Friday, July 17, 2009

Singapore

Singapore (Chinese: 新加坡; pinyin: Xīnjiāpō; Malay: Singapura; Tamil: சிங்கப்பூர், Cingkappūr), officially the Republic of Singapore, is an island city-state located at the southern tip of the Malay Peninsula, lying 137 kilometres (85 mi) north of the equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands. At 710.2 km2 (274.2 sq mi),[7] Singapore, a microstate and the smallest nation in Southeast Asia, is by orders of magnitude larger than Monaco and Vatican City. These, as well as San Marino, are the only other surviving sovereign city-states.

Before European settlement, the island now known as Singapore was the site of a Malay fishing village at the mouth of the Singapore River. Several hundred indigenous Orang Laut people also lived along the nearby coast, rivers and on smaller islands. In 1819, the British East India Company, led by Sir Stamford Raffles, established a trading post on the island, which was used as a port along the spice route.[8] Singapore became one of the most important commercial and military centres of the British Empire, and the hub of British power in Southeast Asia.

During the Second World War, the British colony was occupied by the Japanese after the Battle of Singapore, which Winston Churchill called "Britain's greatest defeat".[9] Singapore reverted to British rule in 1945, immediately after the war. Eighteen years later, in 1963, the city, having achieved independence from Britain, merged with Malaya, Sabah, and Sarawak to form Malaysia. However, the merger proved unsuccessful, and, less than two years later, it seceded from the federation and became an independent republic within the Commonwealth of Nations on August 9, 1965. Singapore was admitted to the United Nations on September 21 of that year.

Since independence, Singapore's standard of living has risen dramatically. Foreign direct investment and a state-led drive to industrialization based on plans drawn up by the Dutch economist Albert Winsemius have created a modern economy focused on industry, education and urban planning.[10] Singapore is the 5th wealthiest country in the world in terms of GDP (PPP) per capita.[11] In December 2008, the foreign exchange reserves of this small island nation stood at around US$174.2billion.[12] The Singapore government, with approval from the President, announced in March 2009 that it would tap into her official reserves for the first time ever, and withdraw some S$4.9 billion. The funds were then used as part of the S$20.5 billion resilience package unveiled by Finance Minister Tharman Shanmugaratnam on 5 February 2009. As of January 2009, Singapore's official reserves stands at US$170.3 billion.

In 2009, the Economist Intelligence Unit ranked Singapore the tenth most expensive city in the world in which to live—the third in Asia, after Tokyo and Osaka.[13] The 2009 Cost of Living survey, by consultancy firm Mercer, has ranked Singapore similarly as the tenth most expensive city for expatriates to live in.[14]

The population of Singapore is approximately 4.86 million.[5] Singapore is highly cosmopolitan and diverse with Chinese people forming an ethnic majority with large populations of Malay, Indian and other people. English, Malay, Tamil, and Chinese are the official languages.[15]

Singapore is a parliamentary republic, and the Constitution of Singapore establishes representative democracy as the nation's political system.[16] The People's Action Party (PAP) dominates the political process and has won control of Parliament in every election since self-government in 1959.

Contents

Flag Coat of arms
Motto: "Majulah Singapura" (Malay)
"Onward, Singapore"
Anthem: Majulah Singapura
Images, from top, left to right: Merlion by the CBD, Singapore Zoo entrance, Esplanade - Theatres on the Bay, Gateway of Sentosa, Statue of Thomas Stamford Raffles, Downtown Core of Singapore, Raffles Hotel
Capital City of Singapore
(Downtown Core, Central)1
1°14′N 103°55′E / 1.233°N 103.917°E / 1.233; 103.917
Official languages English (main)[1]
Malay (national)
Chinese
Tamil
Demonym Singaporean
Government Parliamentary republic
- President S.R. Nathan
- Prime Minister Lee Hsien Loong
- Speaker of Parliament Abdullah Tarmugi
- Chief Justice Chan Sek Keong
Legislature Parliament
Formation
- Founding 29 January 1819[2]
- Self-government 3 June 1959[3]
- Independence from the United Kingdom 31 August 1963[4]
- Merger with Malaysia 16 September 1963
- Separation from Malaysia 9 August 1965
Area
- Total 710.2 km2 (187th)
274.2 sq mi
- Water (%) 1.444
Population
- 2008 estimate 4,839,400[5] (114th)
- 2000 census 4,117,700
- Density 6,814/km2 (2nd)
17,649/sq mi
GDP (PPP) 2008 estimate
- Total $238.755 billion[6]
- Per capita $51,142[6] (4th)
GDP (nominal) 2008 estimate
- Total $181.939 billion[6]
- Per capita $38,972[6] (22nd)
HDI (2008) 0.918 (high) (28th)
Currency Singapore dollar (SGD)
Time zone SST (UTC+8)
Date formats dd/mm/yyyy
Drives on the left
Internet TLD .sg
Calling code +652


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