o Singapore is an island which is located in southern Malaysia. o This small island nation is the 4th leading financial centre in the world, playing a key role in global trade and finance. Public Infrastructures in this country efficient and the environment is clean and safe. According to the statistics the majority of the population is Chinese descent, with those Malay and Indian descent also featuring prominently. Singapore has one of the most active trading ports in the world in addition to being heavily involved in trade; it is also a centre for the finance industry. o Singapore has 4 official languages English, Malay, Mandarin and Tamil. o Singapore has highly developed state capitalist mixed economy. It has an open business environment. …show more content…
It is at the mouth of the Malacca Strait, through which perhaps 40% of world maritime trade passes. It was an important trading post in the 14th century, and again from the 19th, when British diplomat Sir Stamford Raffles founded the modern city. Now it is at the heart of one of the world’s most dynamic regions. o Singapore is the 14th largest exporter and the 15th largest importer in the world.
Export: The term export means shipping the goods and services out of the port of a country. Exports particularly in electronics and chemical alongside services they provide revenue for the economy which helps the country to purchase natural resources and raw goods which Singapore does not have. Items that Singapore exports are electronic equipment, oil, machines, organic chemicals, plastics, packaged medicaments etc. just last year i.e. 2014 its been estimated that exports from Singapore amounted to US$409.8 billion which is 16.5% higher than year 2010. Singapore’s export made up to 92% of its total economy.
The major export items were Refined Petroleum which represents 24.1%, followed by Integrated Circuits, which account for 15.3% of the total exports of Singapore. Some of the export partners of Singapore are Hong Kong, Malaysia, US, Indonesia, China,
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Generally, 'literacy ' also encompasses 'numeracy ', the ability to make simple arithmetic calculations. Singapore’s government really makes an effort to educate its people in order to prepare their next generation for the future. They have a strong education system. Their medium of education is English language. According to the statistics Literacy rate of young females in Singapore was 99.84 and their young males were 99.85% as of 2012. Their current literacy rate is 96.7%.
UNEMLOYMENT: Unemployment is when people are actively seeking work but are not provided with reasonable means. A growing number of multinationals have chose Singapore as a base as regional operations as they look further to penetrate the south East Asia market. Graduates who major in finance, accounting or business are recruited in a yearly basis. The current unemployment rate in Singapore is 2%. Despite of having the least unemployment rate among other developed countries Singapore still have Central provident fund (CPF) to offer their people which is meant to take care of the people who actively work and provide their services, financial needs at retirement as well as other areas such as healthcare, home ownership, investment and medical insurance. The government also provides basic needs to their needy people through the Ministry of Social and Family Development program.
Last year, Canada received 443 billion dollars in revenue from exporting goods throughout the world. Almost 54% of that was covered by Canada’s three major exports (Stat Can.) - mineral products, transportation items, and electrical equipment and machinery. While preparing theses resources for export may be difficult, it is worth it. This essay will review the large role exports play in Canadian economy by being a immense source of income, allowing Canada to maintain robust trade routes and relations throughout the world, and providing Canadians with many jobs.
What is literacy? Literacy is the ability to read and write. It is about a person’s ability to use these skills to shape their life. Being literate means to be able to write and read to talk effectively. Today being literate is to be able to write and read to be successful in the world. Literacy is vital to the advancement for people in their life. It also plays a huge part in the success in one's career endeavors. Years ago literacy just referred to the ability to write, read, and use the information.
Literacy, as defined by the Merriam-Webster Dictionary, is the ability to read and write, and the quality or state of being literate. Although this is a technically accurate definition of the word, literacy to me is more than the comprehension of certain texts and the capability to produce pieces of writing. It is the ability to experience emotions, develop ideas, and draw personal connections to the works of literature being read. It involves possessing the capacity to be able to react to the text positively, negatively, or even neutrally, contributing to a personal development of one’s literary self.
The textbook definition of “literacy”, is the ability to read and write. However, in my opinion, the true definition of the word depends on what literacy means to an individual. In today's society, being literate is almost always required to get any type of decent job. Literacy is definitely the first step of many to be successful in today's society. However, that is not the only means of importance that literacy holds. The fact that literacy has different definitions ties into the fact that literacy has had different effects on certain people throughout their lives. Most people in today's society seem to take literacy for granted because they view it as a hassle or obligation. I do not view literacy as that because of how it has helped me get through the toughest times in my life. In reality, you should love to read no matter what genre it is, and you should write until your hands go numb. Throughout my life, literacy has been a backbone of sorts throughout the struggles I've been through. By using literacy as a form of support, it has allowed me to grow a strong connection to reading and writing and truly appreciate it. To me, literacy means hope. Literacy has helped me heal and has helped me connect with people from all over the country who have changed my life forever.
My personal view of literacy is the ability to communicate and interact with yourself and one another. Without the ability to talk to one another, hear one another, or be able to understand what others are trying to say, you will be completely lost in a lonely world. I do not want to be stuck in a dark and quiet world, so I keep myself as literate and have as much knowledge as possible. Literacy is being able to communicate, read, and having knowledge while doing so.
Strong literacy skills are closely linked to the probability of having a good job that pays good. Usually, literacy is referred to as the ability to read, understand, and use information. But the term has come to take on broader meaning, standing for a range of knowledge, skills and abilities relating to reading, mathematics, science and more. This reflects widespread and deep changes that have taken place in technology and in the organization of work over the past quarter century. Having strong literacy skills are more important than some might think.
What is Literacy? “Literacy is the quality or state of being literate” (Merriam-Webster Dictionary). The traditional element of literacy can be coached however in today’s society that is not the case because within this millennium the digital age has taken over. Literacy starts from an early age so therefore, having the ability to be literate has a strong impact on ones future, the traditional forms of literacy are also being erased and replaced with digital forms, literacy is something that can be improved, being literate is very important because in today’s society lacking literacy has major consequences. And also a person of literacy has certain skills that are never forgotten. Literacy is a fundamental that has a huge difference in one’s life and without it life will be even more complicated.
Exporting is the commercial activity of selling and shipping a good or goods to a foreign country. Importing is the commercial activity of buying and bringing in goods from a foreign country. The benefits of exporting and importing are good to a countries economy as it creates local jobs. The Honda plant in Alliston exports the Honda Civic (a three door hatchback and four-door sedan) as well it is the only facility in the world that builds the full-size Odyssey minivan and the Acura MDX sport utility vehicle.
Singapore acts as a role of an entrepôt for Southeast Asia due to their strategic location, port infrastructure and highly skilled workforce. Singapore also purchases raw materials from other country and then refine the product into a better product to re-export. The reason for Singapore to do this is because of the lack of human and natural resources.
In this essay we look in-depth on how government strategies and economic policy play a crucial role in the success of High Performance Asian Economies (HPAEs) during 1960 to 1990 (World Bank 1993).There are eight countries within HPAEs: South Korea, Taiwan, Hong Kong, Singapore, Thailand, Malaysia, Indonesia and Japan. Its economic development has significantly rise that it was name ‘East Asia Miracle’ (World Bank, 1993).
Singapore is an island and a smallest country in Southeast Asia. Singapore is one of the “Four Asian Tigers” where the world major cargo seaport occurs. Despite the small size of the nation, Singapore economy have strong international trade link with capitalist mixed economy when the government intervention in the market is minimal (Economy watch, 2011).
Literacy simply means reading, writing, speaking, and listening. There are some purposes of literacy: learn, gain knowledge, communicate, form own opinion, understanding surroundings, experience, and pleasure etc. Balanced literacy seems complicated, but if you break down into each section, it is easier to define it.
Literacy, what is it? When this question was asked, my immediate thought was being able to read and write, duh. But as I sat back in my chair and tried to come up with something to say to the class, I realized literacy is not truly defined by that short definition provided when looked up in the dictionary. Literacy has been an important part every civilization, enabling the recording and sharing of history, thoughts, and ideas. It has a place in every aspect of society. From cooking, to science, to religion, literacy knows no bounds. Although literacy is often thought of as the ability to read and write in an academic setting, to me literacy is more beneficial when used outside of an educational context. Literacy in its most significant form is being able to decipher emotions and feelings, finding productive solutions to the problems, and sharing with others.
Looking back on the history of Singapore its hard not to sit back and rivet at all the progression and improvement that have made Singapore a more relaxing and astonishing haven and must-see destination. Starting chronologically, from the Sanskrit words “simha” (lion) and “pura” (city) Singapore or Singapura, the “lion City” shows the rich history and the beginning of a new era that Singapore went through, and describes the city-state and the city life of people whom live or visit Singapore. We then move into how the city-state flourished as a trading post for a lot of sea vessels, which include Chinese junks, Portuguese battleships, and Indian vessels. The nineteenth century was an important time for Singapore because it was when modern Singapore was founded. On January 29, 1819 Sir Thomas Raffles (the...
In addition, after the 2011 Singapore general election, the government of Singapore has greatly changed its economic approach and it seems to be better for the economy of Singapore so far. On the other hand, measures have also been taken to cool down the property market which has constantly affected inflation rates, also tightened the foreign labour policies that constantly influence the labour market and unfold its impacts onto the Singapore’s economy as it comes back in one round. The unemployment rate in Singapore has been maintaining itself as being one of the lowest numbers in the world. The majority of Singapore’s labour force is well educated and highly skilled. Even primary education is a must for all citizens (Economywatch.com, 2010). In addition, for the year 2010, Singapore had the 8th largest current account balance in the world at US$49.454 billion. To conclude, Singapore has come so far from its sunken economy since independence in 1965 to become a booming and prosperous economy that it is