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By: Doug Baird-Miller. Founded as a British trading colony in 1819. One of the world's most prosperous countries. Strong international trading.

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Presentation on theme: "By: Doug Baird-Miller. Founded as a British trading colony in 1819. One of the world's most prosperous countries. Strong international trading."— Presentation transcript:

1 By: Doug Baird-Miller

2 Founded as a British trading colony in 1819. One of the world's most prosperous countries. Strong international trading.

3 Main religions: Buddhism, Christianity and Islam. Seafood: crabs, clams, squid, and oysters. High context culture: nonverbal signs and indirect suggestions. Business is very formal.

4 Four national languages: Mandarin, Malay, Tamil and English. English is the language of choice for business.

5 Singapore Dollar Exchange rate: 1 Singapore dollar = 0.8181 US dollars.

6 Market Economy Unemployment rate: 2% Capitalism

7 Electronics, chemicals, financial services. Oil drilling equipment, petroleum refining, rubber processing and rubber products. Processed food and beverages. Ship repair, offshore platform construction, life sciences. Entrepot trade.

8 Exports: Machinery and equipment (including electronics and telecommunications). Pharmaceuticals and other chemicals, refined petroleum products. Imports: Machinery and equipment, mineral fuels, chemicals, foodstuffs, consumer goods.

9 Import partners: Malaysia 10.7%, US 10.7%, China 10.4%, Japan 7.2% South Korea 5.9%, Taiwan 5.9% Export partners: Malaysia 12.2%, Hong Kong 11%, China 10.4% Indonesia 10.4%, US 5.4%, Japan 4.5%


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