Essay on Introduction to Singapore - 4540 Words

1 Introduction G.K. Chesterton, a british novelist, poet and critic once said: They say travel broadens the mind; but you must have the mind. (Source (1)) Mr Chesterton made a good statement considering the business worlds increasing globalization where an understanding of international protocol has become more a necessity than a choice. The way to understand and being sensitive towards different cultures is just as important as business know how when it comes to being successful in international business. Successful executives understand the importance of being sensitive to business as well as social customs of the countries they are negotiating and working with. They are able to adjust to the culture-specific etiquette and are†¦show more content†¦Tourism is also an important earner of foreign exchange for the economy. Most visitors come for short stays, stopover or conferences. Singapore enjoys a largely open and corruption free environment, skilled work force, stable prices and advanced and efficient infrastructure that have attracted investments from more than 3,000 multinational corporations from the USA, Japan and Europe. Foreign firms are found in almost all sectors of the economy. Government According to the constitution, as amended in 1965, Singapore is a republic with a parliamentary system of government. The legal system is based on English common law. Political authority rests with the prime minister and the cabinet. The prime minister is the leader of the political party or the coalition of parties having the majority of seats in parliament. The president, who is chief of state, previously exercised only ceremonial duties. As a result of constitutional changes in 1991 the president is now elected and exercises expanded powers over legislative appointments, government budgetary affairs, and internal security matters. The president gets elected by popular vote for a six-year term. Since 1999 Singapores chief of state is Sellapan Rama Nathan. In August 2005 he was appointed president again, after the Presidential Elections Committee disqualified three other would-be candidates. Country Flag Majulah Singapura Ââ€" OnwardShow MoreRelated1. Introduction: Singapore Tourism industry Tourism in Singapore is regarded as a core industry1300 Words   |  6 Pages1. Introduction: Singapore Tourism industry Tourism in Singapore is regarded as a core industry and vital to the government’s economic diversification strategy. It is also a channel for communicating conceptions of nationhood founded on ethnic harmony and a vehicle through which the country’s leaders can assert their competence to audiences at home and overseas. Expansion of inbound tourism has been facilitated by official plans intended to broaden the Singapore’s appeal, centred on the creationRead MoreSingapore As A Financial And Transportation Hub And A Global Commerce887 Words   |  4 PagesIntroduction: Singapore, located in Southeast Asia, has a population of 5.39 million people. It’s land area stretches to 716.1 km2, with a high population density of 7615 per km2 (World Bank, n.d.). Singapore serves as a financial and transportation hub and a global commerce. Its economy is known for being the free, innovative, competitive, and business-friendly. It integrated itself in many economic sectors including financial services (fourth-leading financial centre), manufacturing, oil-refiningRead MoreSingapore Armed Force And Manpower Using The Defense Technology1447 Words   |  6 PagesIntroduction: Singapore Armed force is the military arm of the Total defense of the republic of Singapore and acts as the military component of the Ministry of defense. It comprises of three services like Republic of Singapore navy, the Singapore army and the Republic of Singapore Airforce. Recently, the technology advancement in Singapore armed force plays a significant role in all the services. There may have some challenges and opportunities of using technology for the Singapore Armed forces.Read MoreSingapore Economy Essay1662 Words   |  7 Pagesï » ¿ECONOMICS ASSIGNMENT Singapore Economy (2004 to 2013) CONTENTS 1. Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.2 2. Production Output Performance Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 3. Labour Market Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..8 4. Price Level Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.10 5. Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.12 1. Introduction Singapore has a highly developed and free-market economy that thrives on an open and corruption-free environment. It is toutedRead MoreIdentifying Opportunities for Achieving a Competitive Advantage in Singapore Today767 Words   |  3 PagesCompetitive Advantage in Singapore Today Introduction Today, Singapore enjoys a thriving free market economy and represents an important financial center for Southeast Asia. In this environment, it is not surprising that dozens of new businesses are opening each week in Singapore to take advantage of these boom economic times, including Western operations such as Starbucks and McDonalds, which offer fast service and a known quality. As the shop owner of a cafe in a quiet part of Singapore that serves a rangeRead MoreCiti Singapore: Company Analysis1754 Words   |  7 PagesCiti Singapore Contents Introduction of the Company 3 Environmental Factors 4 Financial Sector Uncertainty 4 Recovery from the Current Recession 4 Potential for another Global Recession 5 International Growth 5 Other Business Considerations 5 Demand for Capital 5 Demand for Deposits and Investments Opportunities 6 Citis Business Functions 6 Planning 6 Strategizing 6 Organizing 7 Leading 7 Controlling 7 Conclusion 8 Recommendations 8 Works Cited 10 IntroductionRead MoreSingapore As A South East Asian Country Essay914 Words   |  4 PagesSingapore risk assessment I. Introduction Singapore is a South East Asian country. However, unlike other countries in the region, Singapore is notable for its high standard of living and a modern and efficient economy, similar to a country in Europe or North America. Singapore is an ideal transition place for Western company seeking to expand to Asia but lack the practical knowledge and experience operating in the region. This paper aims to explore the various aspect of the business climate in SingaporeRead MoreAdvance Practice Nursing1472 Words   |  6 PagesIntroduction â€Å"Advance Practice Nurse (APN) is an umbrella term given to a Registered Nurse who has acquired the expert knowledge base, complex decision-making skills and clinical competencies for extended practice†. This definition of APN was adapted from International council of Nurses’ in 2005 by Singapore nursing Board (Kannusamy, 2007). The American Association of colleges of Nursing defines advance practice nursing as licensed registered nurses prepared at the graduate level in nursing as aRead MoreThe Fall Of Singapore : A Year Ignite Clement Chuah773 Words   |  4 PagesFall of Singapore HASS 2nd Year Ignite Clement Chuah - 24 August 2015Introduction The Fall of Singapore was considered one of the greatest defeats in the history of the British Army. It was also considered Britain s worst defeat in World War Two. The Japanese had already taken many other countries in the Asia-Pacific region during the war but Singapore was one of the worse. This report will explain the reasons and events that led to the fall of Singapore and how it affected people around theRead MoreThe Sweden Vs Singapore Health System Comparisons1656 Words   |  7 PagesThe Sweden Vs Singapore Health System Comparisons: The Role of Governmental Public Health Agencies The Singapore: Introduction and Country Overview Singapore was founded in 1819 as a British trading colony. Although it joined the Malaysian Federation in 1963, it declared independence in 1965. Since then, it has been one of the world’s wealthiest countries with strong international trading. It has one of the world’s busiest ports. Geographically, it located in