Setting up Business in Singapore Singapore‚ the Lion City‚ is one of the five busiest ports in the world and has the fastest-growing economy in the world as of the year 2010. Ever since the country’s early days as a British trading post‚ traders all around the world had been setting up businesses and had been successful even since then. Singapore as we know it today is still one of the best places to start and establish companies or businesses. Considering that‚ many entrepreneurs would love to
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The British Military Administration‚ or simply BMA‚ was the governing authority in Singapore after Japanese surrendered (1945-1947). Immediately after the war‚ many issues arose‚ such as the lack of food‚ poor sanitation‚ and the people’s lack of money. The BMA was only ‘successful’ when it resolved or reduced many of these issues. I believe the BMA is ‘unsuccessful’. Firstly‚ the people of Singapore possessed no money to purchase their needs. Immediately after the war‚ the Japanese currency of
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singapore 2013 Cost of Living in Singapore in 2013 (http://www.gatewaysingapore.com/2012/06/cost-of-living-in-singapore/#lightbox/0/) The cost of living in Singapore has been highlighted as one of the highest in the world today. The high costs are largely attributable to the large influx of foreign skilled workers and foreign direct investment into Singapore. Infrastructure‚ education and technology in Singapore are world-class her so you get much in return for the high cost. High Cost of Living
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Singapore Corporate Tax Guide Singapore is often cited as the leading example of countries that continues to reduce corporate income tax rates and introduce various tax incentives to attract and keep global investments. Singapore has a single-tier territorial based flat-rate corporate income tax system. Effective tax rates as one of the lowest in the world and the general “business friendliness” of Singapore are the two important factors contributing to the economic growth and foreign investment
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How important is it for Singapore to possess a national identity? Introduction Singapore’s possession of a National Identity has long sparked nationwide discussion and is still one of the most widely debated about topics in Singapore. National identity is the sense of belonging and cohesive whole in a nation. While the importance of a national identity can be restricted since Singapore comprises a large percentage of immigrants‚ a national identity gives Singaporeans a sense of rootedness‚ preserves
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Question 3 1.0 INTRODUCTION It is undeniable that the service sector in Singapore‚ predominantly the businesses specializing in Accommodation & Food Services‚ Information & Communications‚ Business Services Recreation‚ Community & Personal Services; is the heart of Singapore’s economy (Singapore Department of Statistics 2013). This ‘‘verity’’ is perpetuated by the high value adding quality of the industry as well as the high job creation turnover to the Singaporean economy. These insights seemed
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practices on diverse national systems of labor legislations?(Royle‚ Towers 2002) This essay shall discuss about the similarities and differences between work and employment relations in the fast food industries. The country that will be discussed is Singapore‚ Germany and the United States. The discussion shall first begin with information about the fast food industry after which‚ I shall explore the similarities and also the differences between the work and employment relations of the three countries
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Financial Accounting Depreciation at Delta Airlines & Singapore Airlines (Solution to Case #2) 24th November‚ 2009 1. Calculate the annual depreciation expense that Delta and Singapore would record for each $100 gross value of aircraft. a. Delta: i. Prior to July 1‚ 1986 the Delta airline assets were depreciated using Straight Line Method at 10% for 10 years for a salvage value of 10%. Depreciation Expense = (Cost of Asset – Salvage Value) / number of year
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ECONOMICS ASSIGNMENT Singapore Economy (2004 to 2013) CONTENTS 1. Introduction……………………………………………………….2 2. Production Output Performance Analysis…………………..4 3. Labour Market Analysis………………..………………………..8 4. Price Level Analysis…………………………………………….10 5. Conclusion……………………………………………………….12 1. Introduction Singapore has a highly developed and free-market economy that thrives on an open and corruption-free environment. It is touted
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Introduction Singapore has consistently been rated highly as one of the cities with productive and skilled labour force by organisations such as Business Environment Risk Intelligence (BERI). (Singapore Economic Development Board‚ 2016) To achieve this‚ our labour relations have undergone several transformation to its industrial relations to maintain the stable workforce we have today. As the world continues to thrive in technology advancement‚ there is a need to address the challenges faced in
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