What's the recent history of the island?
Singapore became a sovereign, democratic, and independent nation on August 9, 1965, beginning its effort to establish a sense of national identity and consciousness among a diverse population of immigrants. Singapore’s strategy for survival and development was to take advantage of its strategic location and the developing world economy. Today, Singapore is recognized as a modern metropolis and strategic centre of commerce in Asia.
Is Singapore economically healthy?
Singapore has been consistently ranked as one of the most competitive nations and best places for business in the world.
- Economic Development: The government is highly attuned to the needs of business. It regularly seeks the insights and advice of the world’s top business leaders and thinkers when shaping economic strategy, keeping Singapore at the forefront of economic progress.
- Robust Infrastructure: Singapore is one of the most well-connected countries in the world, with all the sea, air, and telecommunications links needed to serve as a regional business center. Getting around the island is effortless with the highly efficient Mass Rapid Transit system and bus and taxi services.
- Leading Financial Centre: More than 500 local and foreign financial institutions, offering a wide range of financial products and services, have operations in Singapore. In addition, Singapore is the fourth-largest foreign exchange trading centre in the world, and it is a growing Asia-Pacific centre for wealth management.
What's the local culture like?
Singapore is like no other place on earth. Despite its relatively tiny size, the island offers one of the most diverse cultural experiences in the world. The bustling community boasts centres for the arts and sports, provides open space for outdoor activities, and offers endless dining and entertainment choices.