Bank for Reconstruction and Development. .... Apple's iPhone and Android ... âRecognising that talent is an important
Overview
Singapore Overview. (2015, October). Retrieved November 25, 2015, from http://www.worldbank.org/en/country/singapore/overview
Singapore’s economy is considered high-income. The gross national income is $55,150 per capita.
Overview
Partnership/Infrastructure
From the time of independence through the 1980s, Singapore established itself as a leader in manufacturing. Today, thanks in part to its rapid industrialization, Singapore’s “twin pillars of its economy” are manufacturing and the services sector.
On August 3rd, 1966, Singapore joined the International Bank for Reconstruction and Development. From 19631975, Singapore received 14 loans from the World Bank which mostly went to support infrastructural improvements including water interconnection, port expansion, sewage, power, and telecommunications.
Overview - Founding and Independence
Central Intelligence Agency. Retrieved November 25, 2015, from https://www.cia.gov/library/publications/the-world-factbook/geos/sn.html
Singapore gained its independence August 9th, 1965 having initially been founded as a British trading colony in 1819.
Overview - Prosperous
It is among the world’s most prosperous countries due in part to its role in international trading. Its port is one of the busiest in the world.
Overview - Geography
Singapore is an island nation located in Southeast Asia between Malaysia and Indonesia. It is approximately 3.5 times larger than Washington, DC.
*Deep ports
Natural Resources
Environmental Concerns
● 1% of Singapore’s land is agricultural ● 3.3% is forest ● Besides fish, few other natural resources
Singapore is densely populated. As such, issues related to urbanization affect its populous: overcrowding, waste management, limited freshwater
People and Society
Government
Residents are called Singaporeans. There are four official languages: Mandarin (36.6%), English (29.8%). Malay (11.9%), and Tamil (4.4%) ● Ethnic Groups: ○ ○ ○ ○
74.2% Chinese 13.3% Malay 9.2% Indian 3.3% other
Population = 5,674,472; 100% of the population lives in an Urban environment.
Three branch, democratic government. The president is elected by a simple majority of the popular vote to serve a single 6 year term.
Economy
Exports
Exports are the backbone of Singapore’s successful economy. Exports include: “Singapore has a highly developed and successful freemarket economy.” There exists little corruption, unemployment is low, and the per capita GDP is above that of many developed countries.
● ● ● ● ● ● ●
consumer electronics information technology products medical and optical devices pharmaceuticals transportation services business services financial services
Singapore is considered Southeast Asia’s high-tech hub
Transportation
The Singapore exception. (2015). Retrieved November 25, 2015, from http://www.economist.com/news/special-report/21657606-continue-flouri sh-its-second-half-century-south-east-asias-miracle-city-state
Singapore has 9 airports.
Anecdotes
Overview/Founding
Singapore’s leaders consider the country to be an “exceptional” place.
After gaining its independence, Singapore formed a federation with its neighbor Malaysia that only last two years. It’s founding as an independent nation was unlikely, and considered accidental by some. Comprised of an ethnically diverse population, its ability to establish its own national identity in its 50 year history is itself an unlikely success story.
Government
Education
Singapore is called by some, democracy-lite, in that it’s single party democracy has faced little opposition in its history.
Singapore has a highly educated population.
Jim Rogers - Background
Expat Investor Jim Rogers on Why He Loves Singapore And Doesn’t Miss the U. S. Retrieved November 25, 2015, from http://blogs.wsj.com/expat/2015/05/12/investor-expat-jim-rogers-on-whyhe-loves-singapore-and-doesnt-miss-the-u-s/
Jim Rogers moved from New York to Singapore in 2007 so his daughters would grow up speaking Mandarin Chinese
Jim Rogers - On Education
Jim Rogers is impressed with level of education his daughters have received. His daughters attend a Singaporean school - not an international school.
GDP per capita (current US$). Retrieved November 26, 2015, from https://www.google.com/publicdata/explore?ds=d5bncppjof8f9_&met_y= ny_gdp_pcap_cd&idim=country:sgp:aus:hkg&hl=en&dl=en#!ctype=l&strail =false&bcs=d&nselm=h&met_y=ny_gdp_pcap_cd&scale_y=lin&ind_y=false &rdim=region&idim=country:sgp&ifdim=region&hl=en_us&dl=en&ind=fal se
GDP per capita 1965-2014 (current US$)
Sykes, H., & Yinug, F. (2006). Industry & Trade Summary: Semiconductor Manufacturing Equipment (p. 24, Rep. No. 3868).
Semiconductor Chip Manufacturing: pg. 24
Semiconductors: pg. 24
Semiconductor chip manufacturing plants emerged in Singapore starting in the early 2000s.
In 2004, 80% of the world’s largest semiconductor foundries were located in Asia. Government incentives and inexpensive yet skilled labor contributed to Singapore being a optimal place for such an industry.
Semiconductors: pg. 24
Semiconductor consumer demand increased as demand for personal electronics grew. Singapore’s GDP per capita growth mirrors that of the demand for mobile devices. Apple’s iPhone and Android devices require semiconductor and electronic manufacturing.
Industries - Electronics. Retrieved November 26, 2015, from https://www.edb.gov.sg/content/edb/en/industries/industries/electronics. html
Electronic Devices
Electronics Industry - Underpins Economy
Some part of almost every electronic device today was either designed or manufactured in Singapore.
“Electronics is the major industry underpinning Singapore's economic growth, and it contributed 29% of the total manufacturing value-add in 2013. Of the S$11.8 billion in fixed asset investments EDB secured in 2014, electronics accounted for 14% of the total investments.“
Semiconductors
Talent Development
“Nine of the world's top fifteen fabless semiconductor companies, and close to thirty IC design centres.”
“Recognising that talent is an important driver of economic growth, we have put in place a comprehensive set of capability development schemes to address the electronics industry's talent needs. In 2010, EDB and the Nanyang Technological University ("NTU") officially opened VIRTUS, a new IC Design Centre of Excellence. VIRTUS trains postgraduate students in analogue and mixed signal IC design, and develops key technologies in new growth areas such as low power management and energy harvesting. In addition, EDB has been actively co-funding scholarships for undergraduate and postgraduate electronics studies in specialisations such as wafer fabrication and IC design.”
