Singapore, or officially the Republic of Singapore, is an island country located 137 kilometers wide at the equator at the southern tip of the Malay Peninsula. It is one of several urban areas bordered by Malaysia's Dzhohar to the north and Indonesia's Riau Islands to the south.
The capital is Singapore and according to 2017 figures, the population is 5.5 million. The country's facial features are 181 thousand square kilometers and its currency is the Singapore dollar. The languages spoken in the country are English, traditional, Malay and Tamil.
Singapore has a highly developed free market economy. Additionally, the APEC (Asia-Pacific Economic Cooperation) secretariat, headquartered in Singapore, groups groups as key support groups for APEC processes.
Established as a separate state in 1965, Singapore has an economy based on electrical product assembly, oil refinery and shipbuilding facilities, and has taken important steps in nurturing its long-term plans and policies. Meanwhile, the region has become an important financial and trade center and examples of developed countries have been reached.
With the first semiconductor factory established in 1967, significant developments in oil refineries in the late 1960s and early 1970s, and the start of the first computer disk drive production in 1980, Singapore became the world's largest producer in this field. The developments of the petrochemical industry, the development of some new sectors, especially pharmaceutical products in the 1980s, the increase in production, and the re-establishment of electronics as the dominant sector in the 1990s point to important turning points in the economic development of the country. Despite some difficulties experienced especially in 2001 and 2003, the rapid growth in the manufacturing industry is remarkable.
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The capital is Singapore and according to 2017 figures, the population is 5.5 million. The country's facial features are 181 thousand square kilometers and its currency is the Singapore dollar. The languages spoken in the country are English, traditional, Malay and Tamil.
Singapore has a highly developed free market economy. Additionally, the APEC (Asia-Pacific Economic Cooperation) secretariat, headquartered in Singapore, groups groups as key support groups for APEC processes.
Established as a separate state in 1965, Singapore has an economy based on electrical product assembly, oil refinery and shipbuilding facilities, and has taken important steps in nurturing its long-term plans and policies. Meanwhile, the region has become an important financial and trade center and examples of developed countries have been reached.
With the first semiconductor factory established in 1967, significant developments in oil refineries in the late 1960s and early 1970s, and the start of the first computer disk drive production in 1980, Singapore became the world's largest producer in this field. The developments of the petrochemical industry, the development of some new sectors, especially pharmaceutical products in the 1980s, the increase in production, and the re-establishment of electronics as the dominant sector in the 1990s point to important turning points in the economic development of the country. Despite some difficulties experienced especially in 2001 and 2003, the rapid growth in the manufacturing industry is remarkable.