Developments in Singapore‚ 2011). Inflation leads to a rise in the general price level hence money loses its value (Haikal‚ 2005). Consumers cannot buy as much as they could previously‚ thus consumer spending will fall‚ and companies will lower production as demands for goods and services decrease. In addition‚ there is growing uncertainties in the global economy‚ which undesirably affects the GDP growth in Singapore. With a highly developed and successful free-market economy‚ Singapore depends heavily
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Table of Contents 1 INTRODUCTION 2 2 ANALYSIS 3 2.1 LEGAL ASPECT 4 2.2 ORGANISATION SUPPORT 4 2.3 REAL WORLD VS SHELTERED WORLD 5 2.4 TRANSITION ISSUES 5 2.5 WAGES………………………………………………………………………………....…6 3 CONCLUSION 6 1 INTRODUCTION The number of people with disabilities rises every day and one of main factor steers to the fact that the survival rate from accidents are higher with more advanced medical technology nowadays. This contributes to the rising percentage of People
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A Dynamic Game of Risk Control: A New Perspective on Singapore’s National Integrity System By Tan Tay Keong Corruption Control in Singapore During the country’s formative years in the 1950s and 1960s‚ corruption was rampant in Singapore. Syndicated corruption was rampant among police officers‚ public health inspectors‚ customs officials‚ and school administrators. Corruption was a way of life in the city during the British colonial rule and the Japanese occupation. In his Annual
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Country Report: Singapore Singapore Background Singapore is a wealthy island country‚ located in Southeast Asia on the southern tip of the Malay Peninsula. Founded as a British trading colony in 1819‚ Singapore has become one of the most prosperous countries due to its strong international trading links. The inhabitants of Singapore enjoy one of the highest standards of living in the world‚ with per capita GDP equal to that of the leading countries in Western Europe. (Singapore Profile‚ Overview)
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CULTURAL POLICY IN SINGAPORE: NEGOTIATING ECONOMIC AND SOCIO-CULTURAL AGENDAS1 Lily Kong Associate Professor Department of Geography National University of Singapore Kent Ridge Singapore 119260 Email: lilykong@nus.edu.sg Fax: 65-7773091 Geoforum For Special Issue on “Culture‚ Economy‚ Policy” 2000 This paper was written while I was Visiting Fellow at the Institute of Oriental Culture‚ Tokyo University. I would like to record thanks to Assoc Prof Tong Chee Kiong for facilitating my
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15th 1942‚ at the Ford Factory in Singapore‚ is considered to be one of the greatest defeats in history for Britain during World War Two. Due to Singapore’s strategic position‚ the attack had a massive affect on Australia’s immediate security‚ as it was now possible for the Japanese to move down from Singapore into Australia. Also more than 100‚000 troops became prisoners of war‚ affecting many of the family’s back home. The strategic importance of Singapore Singapore was considered the fortress for
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International Business Singapore Culture and Values of Singapore Jake Pimm Fall Semester 2009 INBU 4300-001 Dr. Lymberopoulos Introduction ___________________________________________________ Singapore is a Republic with a mulit-racial population of over 4 million people. It is an attractive place to do business for different reasons such as its considerable international trading‚ an international business center with its large number of multi-national companies‚ and
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paper‚ our analysis is based on an article from The Straits Times dated 25th February 2008‚ entitled “January inflation may be as high as in 70s oil crisis”. Literature In this paper‚ our main objective is to explain the inflation process that is ongoing in Singapore today and our views on how the Singapore government can effectively tackle this situation. The proposed solution is derived by comparing and analyzing the various methodologies used to control inflation. The analysis done in this
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AGREEMENT The existence of the contract depends on whether or not there was an agreement between the parties. The parties must be at consensus ad idem for the agreement to be valid. OFFER An offer is an expression made by the offeror to the offeree communicating the offeror’s willingness to perform a promise. Unilateral Contracts Case: Carlill v Carbolic Smoke Ball Co (1892) States that a unilateral contract brought into existence by the act of one party in response to a conditional
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argue that Singapore will always be a nation in the making. Although Singapore’s nation building efforts have been successful‚ there is still a continual need for nation building efforts to persist as Singapore is a vulnerable migrant society‚ aptly illustrated as “an 80-storey building standing on marshy land” by Lee Kuan Yew. This reveals continual nation-building is critical for Singapore as it ensures her survival amidst vulnerabilities. What defines “a nation in the making”? Singapore will always
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