Singapore Profile

In earlier days Singapore was a British trading colony. Singapore is known as one of the world’s most well-to-do countries. Its ports are the busiest in the world. It can also be mentioned that its per capita GDP is larger than those of the leading nations of Western Europe. Singapore is actually an island situated in southeastern Asia. This is located between Malaysia and Indonesia the area of which can be measured as 42 km by 23 km. The country has a tropical climate with a relatively uniform temperature in the whole year.

The total population of Singapore can be noted as 4.2 million. This is growing at a rate of 3.54 percent. The majority has been occupied by Chinese people and the rate is 76.9 percent of the total population. This is followed by Indians, Malays, and other ethnic groups as well. In Singapore, the official languages are Tamil, Malay, and English. English is the official language of administration in the country. In schools also English is must language.

Singapore is a republic with a parliamentary system of government and also an elected president. The business environment is remarkably open and also free of corruption in Singapore. The market can boasts of stable prices and the fifth highest per capita GDP in the world. The economy of Singapore is mainly driven by exports and services. In education and technology, the government invests heavily in Singapore.


Singapore is positioning itself as the region’s high-tech hub which is financially strong in an increasingly global future. The success of Singapore’s economy depends on a number of factors. These are political and social stability, strategic location, a pro-business government, thrift and industry, and investment in infrastructure. In Singapore you can get regional headquarters of many multinational corporations. They use the country as the home base to hit nearby emerging markets such as Vietnam, Indonesia, and Thailand.