Singapore Economic Growth – Sample Essay

Singapore Economic Growth Essay

Singapore has an exceedingly advanced market economy focusing on trade. Singapore’s economy is known to be the 7th least corrupt, most pro-investment and the third largest Gross Domestic Product per capita (Purchasing Power Parity) in the world. The Singaporean economy is an important Foreign Direct Investment outflow sponsor in the world. Singapore also benefits from the inflow of FDI from international investors and institutions due to its extremely striking investment atmosphere and a steady political situation. The economy generates most of its revenue through exports of electronics, chemicals and services. Its position as the heart of economic wealth in Asia permits it to procure natural resources and raw materials which it is deficient in.

After its independence from Malaysia in 1965, Singapore had an undersized local market with soaring levels of unemployment and poverty. The living conditions were very bad and unemployment averaged 14 percent. The GDP per capita was US$516, and half of the people were uneducated. To counter this problem, the Singaporean government established the Economic Development Board to stimulate investment, both local and foreign, in the economy. As a result, Singapore’s capital accumulation increased 33 times by 1992. Living standards gradually rose, with more people moving from low-income groups to middle-income groups. This led to elevated savings rate and a very sustainable economy growth in the long run.

Singapore’s economic policy created real growth of around 8 percent from 1960 to 1999. The economy flourished even more in 1999 after the regional financial crisis, with a growth rate of 5.4 percent and later 9.9 percent in 2000. However, the economic slump in the United States, Japan and the European Union coupled with the global decline on electronics reduced Singapore’s forecasted economic growth to negative 2 percent in 2001. The economy bounced back and grew by 2.2 percent the next year and by another 1.1 percent in 2003 due to the spread of severe acute respiratory syndrome. Consequently, a significant comeback led to the Singaporean economy increase its economic growth rate by 8.3 percent in 2004. In 2005, economic growth was 6.4 percent and in 2006, it was 7.9 percent.

From 8 June 2013, Singapore’s unemployment rate has fallen down to as low as 1.9 percent and the country’s economy has a comparatively lower growth rate, of approximately 1.8 percent on a quarter to quarter basis. This is far lower to economic growth that took place in 2010 with averaged 14.8 percent. The GDP in Singapore expanded and reached 6.2 percent on quarter in the most recent three months of 2015. This was higher than a 5.7 percent increase recorded earlier in 2015. The tertiary sector flourished more than estimated while manufacturing contracted more than predicted as shown by the annual figures. Over the course of the years, Singapore’s GDP growth rate averaged 6.96 percent from 1975 till 2015, reaching its highest at 37.20 percent in the first four months of 2010 and hit its lowest at -13.50 percent in the fourth quarter of 2008.

Singapore Globalization – Sample Essay

Singapore Globalization Essay

Singapore is the one country which has excelled the most in the past years. Economically, financially and technologically it is the most stable country in all of South Asia. And why should not it be praised for its achievements? It is a free market economy and has the most brilliant trading techniques. It has the 5th highest GDP per capita in the world. The secret to Singapore’s success is its export policies. It specializes in manufacturing products and industrial goods. It has also made a name for itself in the service sector.

Electronics, chemicals and medicinal items are also some of its major exports. Even when the world is facing a recession, Singapore maintains a good economic growth. The government is to be praised in this regard. Having a cooperative and understanding leadership can do wonders and give hope to the public. The government opened to the world market and increased international trade as years passed by. As the decades passed, the Singaporean government maintained its international policy. This changed the country into a hub of investment. Multinational companies invested and foreign investment grew. Capital investment also grew and as the people of Singapore were mostly laborers, the added investment created jobs and this increased employment. The literacy level of Singapore is one of the highest in the world. Singapore has proven that globalization is possible and has benefits which cannot be gained by doing anything else. All you need is the right management.

The Singapore financial system is exclusive in that it is greatly reliant on exports and imports and high FDI ranks to attain gradual development. It is no doubt that the local market of Singapore is small, but that does not affect it. Exterior aspects will certainly continue to be important determinants in its monetary stance. In an unpredictable universal market, Singapore’s major test is to maintain well-built lasting growth and reduce recurring variations. It gripped globalization as a policy to endorse trade and industry progress. Multinational co-operations have played the key role. Singapore is one of the largest oil refiners and hence is respected as the country and as an international market.

Contrasting a lot of other Asian economies, Singapore stretches out in the rewards of globalization. It was one of the major supporters of this initiative and showed strong support when the world talked about reducing trade barriers and making the countries one about trade. Globalization has many advantages. For Singapore, these were that it continued to have a strong grip on its power of export in economies of countries in Asia and outside of it. It has no trade barriers, and its free trade policies have given it a high place in USA as well. They have laws against the extra import of alcohol and have a strict check on imports that affect the environment. The only thing that Singapore has to watch out for is China because that country too is aiming for globalization.

Essay for Singapore Scholarship – Sample Essay

Essay for Singapore Scholarship

What are Scholarships?

In the most basic terms, scholarships are fundamentally prizes of monetary support presented to exceptional students. This is given so that they can continue their education easily. Whenever you hear the word “Scholarships” you immediately think of all the benefits you will get but in reality there is so much more to a scholarship than just its obvious benefits. It is important to look at the whole package, so you know what you are dealing with. There are many things you should consider before finalizing a program and scholarship.

There are quite a few scholarships; these include merit-based scholarships. The merit based scholarships are given to those students who have superb academic, artistic or athletic achievements. Need-based scholarships are given to those students who have superior educational documentation but face disabilities or financial problems. Student-specific scholarships are given to justified candidates of a specific race. The college-specific scholarships are given to exceptional students of a particular educational institution. Career-specific scholarships are given to intelligent students who aim to follow their occupations in a particular division.

Scholarships in Singapore

There are different types of scholarships available in Singapore. They are given by a variety of institutes. These include government agencies, community and classified units, non-profit associations, and instructive establishments. The Health Promotion Board presents scholarships for local and out of the country undergraduate and postgraduate studies. In the local category there are further two types of scholarships. These are divided according to the time. There are mid-term scholarships and full term scholarships. There is a small distinction in these types. Full term scholarships are given before a student starts the degree while mid-term is given in between a degree course. For mid-term scholarships students’ results before they started university and during their university times are assessed. Whereas for full term scholarships students must have excellent results of their high school or any level before they start university. Students often worry that getting a full term scholarship is impossible because of the vast competition but what they do not know is that even if they cannot get a full term scholarship, they can always apply for mid-term scholarships and get them easily. Every university has its own set of criteria for scholarships. These criteria’s have to be met in order for the student to even be considered for the scholarship.

Things to Consider before Applying for a Scholarship

There are many things that you must keep in mind before applying for a scholarship. The first and foremost is to check if the scholarship is available for the degree course you have chosen. Some scholarships are not applicable to certain subjects so check before applying. Secondly, you must check for the value of the scholarship. Different scholarships have different monetary value. Some provide full scholarships which cover residence and other expenses. On the other hand some organizations give partial scholarships. These are the ones where part of the tuition fee is covered. Sometimes a monthly allowance is also given to help students cope with day to day expenses.

Singapore Commonwealth – Sample Essay

The Commonwealth and Singapore

Singapore is a country located in the Asia Region. It joined the Commonwealth in 1965 after it gained independence from Malaysia. The Commonwealth is an organization which works for the betterment of the world. The countries included in it are Antigua and Barbuda, Australia, The Bahamas, Bangladesh, Barbados, Belize, Botswana, Brunei Darussalam, Cameroon, Cyprus Dominica, Canada, Fiji, Ghana, Grenada, Guyana, India, Jamaica, Kenya, Kiribati, Lesotho, Malaysia, Maldives, Malta, Mauritius, Mallow, Mozambique, New Zealand, Namibia, Nauru, , Nigeria, Papua New Guinea, Pakistan, Rwanda, Saint Lucia, Samoa, Seychelles, Sierra Leone, Singapore, Solomon Islands, South Africa, St Kitts and Nevis, Sri Lanka, St Vincent and The Grenadines, Swaziland, Tonga, Trinidad and Tobago, Tuvalu, Uganda, United Kingdom, United Republic of Tanzania, Vanuatu, Zambia. All these countries have a common language “English” and in times of need they reach out to each other. They are not bound to the Queen of England -who is the head of the Commonwealth- but there are some rules and laws that are decided by the queen which are followed by the other countries.

About Singapore

Singapore in an island located in the Southeast part of Asia. After getting independence it joined the Asia–Pacific Economic Cooperation, Association of Southeast Asian Nations, Indian Ocean Rim Association for Regional Cooperation, Non-Aligned Movement, United Nations and World Trade Organization. All these organizations have helped it flourish and develop it into the beautiful country it is now. Singapore has the offices of Asia–Pacific Economic Cooperation. Singapore and the Commonwealth have a strong relationship which is only increased by the fact that Singapore has participated in the Commonwealth games since 1958. It has won 40 medals since then and holds a good overall position. Singapore has a high birth rate and is in fact the most tightly inhabited country of the Commonwealth. The development of Singapore can be guessed by the fact that it has the lowest infant mortality rate in all the countries of the Commonwealth. It is worth noting that nearly 997 infants out of 1000 survive at birth. When it was first recognized as an official country on the world map the people of Singapore were mostly illiterate and were laborers. They had to struggle hard to compete internationally and the hard work they put in bore fruit. Now Singapore is classified as the best country in the world with the greatest economic freedom.

Interesting Facts

Apart from being an active member of the Commonwealth, it is an honor to say that Singapore has won the yearly Commonwealth Essay Competition nine times since 1983. 1983 was the first year when the Essay Competition was started. No other country has ever won this competition more than three times. This shows that the education level of Singapore is one of the highest in the world. The government of Singapore is keen to share their educational success with other members of the Commonwealth and so offer scholarships for postgraduate study in integrative sciences and engineering to the citizens.

Essay about Singapore National Day – Sample Essay

Essay about Singapore National Day

Introduction

On the 9th of August in the year of 1965, Singapore was officially recognized as a separate country on the world map. It was a day of joy for many people as they had finally gained independence from Malaysia. So every year the month of August holds special importance for the people of Singapore. It does not matter if you are young or old, when August arrives in Singapore, everyone is happy.

ndp-505429-data

It is a time of fun and joy and of honoring the scarifies of the people. The national colors of Singapore are red and white and so in this month you will see that all the buildings are adorned with lights shining bright with these colors. The entire country comes to life and individuals plan parties to celebrate the national day. Cakes and delicacies are ordered which add to the whole atmosphere.

Events

As all other independence days, The National Day of Singapore is also planned ahead by the government and the ministries. The day is begun with an exceptional speech by the Prime Minister of Singapore. This is aired live on the local channels. The Prime Minister addresses the key success of the nation and thanks the public for their undying effort to make the country a better place to live in. The future projects are also discussed which clarify the goals of the government and the nation as a whole. After the morning address the people get to enjoy the National Day Parade. It is held at the Marina Bay since 2008.

National-day-parade-singapore-fireworks

The parade showcases the talent of the pilots and other performers. There are skydiving, singing and other fun activities which the children and the adults both can enjoy and be a part of. The parade also pays tribute to the armed members of the society including the national army, police and civil defense forces.

singapore-national-day-parade-50th-birthday-golden-jubilee-family-tips

Famous political representatives are also part of the parade. Schools are chosen to send their students to march in the parade in uniforms. To end the night, there is a spectacular show of fireworks. This is done by different teams who gather at different places. The colors range from bright oranges to dark greens and pure reds.

Conclusion

The National Day of Singapore is a highly awaited holiday. People of Singapore belong from different backgrounds and cultures but this day brings them together.

ndp-crowd-singalong-data

The unity between the people is increased and they forget their differences and come together as one. That is what the National Day is about. It is to remind people that no matter what hardships they face, if they remain united they can conquer everything. Proper leadership can aid you to success and bring prosperity.

Essay about Singapore – Sample Essay

Location and History of Singapore

Singapore came into being in 1963. It is a country which is often referred to as the hub of all South Asian countries. It is an Island located in South East Asia and is one of the most spectacular places. The government of Singapore had to struggle hard in the early days because there was not much to work with. The people all belonged from different backgrounds and most of them were not educated.

singapore-skyline-marina-bay-flyer

There was a domestic market which had to be expanded in order for the country to survive. The official language was declared English later on and eventually things started to get better. Now Singapore is a top tourist destination. The education being provided is top notch and the people have grown from laborers to office workers doing white color jobs.

Life in Singapore

Life in Singapore is just like life on any other island. The people are extremely cooperative and nice. Being from different cultures and backgrounds, they know how it is to live together and welcome people from all around the world to visit their country.

singapore1

If you visit the place you will find that it is full of activity, bright and is filled the beautiful smell of different kinds of foods. Singapore is most notable for its variety of food. You can find cuisines of any country, city or place. From Chinese to typical Indian food, Singapore offers it all. Even the local vendors who sell food on the corners of the streets add a mixture of spices which are simply to die for.

food

Once you are done with your shopping and are tired and just want to eat something good, you can buy anything from these vendors and get back your energy in no time. The country is filled with beautiful buildings and architecture which is a mixture of modern and traditional art. At night, Singapore is a sight to behold.

humans-of-singaporeThe lights are reflected in the river and the sky turns a bright red. The buildings are decorated with colorful lights which shine bright to give them a stunning overall look. The people who work all day long get to enjoy this nightlife and often spend dinner time in different restaurants.

Marine-Life-Park-Sentosa

The people are not always working. They have vacations at different times of the year and also enjoy the different local and international festivals that are being held throughout the year. If you cannot decide where to spend your next new years eve, then choose Singapore. The best fireworks display coupled with an awesome parade is all you need.

Weather in Singapore

bad-weather-2-2

Singapore has tropical climate as it has a rainforest. It is mostly warm and wet throughout the year. There are no set seasons. The humidity can be high and rain can fall whenever it wants to but this rain does not last for long periods and often refreshes the land.

img_3225

The people have to dress according to the climate and so light cloth es are worn.

Singapore Zoo Sample Essay

Singapore Zoo Essay – The History

img_0113-singapore-zoo-safari-run-2012-zoo-map1The zoo is a place where you can find animals belonging from different parts of the world. In Singapore, there were many different zoos, but they were all small and could not run for a long period. They were located in different parts of the country.

Singapore Zoo PicThe Singapore Zoo came into being in 1973. It was long overdue and luckily opened right on time. At the time of its establishment, the zoo had over 270 animals belonging from 72 different species. It was a rare sight for the Nationals as well as the international visitors who had not witnessed such a spectacular zoo before. The zoo was run by a 130 member staff that made sure that everything was up to the mark and the animals were given proper care.

By the late 1900’s the zoo housed over 1600 animals from 160 different species. These animals were brought in from different countries and areas from around the world. In 2000, the zoo was reconstructed to add more attractions and facilities for the animals as well as the visitors. This increased the revenue and since then the zoo has witnessed a gradual up rise in its demand.

Types of Animals

From different types of monkeys to a variety of wild cats, you can find any animal in the Singapore Zoo. The administration has made sure to make the zoo an environmental friendly place for the animals to live in. The animals are kept in big areas designed according to their habitats. They are separated by water and dry moats to keep the visitors away.

Singapore Zoo PicAs the zoo is a large land, the animals are not confined to one place. They have the privilege to roam around when the visitors leave. You can travel around in the zoo on different means of transport. You can even get horse rides to get to your desired place. Singapore Zoo has the most orangutans living in it in the world. It is not surprising to know that different Doctors often come to stay in the zoo to study these orangutans as they are kept so well and brought up by the best trainers. In the past years, there have been a few incidents where the animals got out of the zoo but they were quickly taken care of.

Events and Shows

Perhaps the most interesting thing about the Singapore Zoo is the different shows it holds for its spectators. Breakfast with an Orangutan is the most liked show. In this, the visitors get to interact with the orangutans.

img-bop-01
The zookeepers take charge of explaining the lives of the orangutans to the people who listen keenly and also get to feed the animal. Elephants at Work and Play is another much-loved show, especially by the children. The elephants are guided by the trainees to do different tasks like picking up logs etc. Children get to learn a lot about these animals through a fun way.

Singapore Education – Sample Essay

Education as the Basis of Society

Education is very important for any society. The country of Singapore recognized this importance right after it gained independence in the 1960’s. It became one of the pillars of the society and led them to success and prosperity. Singapore is an island and so they do not have as many opportunities as other countries in terms of natural resources. The one benefit they do have is the hard working people that reside in the area. The people are not only hard working; they are also very kind and honest. They take education seriously as they know how their forefathers struggled to bring the country to where it is today.

Over the years the quality of education being provided has only improved. The schools and colleges are highly competitive and have made way in the international market for schools. The world has come to recognize Singapore as a place where one can get the top education while also experiencing living in a multi-cultural environment. The government of Singapore should be praised for this development as they have introduced reforms which make the education better. The government provides funds to both public and private schools. These vary in amount but a strict check is kept upon the usage of these funds, so they are never misused.

Curriculum

Singapore is a country which has people of different nationalities living there. The cultures and backgrounds of people differ in terms of where they actually migrated from. The language and religious beliefs of the people are also different. Seeing all the differences, it was hard to finalize a curriculum for the entire population to follow in schools and colleges. As English was declared the national language, the medium of education was also declared to be English.

In addition to learning English students are also taught in Malay, Mandarin or Tamil. Singapore is especially noted for its high standard teaching of Math and Sciences. It is ranked first across 140 countries in these subjects. Children with special needs are also catered for and they all have a safe environment to learn in. The foreign system schools are also kept under the check of the government and made sure that their standard is kept in line with the other schools. Homeschooling is also done but is not encouraged because at school level children should get the exposure of meeting and interacting with new people.

Universities

Singapore is probably most popular for its high-quality university education. Over the years it has developed into an international hub where international students come to gain knowledge. Singapore at present has five independent universities. They are the National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore Management University (SMU), Singapore University of Technology and Design (SUTD) and Singapore Institute of Technology. A graduate medical school, Duke-NUS Graduate Medical School Singapore, was also established through a joint venture between Duke University School of Medicine and NUS to boost Singapore’s aptitude to expand a lively biomedical center.

Singapore History – Sample Essay

Singapore History Essay – Sample

Singapore was commonly known the “island at the end of a peninsula” in the third century. After the establishment of the first settlements in 1299 AD, the name was changed to Temasek or “Sea Town”. At some point in the 14th century, this small island was named “The Lion City” or Singapura, by the Prince from Palembang.

There on out, Singapore became the ideal trading hub and center of all business transactions due to its strategic location. Between the 16th and 19th centuries, this area was slowly taken over by the European colonial powers, starting with the arrival of the Portuguese at Malacca in 1509. The initial authority of the Portuguese was confronted during the 17th century by the Dutch, who came to be in command of most of the ports in the state. In 1818, Sir Stamford Raffles was selected as the Lieutenant Governor of the British colony at Bencoolen He later moved on to capture Singapore from the Dutch. Thanks to him, Modern Singapore came into existence in the 19th century.

During the Second World War, Singapore was captured by the Japanese. When the war ended, Singapore went back to being a British colony with increased autonomy. In 1959, the intensification of nationalism gave way to sovereignty, and the country’s first ever general elections were held. The People’s Action Party (PAP) won with an overwhelming majority of 43 seats, and Lee Kuan Yew became the first Prime Minister of Singapore. In 1963, Singapore was merged with Malaya, Sarawak and Sabah to form Malaysia. This was done to promote prosperity and strength. However, it did not bode well with Singapore and therefore, it separated and got its got independence from Malaysia on August 9, 1965 to become a self-governing state.

In 1990, Goh Chok Tong took over Lee Kuan Yew’s place in the government and became the second prime minister of Singapore. Goh presented a more open and liberal style of leadership as the country paved its way to increased modernization and development.

After facing increased economic crises with high rates of unemployment and a housing problem, Singapore started on a journey of reconstruction and restoration. This program began in the late 1960s and followed through the 1970s. Singapore’s major focus was on setting up a manufacturing industry with proper mechanization, building big public housing estates and spending revenues generated from taxes on public education. Since its independence, Singapore’s economy has matured growing at an average of nine percent annually.

By 1990, the country emerged as being one of the world most flourishing states with the theories of free market governing the economy and one the highest gross domestic product per capita in all of the Asia. Lee’s programs in Singapore had a deep effect on the Communist leadership in China, who made great efforts to replicate his policies of economic prosperity, entrepreneurship, and containment of aggression, especially during the tenure of Deng Xiaoping. Over 22,000 Chinese executives were sent to Singapore to study its system and policies.