2007 was strong economic growth for the global economy. This was due to tight global refining capacity and continued strong demand for energy to fuel economic growth especially from China‚ India‚ the Middle East and Russia. Singapore Petroleum Co Ltd (SPC) is a Singapore-based company. The principal activities of the Company consist of exploring‚ developing and producing oil and gas‚ petroleum refining‚ marketing‚ distribution and trading of crude oil and petroleum products and the provision of
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culture. Singapore was an important trading center and port as early as the seventh century. By the fourteenth century Chinese immigrants had established a small community on the island‚ and the name Singapura‚ a word of Sanskrit origin meaning Lion City‚ was in common use. After Portugal wrested control of the region from Malaccan and Malay rulers in the sixteenth and early seventeenth centuries‚ Singapore fell into obscurity. Modern Singapore dated from the discovery
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Singapore Withholding Tax Withholding Tax is a form of levy placed on payments made to non-resident tax entities including employees‚ business partners and overseas agents. In accordance with IRAS tax rules‚ a person has a legal obligation to withhold a percentage of the payment‚ when he makes payments of a specified nature under the Singapore Income Tax Act‚ to a non-resident‚ and hence the Withholding Tax. What is Singapore Withholding Tax? For tax purposes in Singapore‚ Inland Revenue Authority
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After Independence in 1965‚ the population of the country was growing at a rate that would seriously threaten the success of Singapore. The Government introduced the "Stop at two" policy to help control the rapid population growth. It was introduced in 1969. The policy had a very successful response; in fact‚ it was so successful that the population started to decline. Couples saw the benefits in having a smaller family‚ such as more money‚ higher quality of life and cars. The population increase
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Singapore Independent of the stage of economic development‚ entrepreneurship plays a significant role for the expansion‚ job creation and overall economic health within a country.In general‚Entrepreneurship embodies three stages and they involve the following 6 cases: Intent to start a business in 3 years Total Early-Stage Entrepreneurial Activity (TEA) Nascent Entrepreneurs New firm entrepreneurs Established Businesses Business Exit As far as I’m concerned‚we can analyse the global entrepreneurial
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Apple Fever In Singapore Introduction Singapore which is situated in SEA(South East Asia) has posses a high consumer of electronic devices. Apple is company that products Mac devices‚ products include IPOD‚ ITouch‚ Mac Book‚ Peripherals and IPad. The company is concentrate on selling products physical products. Apple also has international the business and globalize the market share of the company. Apple also has product that consisit of iTunes and App Store. App Store which provide application
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Introduction “Singapore Airlines is a global company dedicated to providing air transportation services of the highest quality and to maximizing returns for the benefit of its shareholders and employees.” Singapore Airlines’ Mission Statement The company has come a long way since its foundation in 1972 (Singapore Airlines [SIA]‚ 2014a). It grew from a regional airline to one of the most recognized carriers in the world. In 2006‚ with its icon‚ Singapore Girl‚ and its premium class offer‚ Singapore Airlines
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SINGAPORE INTERNATIONAL AIRLINES Air travel remains a large and growing industry. Despite being plagued by several factors such as overcapacity‚ commoditization of offerings and cutthroat rivalry to name a few‚ it facilitates economic growth‚ world trade‚ international investment and tourism. This case study will analyze the external factors affecting the airline industry‚ analyze the internal factors affecting Singapore International Airlines (SIA) and critically discuss the different generic
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union membership in Singapore and to provide suggestions on how to increase its appeal to the young people‚ the Generation Y‚ in the workforce. Generation Y refers to babies born after the year 1980 (Kuijsters‚ n.d.) The report will have an introduction of union in Singapore‚National Trade Union Congress (NTUC)‚ and analyse the existing strategies and positive aspects thathave been implemented to improve the union membership especially for the Generation Y. About Unions in Singapore NTUC isa central
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Rule of Law in Singapore Rule of Law: An independent judiciary‚ one that is independent of government and not dependent on it or subservient to it. Unless the public accepts that the judiciary are independent‚ they will have no confidence in the honesty and fairness of the decision in courts. This independence is exemplified in the judicial oath. The independence of the judiciary will ensure that no one is above the law and the law is applied equally to all. Judiciary has the responsibility
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