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Singapore, a country in Southeastern Asia, situated at the southern tip of the Malay Peninsula 137 km north of the Equator between Malaysia and Indonesia. The main part is Singapore Island and there are also about 60 very small islands.
The main island is connected to Peninsular Malaysia by a road and rail causeway which bridges the Johor Strait between Malaysia and Indonesia.
Name: Singapore or Republic of Singapore
Capital: Singapore
Nationality: Singaporean
Ethnic groups: Chinese, Malay, Indian, and others
Religions: Buddhist, Muslim, Taoist, Hindu, Catholic , Christian,...
Languages: Mandarin, English, Malay, Hokkien, Cantonese, Teochew, Tamil, other Chinese dialects.
Background
Begun in 1819 as a British trading colony, the Republic of Singapore was founded in 1965 under the leadership of the current Prime Minister’s father, Mr. Lee Kuan Yew. Lee Kuan Yew is a nonya. That is he can claim both Malay and Chinese heritage.
Before 1965, in 1963, Lee took Singapore into the newly created Federation of Malaysia.
This created all sorts of problems. In Singapore 75 percent of the members of the PAP were Chinese and there was much tension between Chinese and Malays. There was communal rioting in Singapore and in 1965 Lee Kuan Yew was told by his Malaysian colleagues in the federal government that Singapore must leave the federation.
While it is only 1/5 the size of Rhode Island and three times the size of Washington D.C., it is perhaps the most strategically important global trading, finance and service nexus in Asia.
Here is why you should consider investing in Singapore.
While Hong Kong and Shanghai will argue, Singapore is the busiest port in Asia situated next to the vital trading channel, the Straits of Malacca.
Unlike South Korea and Taiwan, which are heavily dependent on the cyclical electronics industry, Singapore has a well-diversified economy. 70% of its GDP is attributable to finance and services.
Singapore’s accounting rules and regulations are amongst the most conservative in the world. For example, its rules on inventory accounting and the expensing of stock options are more conservative than those in the United States.
Trade Surplus
Despite only 1.6% of its land being suitable for agricultural activities and having to import almost everything including water, Singapore manages to have a trade surplus.
Singapore has a balanced budget, a stable currency and still manages to allocate 5% of GDP for defense.
It represents a multi-ethnic society with 77% Chinese, 14% Malay and 8% Indian.
Singapore has a parliamentary form of government, an English common law judiciary system and is corruption and drug free.
Slowly but surely, a freer political climate is developing with a Speaker’s Corner instituted in 2000 and the ability to express one’s views freely anywhere with the exception of the sensitive topics of race and religion
Singapore’s educational performance is legendary. The fact that it has twice as many Internet users as television sets is telling.

         
Images: From left to right. Singapore Business District, a flower girl, Waterfront - View of the distinctive waterfront
condominiums at Tanjong Rhu from Nicoll Highway.

Singapore’s New Resorts
Singapore is also changing with the times. To generate more investment, tax revenue, and add a bit of sparkle, Singapore recently approved the development of two large casino resorts. It is part of a strategy to reduce the country’s dependence on manufacturing and to position itself as a livelier tourism destination. Of course, there will be restrictions. Singaporeans will have to pay a $60 entry fee and the gambling areas will be restricted to just 5% of the resort. According to projections, the resorts will lead to $4 billion in investments, $3.5 billion in annual revenues, 35,000 jobs and $350 million per year in taxes and fees.
Singapore has also made great strides in patching up misunderstandings with its neighbor to the north, Malaysia, from whom it split in 1965.
Tax issues, water supply agreements and transportation arrangements are all moving much more smoothly.
Singapore is adept at holding on to its manufacturing base even as several large semiconductor manufacturers such as National Semiconductor announced plans to move plants to China and Malaysia.
The main attractions of Singapore
Gareth Powell www.travelhopefully.com says, Singapore is a singularly pleasant place to visit. It is the ideal destination for someone making their first foray into Asia.
The chances of your being robbed in Singapore are pretty close to nil. And if you are, the local constabulary will move heaven and earth to fang the wretched miscreant and return your goods.
The roads are spotlessly clean - drop a bus ticket and you will very probably be fined. The road crossings are safe - go jaywalking and once again your wallet will be lightened. The roadside food stalls are the cleanest in the world. No one gets gippy tummy in Singapore. Singaporeans are joyous, intelligent, friendly. In the restaurants you are served with pleasure.
Pretty much all of the attractions in Singapore are man-made and of relatively recent origin. It is astounding that on this flat little island so much has been created to keep the visitor entertained.
Food. You can eat yourself silly with 100 different cuisines and still not have scratched the surface in Singapore.
My own view, formed after spending a lifetime in the area, is that the food in Singapore – because of its wide range of styles - is arguably the best in Asia. You can eat very cheaply by sticking to the open air restaurants that abound. They are all squeaky clean and serve ambrosia at discount prices. The first place to try is the Satay Club on Elizabeth Walk and then make your own discoveries.
The Jurong Bird Park. When I have business in Singapore I make it a point to keep half a day clear to go and sit on my own in the Jurong Bird Park. This has the largest aviary in the world. What they have done is net off a valley so that there is a waterfall inside the aviary. It brings balm to the soul.
Visit The Off-Shore Islands. It is easy to think that Singapore is just one diamond shaped island for that is the way that it appears on most maps. In fact there are several smaller islands that you can visit.
Boats can be hired from Clifford Pier which is just across the road from Change Alley. On the islands you will find an older, more peaceful Singapore. One where Stamford Raffles - the man who founded the place - would feel very much at home.
Visit The Tiger Balm Gardens. This place is truly a nonsense - but a most enjoyable nonsense. Full of statues and grottoes and buildings all garishly painted. They are, as I understand it, intended to give you an idea how heaven and hell look in the Taoist religion. Incidentally, Tiger Balm ointment, which provided the funds to build this place, does cure what ails you.
Wallow In The Luxury Of An Up-Market Hotel. My theory is that the local towkays - the millionaires - have all tried to one-up each other in the construction of hotels. The result is that in Singapore you can stay in a hotel with appointments and service you could simply not afford anywhere else in the world.
Spend Time In One Of The Many Gardens. My favorite is the Japanese Garden, again in Jurong. A well-designed Japanese garden always gives me a special sense of peace. This is almost certainly the best Japanese garden outside Japan.
Ong Hui Woo. Take some pictures of the old shops and their almost 90 degrees staircases. If you like taking pictures of elderly people, there are many sitting around the wet market doing nothing.
2. Go to Bukit Timah Nature Reserve for mountain biking or walk around and smell the green. Bring a bottle of water and shades.
3. Take a ferry (cost only $2) to Pulau Ubin and explore the island. You can also rent a bike or worn out motocycle. Try taking a taxi if you can find one, they can climb rough terrains better than jeeps. Explore some of the Malay kampungs and prawn farms.
4. Visit the Changi Prison. It's free entrance for both tourist and inmates. Drop by the museum and chapel for some WW2 history and photos.
5. Visit the Siang Lim Si temple at Toa Payoh. Watch people get blessed. For the non-believers, you can count the number of deities inside ... it should occupy you for one hour.
6. Go to the East Coast Park for a swim and followed by satay-bee hoon at the hawker centre.
7. Take a train to Changi Airport. Buy two cups of coffee, find a comfortable pillar in the departure hall viewing gallery, watch planes take off and ask yourself why you are not on the plane heading for a vacation.
8. Take a map and walk through MacRitchie Reservoir.
9. Go Sim Lim Square and check out the latest laptops and hardware.
10. Go jogging from Kallang River to Benjamin Sheares Bridge.
11. Take a train from the Tanjong Pagar Railway Station. You can go over to Malaysia and back within a day.
12. Try water skiing at Pungol.
13. Make your own kite and fly them at the Marine South open field. After that, you can have a delicious steamboat dinner at the many steamboat restaurant nearby.
14. Go to the Flea Market at Sungei Road. Some people called it the Thieves Market because most of the things sold there are not bought by the merchants.
15. Go cycling at the Sembawang Park. Quiet and nice even on the weekends. Cycle to the end and you can see some of the big ships refuelling.
16. Bring your own pit and barbeque along the Upper Pierce Reservoir. But if you feel oily, don't jump into the reservoir, you may end up in Point no. 4.
17. Visit the Tekka Market at Serangoon Road for a variety of fruits and vegetables. There is a stall selling one of the best Bryani Chicken Rice I have ever tasted.
18. Go fishing at Pasir Ris Park.
19. Visit the Kinokuniya Bookstore.If your are dizzy after browing the library size bookstore, sit down for a cup of tea at the cafe inside the bookstore. If you feel like a bookworm that day, then head for the Borders bookstore for a second helping.
20. Visit the Sungei Buloh Nature Park. Bring binoculars and do bird watching. After that, you can buy some hydroponic vegetables home at the nearby farms.