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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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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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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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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characteristics of trade union in Singapore which will include a brief history. I will also give my opinion of Michael D. Barr’s article if Singapore is a trade union. Secondly‚ I will continue my writing with the characteristic of trade union in China including a brief history‚ and my opinion of Taylor and Qi Li’s articles if china is a trade union. Lastly‚ I will conclude the essay by comparing and contrasting these two trade unions. Trade Union in Singapore In 1961‚ the non-communist party National
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Thereafter‚ recommendations would be provided‚ in attempts to correct any existing or identified issues‚ such that SIA would be able to boast higher profit margin and substantial growth within the next few years. The History of the Singapore Airline (SIA) The history of SIA is traced starting from 1 May 1947 where the Malayan Airways Limited (MAL) is under the twin-engine Airspeed consul scheduled service. The main route were from Kallang Airport to 3 states of Malaysia‚ namely Kuala
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developments found within Singapore society may vary from different trends technical‚ social‚ global or even with the increasing of other high technological tools. The possibility of people being connecting and communicating by mobile devices‚ work being done by robots instead of human beings and digital books replacing real books. In the near future‚ globalization will continue with more and more people moving over to other parts of the world. The population of Singapore will have more retirees
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Payoh Tampines Central 7 Bedok 175 Lorong 1 Geylang 14 Bedok 16 Bedok via Singapore Indoor Stadium Singapore Indoor Stadium Sri Srinivasa Perumal Temple Newton Food Centre LITTLE INDIA NS21 Newton EW11 Lavender KALLANG RD NE8 Mustafa Centre Farrer Park Changi Airport 36 Loop JALAN BESAR SERANGOON RD Sri Veerama Kaliamman Temple 171 KG GLAM 190 162 Singapore Visitors Centre 143 700 167 Tekka Centre NE7 700A Little India
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