Tag Archives: Singapore

According to allcountrylist, Singapore is a small, highly developed Asian country with a population of 5.6 million and a nominal Gross Domestic Product (GDP) of $326.5 billion. The economy of Singapore is highly diversified, with the services sector comprising the largest share of the economy at 65%. This includes finance and banking, insurance, real estate services, business services and tourism. Manufacturing makes up 24% of GDP and includes electronics, chemicals, biomedical products and petroleum refining. Agriculture accounts for only 1% of GDP but is still important to the nation’s food security. The manufacturing sector in Singapore is highly advanced, with a focus on high-tech industries such as electronics, chemicals and biomedical products. Singapore also has one of the most open and competitive economies in the world – it has no restrictions on foreign direct investment (FDI), no capital gains tax or wealth tax and very low corporate tax rates. The government has implemented several initiatives to promote economic growth in Singapore such as encouraging innovation through research & development grants, providing incentives for businesses to upgrade their technology & skills as well as providing access to financing for new businesses through government-linked venture capital funds. Additionally, Singapore has signed several regional trade agreements such as ASEAN (Association Of South East Asian Nations) which allows for free trade between member countries within South East Asia thereby increasing access to markets outside its own borders. In addition to this Singapore is also part of the Trans Pacific Partnership which provides tariff-free access to markets from North America to Asia Pacific for certain goods originating from eligible countries including Singapore. The history of agriculture in Singapore dates back to the early 19th century when subsistence farming was the main form of food production. Crops such as rice, fruits and vegetables were grown while livestock such as pigs and chickens were also reared. During the colonial period, agricultural production shifted towards a more commercial model with plantations becoming common. This saw an increase in crop yields and productivity while exports of cash crops such as rubber, pepper and gambier also rose. In the post-independence period, agricultural production continued to be dominated by cash crops but subsistence farming remained important for local consumption. This was further bolstered by initiatives from the government which saw increased investment in infrastructure such as irrigation systems and improved access to markets for farmers. In addition to these traditional crops, other products produced include fish, seafood, spices and timber while livestock farming is also popular with poultry being the most common type of animal reared. In recent years there has been an increased focus on sustainable agricultural practices which has seen a shift towards organic farming methods. The government has implemented various initiatives to promote organic farming including providing subsidies for organic inputs such as compost and establishing certification schemes for organic produce. These initiatives have helped reduce environmental degradation associated with traditional farming methods while also allowing for increased crop yields which have helped fuel economic growth throughout Singapore. See collegesanduniversitiesinusa for Singapore Education and Training.

Singapore Old History

Singapore is an independent nation in Southeastern Asia. With the capital city of Singapore, Singapore 2020 population is estimated at 5,850,353 according to countryaah. Singapore had a small Malay population when the British colonized the island in the late 18th century and the British East India Company set up a trading station there. Trade attracted… Read More »

All About Singapore Country

Brief information In Singapore, on the same street, you can meet Chinese fortune-tellers and Western psychoanalysts. In this city-state, old people play mahjong, respectable businessmen are fond of golf, and ancient Hindu and Buddhist temples coexist with capitalism. Singapore is a metropolis with a diverse culture and religion. Tourists are waiting for exciting rides, parks,… Read More »