Signapore
Published on Nov 19, 2015
submission 2
MORE DECKS TO EXPLORE
PRESENTATION OUTLINE
Cultural Aspects
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- Because of Singapore's ethnic and cultural variety, there are literary works being published in all four of the country's official languages.
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- Poetry seems to be the more popular form of literature in Singapore. Some of the earliest English written Singaporean poetry can be dated back to the early 1800s.
Photo by The Wandering Angel
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- Singapore is also a melting pot of all kinds of music ranging in genres from classical to traditional, and from death metal to rock and roll.
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- Just like the vast variety of literary works being published in different languages, Singapore's music industry strongly supports the country's ethnic diversity and languages.
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- Some of the world's most popular religions are represented in Singapore's population. Buddhism (33%), not religious (17%), Islam (14.7%), Protestantism (11.3%), Taoism (10.9%), Catholic (7.1%), Hindu (5.1%), other religions (.7%)
Photo by neilalderney123
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- Based on geert-hofstede.com, Singapore has a masculinity score of 48, power distance of 74, individualism of 20, uncertainty avoidance of 8, long term orientation of 72, and indulgence of 46.
Photo by Kenny Teo (zoompict)
General Infrastructure
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Financial Infrastructure
- Currency is Singapore dollar
- 1 USD = 1.42379 Singapore dollar
- The Monetary Authority of Singapore (MAS) is the central bank of Singapore.
- Singapore does not have any current loans from The World Bank.
Photo by narin-flickr
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- Exchange rate is determined by comparing the SGD against trading partners and other countries of interest and allowing the SGD to float within a specific margin. However the SGD is "float managed" meaning that the Singaporean government has mechanisms in place to avoid inaccuracies in the SGD exchange rate and purchasing power.
Photo by Lyndi&Jason
Financial/Legal Environment for Business
- Once established in Singapore a foreign corporation can perform banking operations the same as a locally born corporation.
- In order for a foreign business to establish a presence in Singapore the business must appoint two local Singaporean citizens on its behalf.
Photo by UweBKK (α 77 on )
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- There are some special requirements for businesses such as insurance, stock broking, banking, cigar making, goods production, and firecrackers.
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- Once the company is registered, it can be 100% foreign owned and there is no need for a joint venture with a domestic pre-existing business.
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Physical Infrastructure
- Singapore has a very effective, efficient, and very afforable public transit (SMRT).
- Singapore Power Group (SP) is the dominate power supply company for Singapore.
- The more popular cellular providers are SingTel, M1, and StarHub.
Photo by Pietro Ferreira
Citations
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- 2015 Sept 1. http://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=SGD
- 2015 Sept 1. 1http://www.singaporepower.com.sg/irj/portal
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- 2015 Sept 1. https://clients.txtnation.com/entries/301118-All-Countries-List-Of-Mobile-O...
- 2015 Sept 1. 1http://www.singaporepower.com.sg/irj/portal
