International Marketing 560 Economic Environment of Singapore Laura L. Erwin-Hall October 12‚ 2007 "Home to some 4.48 million people (based on the last census in 2005 reported in 2006)‚ Singapore is the fourth most densely populated country in the world and has one of the highest per capita gross domestic products in the world."1 The employment rate is 2.40 million (June 2006)‚ with unemployment at an all-time low at only 2.5 percent. The labor force consists of mainly manufacturing
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Singapore Population: 5.8 million Time Zone: UTC+8 Dialing code: +65 Currency: Singapore Dollar Watch. Plan. Travel. In order to see more and do more in Singapore‚ we highly recommend two unique cards that will help you enjoy the best attractions and‚ on top of that‚ stay within your budget. The Singapore City Pass will allow you free entry to the city’s best attractions. The Singapore Pass will help you enjoy a bundle of tours and attractions for your whole family. Check out both of these
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Introduction- The largest sporting event in Singapore‚ Formula 1 Singapore Grand Prix‚ and official name called the Formula 1 Singtel Singapore Grand Prix. It was announced that the telecommunications company Singtel would sponsor the event in November 2007. After signing a five-year deal‚ it will be set the first ever night race Singapore’s Marina Bay street circuit and also be Asia’s first F1 street race in 2008. In one of the sport’s most striking settings‚ the street circuit snakes through the
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which the positives of globalisation have far outweighed the negatives is Singapore. Without the global market‚ an economy that is substantially export-orientated such as Singapore would not be able to function. The global market plays a vital role in the economic development strategies that Singapore implements. Globalisation plays a major role in the concerns all over the world‚ and this is clearly shown in Singapore. Singapore is a small‚ densely populated country situated in South-east Asia. The
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Strategic Locations Proctor & Gamble took time in deciding where to locate both their regional headquarters and the perfume plant in Singapore. P&G decided to place the perfume plant along the coastal part of the country in Tuas‚ Singapore (Moneycontrol.com‚ 2008). The plant operates on a just in time process. The plant receives raw materials only as they need it and send out supplies to the main manufacturing plants to be used in the products only as they need it. By being along the coast it is
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business interactions include: • “When entering the meeting environment‚ let a senior member lead‚ followed by the next senior member‚ and so on. This follows local custom and allows your hosts to keep tabs on who ’s who. Hierarchy reigns. The Singapore team will sit facing the visiting party‚ with persons of equal rank sitting opposite each other” (Worldroom‚ para. 6) • “Always wait to be told where to sit. There is a strict hierarchy that must be followed” (Kwintessential‚ Business Etiquette
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Introduction Since Singapore gained its independence in 1965‚ its economy had progressed due to globalization‚ rapid technological advances and the rise of China and India. With these different stages of development‚ Singapore’s labor market had adapted itself by transforming from a labor abundant and capital limited city into a labor deficient and capital rich country (Chia 2005). Singapore is now a popular export-manufacturing base‚ regional headquarter for foreign multinational company and
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the Number One Airline in Asia by 2015. To deliver distinguished service to both business and leisure travellers who value Our Mission comfort and personalised service. With To be a Consistently Profitable Airline. Malaysian Hospitality in mind‚ at Malaysia Airlines‚ we make our guests feel welcome and special‚ enabling them to enjoy a consistently comfortable and comforting travel experience. Non-stop MH. This is Malaysian Hospitality. Malaysia Airlines welcomed its first
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Description of the campaign: The Fall of Singapore is considered to be one of Britain’s worst defeats in the World War II. It occurred on 15 February 1942 and marked a dramatic victory for the Japanese. It displayed the immense power of Japan and the threat they had upon many countries in the world. This battle involved both savage methods and ended with the atomic bombing on Hiroshima in August 1945. Following the Japanese attack on Pearl Harbor‚ Japan was able to pursue their other military
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Alaska Airlines ran its business satisfied with complacency and dependent on customer loyalty and goodwill (Avolio‚ Patterson‚ & Baker‚ 2015). While Alaska Airlines was thinking the business could sustain this practice‚ many changes were occurring that would have a ripple effect and adversely affect the airline (Avolio‚ et al.‚ 2015). One executive stated it started as far back to 1999 when the airline was succeeding despite themselves due to fortuitous fuel costs and a good economy” (Avolio
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