located in the heart of downtown Marina Bay, Singapore. It stands at 165 meters tall, making it the tallest observation wheel in Asia and the second tallest in the world. The Flyer has 28 air-conditioned capsules, each able to accommodate 28 passengers. A full rotation takes about 30 minutes, offering stunning views of the city skyline, Marina Bay, and beyond. The Singapore Flyer was officially opened in 2008 and has become a popular tourist attraction. It is a great place to get a bird’s-eye view of the city and to take in the sights and sounds of Singapore. Visitors can also enjoy a variety of dining and entertainment options at the Flyer, including a restaurant, a bar, and a souvenir shop.
Relaxation and Leisure
Sentosa Island is a small island off the southern coast of Singapore, known for its beaches, theme parks, and resorts. It’s a popular tourist destination, especially for families, with something for everyone to enjoy. The island is home to Resorts World Sentosa, which includes Universal Studios Singapore, S.E.A Aquarium, and Adventure Cove Waterpark. There are also a number of other attractions, such as the Skyline Luge and the Sentosa Nature Discovery. The beaches on Sentosa are some of the best in Singapore, and there are plenty of places to relax and soak up the sun.
Hawker Centres: Hawker centers are open-air food courts found in They are a popular destination for locals and tourists alike, offering a wide variety of affordable and delicious food. Hawker centers typically have a variety of stalls, each specializing in a different cuisine. Some of the most common cuisines found in hawker centers include Chinese, Malay, Indian, and Western.
One of the things that make hawker centers so special is their communal atmosphere. They are a great place to meet friends and family and to try new foods. Hawker centers are also an important part of Singaporean culture, and they have been inscribed on the UNESCO Intangible Cultural Heritage List.
I highly recommend visiting a hawker center. It is a great way to experience the local food and culture. Here are some of the best hawker centers in Singapore:
- Maxwell Food Centre: This hawker center is famous for its Hainanese chicken rice, but it also has a wide variety of other dishes.
- Old Airport Road Food Centre: This hawker center is a favorite among locals, and it is known for its satay.
- Tiong Bahru Market: This hawker center is located in a trendy neighborhood, and it has a great selection of hipster food stalls.
- Lau Pa Sat: This hawker center is located in the heart of the city, and it is a great place to try a variety of different cuisines.
Festivals and Events
Singapore Food Festival: It was a vibrant celebration of Singapore’s diverse culinary scene, featuring iconic hawker fare, innovative restaurant creations, and exciting workshops. The highlight was the Festival Village, a bustling hub with over 50 vendors offering unique dishes and delectable treats.
Chinese New Year is a vibrant explosion of sights, sounds, and delicious smells. The city transforms into a kaleidoscope of red lanterns, dazzling decorations, and bustling markets. Festive energy fills the air with the rhythmic beats of lion dances and the joyous shouts of “Gong Xi Fa Cai!” Families gather for reunion dinners, exchanging lucky red envelopes and sharing traditional dishes like dumplings and spring rolls. Chinatown, the heart of the celebrations, is awash in light displays and street performances, while the iconic Chingay Parade brings together cultural performances from across the globe. From temple visits to fortune telling, the festival offers a glimpse into ancient traditions while embracing modern-day festivities. It’s a time for renewal, good fortune, and unforgettable experiences, making it a truly unique and captivating celebration.
Singapore Grand Prix is a Formula One motor racing event held on the Marina Bay Street Circuit in Singapore. It was the first night race and first street circuit in Asia to be designed specifically for Formula One races. The race has been held annually since 2008, except for 2020 due to the COVID-19 pandemic. The Marina Bay Street Circuit is a challenging and unique track, with tight corners, long straights, and elevation changes. The race is held at night, under floodlights, which adds to the excitement and spectacle of the event. The Singapore Grand Prix is a popular event with both local and international fans. It is a major tourism draw for Singapore, and it generates millions of dollars in revenue for the city. The race is also a significant cultural event, and it is seen as a way to showcase Singapore’s modernity and sophistication to the world.
Living in Singapore
Housing and Living Cost
Singapore’s housing and living costs can be quite high, especially compared to other Asian countries. Rent, the biggest expense, varies significantly depending on location and type of accommodation. Luxury condos in prime central areas can reach S$15,000 per month for a 3-bedroom, while more modest options in city fringe areas start around S$4,500. Landed properties like bungalows are even more expensive, with rents reaching up to S$35,000 for a high-end unit. Utilities and mobile subscriptions are relatively affordable, but groceries and eating out can be pricey. Overall, while Singapore offers a high standard of living, the cost of housing and living can be a significant challenge, especially for those on a budget.
Health and Education Facilities
Singapore boasts a robust and accessible healthcare system, consistently ranked among the best in the world. The Ministry of Health oversees a network of public hospitals, including acute general hospitals like Singapore General Hospital and specialty hospitals like the National Heart Centre and the National Cancer Centre. These hospitals offer a wide range of medical services at subsidized rates for Singaporean citizens and permanent residents.
Additionally, a network of polyclinics provides primary care services like consultations with general practitioners, vaccinations, and chronic disease management. These facilities are conveniently located throughout the island and offer affordable healthcare to all residents.
Singapore’s education system is another point of national pride. The country emphasizes academic excellence and holistic development. Students progress through a system of primary schools, secondary schools, and tertiary institutions. The majority of schools are government-funded and offer high-quality education at subsidized costs. For students seeking a more specialized education, there are also a number of private schools and international schools available.
The education system in Singapore is known for its rigorous curriculum and emphasis on standardized testing. However, it also places importance on developing well-rounded individuals through co-curricular activities and national service for male citizens. The system has produced consistently high results in international rankings, with Singaporean students consistently performing among the top in the world in mathematics and science.
Overall, Singapore’s health and education facilities are world-class and contribute significantly to the country’s high quality of life. The government’s commitment to providing affordable and accessible healthcare and education has resulted in a healthy and well-educated population.
Investing in Singapore
Economy of Singapore
Singapore’s economy, while experiencing a slowdown in 2023 due to global headwinds, remains strong and highly developed. The GDP, estimated at $515 billion in 2023, ranks 30th globally. Despite a growth rate of only 2.3%, significantly lower than the 7.6% seen in 2021, Singapore boasts a high income per capita of $54,530. Key sectors driving the economy include:
- Exports: Singapore is a trade-driven nation, with electronics and precision engineering being major export contributors. However, global trade slowdown has impacted this sector in 2023.
- Services: The service sector is dominant, accounting for over two-thirds of GDP. Finance and insurance, information and communications, and tourism are key sub-sectors. While tourism saw a rebound from pandemic lows, sluggish international trade is weighing on services exports like transportation.
- Manufacturing: Despite recent contraction, manufacturing remains a vital sector, especially for electronics and chemicals.
Singapore’s economy faces challenges like inflationary pressures and dependence on global trade. However, its strong fundamentals, business-friendly environment, and focus on innovation position it for continued success as it navigates the global economic slowdown.
Political Overview
Singapore is a parliamentary representative democratic republic with a political system modelled after the Westminster system. The President of Singapore is the head of state, and the Prime Minister is the head of government. The government is characterized by a multi-party system, and executive power is exercised by the Cabinet from the parliament, and to a lesser extent, the president. The country’s legal system is based on English law, and the Constitution lays down the fundamental principles and basic framework for the three branches of government: the Executive, the Legislative, and the Judiciary. The Parliament of Singapore is unicameral, with members elected by the people at regular General Elections. The government and the cabinet are led by the Prime Minister, and the President is directly elected by the people, possessing certain veto powers over the government, which can be exercised within the areas permitted by the Constitution. The political system in Singapore has been dominated by the ruling People’s Action Party (PAP) and the family of the current Prime Minister Lee Hsien Loong.
Legal System in Singapore
The legal system in Singapore is a fascinating blend of influences, primarily based on the English common law system with elements of local legislation and Asian traditions. Here’s a breakdown of the law in Singapore:
Sources of Law
- Constitution: The supreme law of the land, outlines the fundamental rights and structure of the government.
- Legislation: Laws enacted by Parliament, covering various aspects of life.
- Subsidiary Legislation: Regulations and rules made by government agencies under the authority of specific statutes.
- Common Law: Judge-made law established through precedents set by past court decisions. This plays a significant role in areas like contract law, property law, and tort law.
Court System in Singapore
- Supreme Court: The highest court in the land, comprising the Court of Appeal and the High Court. It handles appeals from lower courts and complex cases.
- State Courts: A three-tiered system consisting of District Courts, Magistrates’ Courts, and Juvenile Courts. They handle less complex civil and criminal matters.
- Coroners’ Court and Small Claims Tribunals: Deal with specific matters like coroners’ inquiries and small claims disputes.
Key Characteristic of Law in Singapore
- Efficiency and Speed: Singapore’s legal system is renowned for its efficiency and swiftness in resolving disputes. This is partly due to streamlined court procedures and limited opportunities for appeals.
- Strictness: Singapore has a reputation for strict laws and harsh penalties, particularly for offenses like drug trafficking and corruption. This contributes to the country’s low crime rate. Therefore, Singapore become one of the safest countries in Asia.
- Adaptability: The legal system is constantly evolving to keep pace with social and economic changes. This flexibility helps maintain its relevance and effectiveness.
Uniqueness System in Singapore
- Local Influences: Singapore’s legal system incorporates elements of local customs and traditions, reflecting the country’s diverse cultural heritage.
- Emphasis on Dispute Resolution: There is a strong emphasis on alternative dispute resolution (ADR) methods like mediation and arbitration to encourage out-of-court settlements.
- Technology Integration: The court system actively utilizes technology to improve efficiency and transparency.
Singapore Investment Authority (SIA):
There are three entities :
- GIC Private Limited: GIC stands for the Government of Singapore Investment Corporation, is a sovereign wealth fund that manages Singapore’s foreign reserves. It is one of the largest and most successful sovereign wealth funds in the world, investing in a wide range of assets, including equities, fixed income, real estate, and private equity.
- Monetary Authority of Singapore (MAS): While not technically an investment authority, MAS, the central bank of Singapore, plays a significant role in managing the country’s financial system and promoting investment. MAS also holds a portion of Singapore’s foreign reserves and invests them in a variety of assets.
- Temasek Holdings: Although not an investment authority in the strict sense, Temasek is another prominent investment agency in Singapore. It’s a commercial investment company owned by the government and operates with greater investment flexibility than GIC.
Investment
Establishing a Company in Singapore as a Foreigner
There are several forms of foreign business you can establish in Singapore, each with its own advantages and regulations. Here’s a breakdown of the most common options:
Incorporating a Subsidiary:
- Form: A separate legal entity from its parent company, incorporated in Singapore.
- Benefits: Limited liability (parent company not liable for subsidiary’s debts), access to Singapore tax incentives, full control over operations.
- Drawbacks: More complex and expensive to set up compared to other options, requires local directors and compliance with Singapore regulations.
Registering a Branch Office:
- Form: An extension of the parent company, not a separate legal entity.
- Benefits: Simpler and faster to set up, same legal status as the parent company.
- Drawbacks: Parent company liable for branch office debts, limited activities allowed (cannot directly generate profits), less flexibility and control.
Setting up a Representative Office:
- Form: A temporary office to explore the market or manage company affairs, not a legal entity.
- Benefits: Low cost and easy to set up, allows market research and liaison activities.
- Drawbacks: Cannot conduct any business activities, limited lifespan, no legal status.
Other Options:
- Sole Proprietorship: Simple and low-cost option, but the owner has unlimited liability for debts.
- Limited Liability Partnership (LLP): Similar to a partnership but with limited liability for partners.
- Variable Capital Company (VCC): A specialized type of company for investment funds, offering flexibility in capital structure.
- Reason for Investing in Singapore
There are several key reasons why foreign investors are drawn to Singapore:
- Economic and Business Friendliness:
- Tax regime: Singapore boasts a competitive and transparent tax system with a low corporate tax rate (17%), no capital gains or dividend taxes, and tax exemptions for certain industries and activities. This makes it an attractive destination for companies looking to minimize their tax burden.
- Ease of doing business: Consistently ranked among the top countries for ease of doing business, Singapore offers a streamlined and efficient process for setting up and running a business. This includes simple regulations, clear legal frameworks, and efficient government services.
- Infrastructure: Singapore boasts world-class infrastructure, including a modern transportation network, reliable utilities, and advanced telecommunications. This makes it a desirable location for businesses that require efficient and reliable operations.
- Strategic Location:
- Gateway to Southeast Asia: Singapore’s strategic location in the heart of Southeast Asia makes it an ideal hub for accessing the region’s growing markets. It offers easy access to major seaports and air routes, connecting businesses to over 600 ports in 120 countries.
- Free Trade Agreements: Singapore has a network of Free Trade Agreements with over 80 countries, providing businesses with preferential trade terms and access to new markets.
- Other factors:
- Political stability and security: Singapore enjoys a stable political environment with low levels of crime and corruption. This makes it a safe and secure haven for foreign investments.
- Highly skilled workforce: Singapore has a well-educated and multilingual workforce, making it easy for companies to find the talent they need.
- High quality of life: Singapore offers a high standard of living with excellent healthcare, education, and cultural amenities. This makes it an attractive destination for expatriates and their families.
Investment Opportunities
Singapore offers a diverse range of investment opportunities for foreigners, catering to different risk appetites and investment goals. Here are some potential avenues to explore:
Traditional Assets:
- Real Estate: Owning residential or commercial property can provide rental income and potential capital appreciation. However, foreigners face additional restrictions like higher down payments and purchase limits. Consider researching the Global Investment Programme (GIP) for potential exemptions.
- Stocks & ETFs: Investing in Singaporean companies or broad market ETFs gives access to the country’s vibrant economy. Researching individual companies or consulting financial advisors is crucial.
- Bonds: Singapore government bonds offer low-risk, stable returns. Corporate bonds offer higher yields but carry credit risk.
- Fixed Deposits: Safe and predictable returns with local banks, ideal for short-term investments.
Alternative Assets:
- Real Estate Investment Trusts (REITs): Invest in a diversified portfolio of Singaporean properties without direct ownership. Lower entry barriers and income distribution make them attractive.
- Robo-advisors: Automated investment platforms offer low-cost, diversified portfolio management for hands-off investors.
- Venture Capital & Private Equity: High-risk, high-reward options for investing in promising startups or established companies. Requires significant capital and expertise.
- Fintech & Emerging Technologies: Singapore is a hub for innovation, offering opportunities in blockchain, AI, and other cutting-edge sectors. Requires careful due diligence and risk assessment.
Singapore Mega Projects
Singapore is a small country with big ambitions, and its mega projects reflect that. These ambitious projects are designed to transform the country into a global leader in various sectors, from finance and technology to sustainability and tourism. Hereby mega-projects in Singapore:
- Jurong Lake District (JLD):This massive project is transforming a former industrial area into a vibrant new city centre. It will include offices, homes, parks, and entertainment venues, all connected by a network of pedestrian-friendly streets.
- Punggol Digital District:This new district is being developed as a hub for technology and innovation. It will house research and development facilities, start-up businesses, and educational institutions.
- Greater Southern Waterfront:This ambitious project will revitalize the southern coast of Singapore. It will include new parks, beaches, and residential areas, as well as a new cruise terminal.
- Tuas Terminal Phase 2: This expansion of the world’s largest container port will further solidify Singapore’s position as a maritime trade hub.
- Thomson-East Coast Line (TEL):This new MRT line will connect the northern and eastern parts of Singapore, making it easier for people to get around.
These projects are not only transforming the country’s physical landscape, but they are also shaping its future. They are helping to make Singapore a more sustainable, competitive, and liveable city.
Immigration
Immigration
Immigration law in Singapore for foreigners is quite comprehensive and covers various scenarios depending on your reason for wanting to stay in the country. Here’s a general overview:
Entry Requirements:
- Visa requirements: Nationals from some countries require a visa for entry, while others can visit visa-free for short stays. Visitor can check the list of countries requiring visas here: https://www.mfa.gov.sg/Consular-Services/Visitors/Visa-Information
- General entry requirements: All visitors, regardless of visa requirement, must have a valid passport with at least six months remaining validity, sufficient funds to support their stay, and proof of onward travel if applicable.
Types of Passes for Long-Term Stay:
- Employment Passes (EPs): Issued to professionals with high salaries and qualifications.
- S Passes: Issued to skilled workers with a minimum monthly salary.
- EntrePass: For entrepreneurs setting up businesses in Singapore.
- Family Passes: Dependents of EP and S Pass holders can apply for these.
- Student Passes: Issued to international students enrolled in recognized institutions.
- Long-Term Visit Passes (LTVPs): For foreigners who wish to reside in Singapore without working. Requires demonstrating significant financial commitment and meeting a minimum monthly income threshold.
Type of Passes for Foreigner investors in Singapore :
Immigration law for foreigner investors in Singapore revolves around the Global Investor Programme (GIP), which offers permanent residency (PR) in exchange for substantial investments in the country. The program underwent significant changes on March 15, 2023. Hereby the break down of the current key points:
Investment Options:
- Option 1: Invest at least S$10 million in a new or existing business in Singapore, creating at least 30 new jobs (15 Singaporean citizens, 10 new employees).
- Option 2: Invest at least S$25 million in GIP-approved funds that invest in Singapore companies.
- Option 3: Invest S$200 million or more in Singapore through various approved mechanisms.
Additional Requirements:
- Demonstrate good character and a successful business track record.
- Commit to residing in Singapore for at least six months in each calendar year.
- Meet health and security requirements.
Benefits:
- Permanent residency: Upon approval, gain PR status with the freedom to live, work, and study in Singapore.
- Family inclusion: Dependents like spouses and children can also apply for PR.
- Business opportunities: Access Singapore’s vibrant business ecosystem and potential for growth.
- High standard of living: Enjoy Singapore’s world-class infrastructure, education, and healthcare.
Important points to remember:
- The application process involves detailed documentation and can take 9-12 months.
- Minimum investment amounts are significantly higher than previously (raised in March 2023).
- Additional criteria and regulations may apply depending on your chosen investment option.
Permanent Residency (PR):
- Open to foreigners who have made significant contributions to Singapore’s economy or society.
- Requires meeting specific criteria and participating in a points-based assessment system.
Citizenship:
- Foreigners residing in Singapore for a certain period (typically 10 years) can apply for citizenship.
- Requires renunciation of existing citizenship as Singapore does not allow dual citizenship.
Tax for Foreign Investors
The tax for foreign investors in Singapore depends on several factors, including:
Type of income:
- Employment income: If you’re a foreign employee working in Singapore, you’ll be subject to progressive income tax rates ranging from 0% to 22%.
- Business income: If you’re running a business in Singapore, the corporate tax rate is a flat 17%. However, there are various tax incentives available for foreign investors, such as:
- Startup tax exemption: Qualifying startups can enjoy a 75% tax exemption on the first S$100,000 of chargeable income for the first three years.
- Partial tax exemption (PTE): Companies can apply for a 50% tax exemption on the next S$100,000 of chargeable income after the startup tax exemption period.
- R&D tax deductions: Companies can claim 100% tax deductions for all qualifying expenditures incurred on R&D projects in Singapore. Additionally, there are enhanced deductions for staff costs and consumables.
- Investment income:
- Dividends: Dividends from Singapore-resident companies are generally not taxable for foreign investors. However, there are some exceptions, such as if the dividends are paid out of exempt income.
- Interest: Interest income from Singapore-resident banks and financial institutions is generally not taxable for foreign investors. However, there is a 15% withholding tax on interest paid to non-residents.
- Capital gains: From January 1, 2024, foreign-sourced capital gains received in Singapore will be subject to tax if the entity lacks “economic substance” in Singapore. This is a new rule still being defined, and the specific criteria for “economic substance” will be determined on a case-by-case basis.
Residency status:
- Residents: Foreigners who are considered tax residents of Singapore are subject to tax on their worldwide income.
- Non-residents: Foreigners who are not considered tax residents of Singapore are only subject to tax on their Singapore-sourced income.
Here are some resources:
- Inland Revenue Authority of Singapore (IRAS): https://www.iras.gov.sg/
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