Economy of Singapore Singapore is a highly developed trade-oriented market economy.[10][11] Singapore’s economy has been ranked as the most open in the world‚[12] least corrupt‚[13] most pro-business‚[14] with low tax rates (14.2% of Gross Domestic Product‚ GDP)[15] and has thethird highest per-capita GDP in the world; in terms of Purchasing Power Parity (PPP). Government-linked companies play a substantial role in Singapore’s economy‚ which are owned through the sovereign wealth fund Temasek Holdings
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Salasilah Negeri Kedah. Located strategically by the Strait of Melaka‚ Kedah is part of the early sea trade route of the spice route for Arab‚ Persian‚ Tamil Nadu and India-to-China traders. It was then; Kedah was recognised as major kingdom of the Malay Peninsula‚ dating back to the 5th century. Due to her fame‚ Kedah was subjugated by Srivijaya in the 7th century. Until the 15th century‚ Kedah came under the influence and rule of the Siamese kingdom. A treaty allowed Kedah to be independent for
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Research Paper on Singapore: Abstract In this paper I will present my research results regarding Singapore‚ as well as draw the picture of its marketing environment. I will include the information about the location‚ climate‚ population‚ religion and culture‚ official spoken languages‚ state of economy and level of technologies‚ political and legal systems‚ level of competition and potential for economic growth. In the conclusion I will highlight advantages and disadvantages of the Singapore marketing environment
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Description of the campaign: The Fall of Singapore is considered to be one of Britain’s worst defeats in the World War II. It occurred on 15 February 1942 and marked a dramatic victory for the Japanese. It displayed the immense power of Japan and the threat they had upon many countries in the world. This battle involved both savage methods and ended with the atomic bombing on Hiroshima in August 1945. Following the Japanese attack on Pearl Harbor‚ Japan was able to pursue their other military
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Singapore Airlines’ strategy Singapore Airlines is positioned as a premium carrier with high levels of innovation and excellent levels of service‚ and has made a strategic choice of giving priority to profitability over size. The internal organizational practices outlined in this paper‚ such as continuous people development and rigorous service design are key aspects of operationalizing and sustaining this positioning and strategic choice. At the corporate level‚ SIA follows a strategy of
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Introduction Our group’s choice of attraction is the Singapore Flyer (FIG.1). Endorsed by the Singapore Tourism Board (STB) and opened on 25th April 2008‚ the Flyer stands at 165m in height and was built at a cost of S$240 million. It is ranked #19 out of 276 attractions in Singapore on TripAdvisor and is one of the attractions that make up the “See Singapore Pass”. A General Assessment of the Singapore Flyer With reference to Butler’s Tourism Area Cycle of Evolution theory (1980)
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CASE STUDY IN TRAVEL‚ HOSPITALITY AND TOURISM Tourism in Singapore 6 May 2013 Table of Contents 1 Introduction The Singapore Tourist Promotion Board was first established in 1964 with the mandate to promote Singapore as a tourist destination. We began work with a small staff strength of 25 and that year‚ we welcomed 91‚000 visitors. The Merlion was created as a symbol as part of marketing campaigns. (Anon.‚ 2013) Travel agent licensing and tourist guide training were
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Download the original attachment ANSWER 1 The best known IT system‚ and the one that plays a most significant role in Singapore ’s trade‚ is TradeNet. TradeNet is an EDI system that links over 12‚000 traders (an increase from 1‚000 in 1990)‚ support companies‚ and government agencies that are involved in Singapore ’s international trade‚ for the purpose of exchanging trade documents electronically. Through TradeNet‚ companies and agencies can submit‚ directly from their computers
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tourism‚ transportation industry and accommodation industry. They are the three pillars of tourism industry. The tourism industry is very important for Singapore. It is one of Singapore’s economics pillar industry and contributors to the Singaporean economy. Tourism will help the Singapore government earn 10.8 billion Singapore dollars‚ the Singapore Tourism Board (2014) has shown that the tourism industry accounts for 4% of GDP and provide 160 thousand jobs opportunity. The developing of tourism brings
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