Singapore is located on the major sea route between China and India, its excellent harbor and the free trade status made the island state the commercial and banking hub of Southeast Asia. By 1990s, the multiethnic population attracted to the island had grown from a few thousand to 2.7 million Singaporeans in which 74.2 percent are Chinese and counted for 4.3 percent of Global Overseas
Chinese population. The Malays and Indian are about 13 percent and 9.2 percent (Population trends, 2009). Most of its Chinese population is Hokkien originally from the seaboard of Southeast China immigrated mainly for economic reasons and concentrated in economic activities related to employment and trade (Chan & Chiang, 1994). The economic boom in Europe in 19th century encouraged the development of western colonial industrialists in Southeast Asia. By high adaptability of the Chinese immigrants in foreign lands, the inheritance of the Confucian values system and, risk taking nature attitude, they were quickly taken... [continues]
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