heading into a period of retirement. As this trend continues to persist‚ Singapore will face a major challenge in overcoming the problems posed by an aging population. An aging population is expected to have a negative impact on Singapore’s economy‚ community as well as the labor force. If the labor force continues to decline relative to the overall population‚ this will hinder economic development. Therefore‚ the Singapore government has introduced various schemes to enhance employability of the
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Overview of Aging Population in Singapore Populations in many developed countries are ageing‚ and Singapore is no exception. The first batch of post-war baby boomers will reach 65 years of age by 2012. The number of seniors will increase from 8.4% in 2005 to 18.7% in 2030 (refer to Table 1). According to the 2010 Population Report‚ The proportion of residents (i.e. citizens and PRs) aged 65 and above increased from 7.0% of the resident population in 1999 to 8.8% in 2009. Correspondingly‚ the
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Diamond Industry. De Beers. In the beginning of 1870s‚ the Afrikaner brothers‚ J. N. de Beer and D. A. de Beer discovered diamonds on their farm and unable to deal with the effort of protecting the farm from the diamond seekers‚ they sold the land to the diamond traders. Today‚ the name De Beers represents the world’s largest diamond company‚ which has a presence in 25 countries. The powerful and productive epoch of diamonds began with the establishment of this company. Who knows what role a
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Since its official formation dating back to 1947‚ Singapore Airlines have founded its business on world-class service quality in the airline industry. Such a reputation is built on core aspects of the airlines service delivery which includes features like the friendly service‚ prompt flights and in-flight entertainment system. As consumers‚ we only see these final outcomes and therefore‚ often forget that these qualities are a product of much planning‚ trial and of course - teamwork. The efficient
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What were the Contributions of the Immigrants? The immigrants made four important contributions to Singapore. Firstly‚ the Immigrants contributed in the building up of settlement. Secondly‚ it was the promoting of trade. Thirdly‚ they worked for the government. And finally‚ they served the community (Provided social services). The first contribution the immigrants made was building the settlement. The Chinese coolies and Indian labourers cleared the jungles making land available for expansion
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PEST analysis Competitive Forces P.C. Industry Attractiveness S C.C. S.P. B (threats & opportunities) Value Chain: activities & linkages F.I. T.D. HH.RR. PR. Value System (linkages): other SBUs (synergies) & suppliers buyers’ value chains Strategy formulation‚ at three levels: C–B–F Company’s Competitive Position (Resourcebased View): cost advantage or uniqueness (strengths & weaknesses) I.L. OP. O.L. M&S A-S.S. STRATEGY ELEMENTS LEVELS BUSINESS SCOPE RESOURCES
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and special interest tourism‚ and how the individual will affect and impact the tourism industry. The scope of the essay will be focused on individual motivation‚ the economic gains and losses‚ and the tourism’s culture impact through the study of Singapore. Through the case study‚ a conclusion for against or for Mass tourism to stay will be discussed. 1. Impact of Mass Tourism According to Yalcn Kuvan (2010)‚ with the growth of mass tourism‚ wide ranges of socio-cultural and environmental problems
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Introduction Singapore Airlines was founded in the year 1947 as the Malayan Airways Limited (MAL) during the British invasion at the Tanah Melayu. After the events Independence in 1957‚ the Malayan Airways Limited has changed its name to Malayan Singapore Airlines (MSA). However‚ the company name should be changed again as a result of the separation of Singapore from Malaysia in 1965. This company was separated in two different entities which are the Malaysian Airlines (MAS) and the Singapore Airlines
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Why there is a need to increase population in Singapore? As‚ we all know‚ Singapore is becoming an ageing population soon. So‚ a shrinking and ageing population means younger workforce‚ and a less vibrant and innovative economy. With slower business activity and employment opportunities‚ it will become more difficult to match the higher aspirations of a better educated and mobile Singaporean population. This may hollow out our population and workforce and worsen our ratio of younger to older
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FOCUS 13—24 Young consumers in Singapore Wang Hongjun‚ a young consumer and youth researcher‚ provides an insight into youth lifestyles in Singapore YOUNG CONSUMERS tend to be more experiential and receptive to new products and images. They like to discover new ‘cool’ products for themselves and are constantly on the lookout for new trends and brands. This target demographic‚ more so than any other‚ is tremendously viral and connected. Young consumers are always on the lookout for fun and
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