CHAPTER 1 MACROECONOMIC SITUATION After an impressive growth performance for almost six years‚ the world economy has entered a period of uncertainty due to a financial turmoil triggered by the subprime mortgage crisis in the United States of America (USA). During 2002 to 2007‚ the world economic growth averaged 4.5 percent per annum compared to 3 percent in the 1990s. The sudden gloom in world economic prospects has come as a surprise in view of the persistent economic growth and stability
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John de Bhal Singapore achieved independence in 1959 due to a lack of British colonial retaliation to the Japanese occupation during World War II. In 1965‚ it achieved independence for a second time as a result of poor leadership within the Federation of Malaysia from both Tunku Abdul Rahman and Lee Kuan Yew. Singapore‚ unlike most other states and nations‚ has achieved independence twice: once in 1959 when it was decolonised by the British;1 then again after it was expelled from the Federation
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Name: Clara Soo Wen Lin (4) Class: 2E History Holiday SEQ Assignment Question 1(a) Immigrants came to early Singapore due to push factors such as famines and droughts as well as natural disasters and starvation‚ and the desire to seek protection and safety. India was overpopulated and the immigrants faced many droughts and natural disasters in their homeland. After droughts wiped out their crops and resulted in famine‚ many would be forced to find jobs in the city in order to earn
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Singapore Custom: 1. In Singapore‚ the HS CODE of the soy milk drink is 22029020. 2. In general‚ all goods imported into Singapore are subject to Goods and Services Tax (GST) levied at 7% of the CIF value (Cost‚ Insurance and Freight). This is inclusive of all other charges‚ costs and expenses incidental to the sale and delivery of the goods into Singapore. Dutiable goods in Singapore consist of the following 4 broad categories: a. intoxicating liquors‚ b. tobacco products‚ c. motor
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SAU LECTURE NOTE ON ECO 213 INTRODUCTION TO MACROECONOMICS I COURSE OUTLINE 1. Nature and scope of macroeconomics • Macroeconomics defined • Why study macroeconomic • Macroeconomic theories • Relationship and interdependency of microeconomics and macroeconomics • Drawbacks of macroeconomics 2. National income accounting • Definitions • Concepts associated with national income •
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THE FALL OF SINGAPORE SPEECH The Battle of Singapore was fought in South-East Asia during World War II‚ when the Japanese Army was severely underrated. Nobody could have predicted the outcome of the battle that commenced on the 31st of January 1941 and lasted til the 15th of February in 1942. Singapore was a great strategic naval base for the Allied Forces‚ and they anticipated an attack. The British had the numbers‚ but it seems as though the Japanese had the luck. Let me start by telling
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Airline Services – Singapore Airlines Singapore Airlines (SIA) has a history of more than 60 years. It grew out of Malayan Airways which began operating scheduled flights between Singapore and Kuala Lumpur in an Airspeed Consul plane in 1st May 1947. 26 years later‚ Malayan Airways‚ which was renamed MSA in 1963‚ split into two: Malaysia Airlines and Singapore Airlines. It is from this moment on that Singapore Airlines commenced its independent operations. Beginning operation with 5 Boeing B707s
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THE CONTEXT OF MANAGEMENT (MBA 591-1) An analysis of South African Broadcast Corporation’s Internal and External Environment. Prepared By: Wandisa Vazi (72112212) Date: 25 August 2008 TABLE OF CONTENTS Executive Summary………………………………………………………. 3 1. Introduction…………………………………………………………. 3 2. Analysis External Environment…………………………………. 4 2.1 Political Forces…………………………………………………………… 4 2.2 Economical Forces……………………………………………………….
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company’s marketing environment that affect its ability to serve its target customers effectively.The marketing environment can be defined as everything that surrounds an organization’s environment and can affect its operation.The business environment consists of the actors and forces that affect an organization’s ability to develop and maintain business with its targeted customers. These are the Micro Environment‚ the Macro environment and the internal environment.The micro-environment of an organization
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Tourism in Singapore is a major industry and attracts millions of tourists each year.[1] Its cultural attraction can be attributed to its cultural diversity that reflects its colonial history and Chinese‚ Malay‚ Indian and Arab ethnicities. It is also environmentally friendly‚ and maintains natural and heritage conservation programs. As English is the dominant one of its four official languages‚ it is generally easier for tourists to understand when speaking to the local population of the country
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