MAN 6608 International Business

Group: Singapore

Week 2: Country Analysis Summative Project Part 2

Singapore

Founded: February

6th 1819

Population: 5,183,700 GDP Total: $314 B Currency: Singapore Dollar

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA

MAN 6608 International Business

Group: Singapore

Week 2: Country Analysis Summative Project Part 2

Overview
For this weeks country analysis assignment, you will be gathering general information and basic statistics about your country and its population, as well as the nature of the economy. Complete and submit this assignment by the end of day Sunday of Week 2.

Directions
Complete the following tasks: 1. Find 5 websites providing information about your country; summarize the type of material that is available on each website. a. Website: http://www.gov.sg/government/web/content/govsg/classic/home b. This website contains a vast amount of up-to-date info relative to Singapore. This is a great tool to obtain info relative to: Elections, Calendars of Events, News, Citizenship, and Government related issues. Relative to this sites access to news, there are articles as current as today which mentions their continued efforts to improve construction productivity.

c.

d. Website: http://www.yoursingapore.com/content/traveller/en/experience.html e. This site is a wonderful aid for travel needs within Singapore. This site mentions the vast amount of activities to do while in Singapore, restaurants, shopping malls, accommodations, flights, and even assists with planning your trip to Singapore. The site

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA

MAN 6608 International Business

Group: Singapore

Week 2: Country Analysis Summative Project Part 2

event offers a mobile app to assist with managing and monitoring your travel arrangements.

f.

g. Website: http://www.singstat.gov.sg/ h. SingStat is the official website for all of Singapores statistical data needs and requirements. This site contains all the analytical needs for Singapore including economic growth, domestic exports, life expectancy, foreign equity investment, and much more.

i.

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA

MAN 6608 International Business

Group: Singapore

Week 2: Country Analysis Summative Project Part 2

j.

Website: http://www.changiairport.com/

k. This site is the main site for Singapores airport Chang. This site provides all the essential info needed to travel to/from Singapore including arrival and departure times, luggage guidelines, airport maps, transportation to/from the airport, and a variety of additional important information needed for your trip to Singapore.

l.

m. Website: http://www.singapore-business.com/ n. This site Singapore Business, aids viewers with tactics, rules, and the know-how for conducting business in Singapore. They can assist new companies with their business start-ups including government funds/grants, as well as, the industry standards. Although this site is many of others, this site is designed to assist the foreign business owner with their endeavors in this region.

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA

MAN 6608 International Business

Group: Singapore

Week 2: Country Analysis Summative Project Part 2

o. 2. Describe demographics in your country: a. Population: # of People, Rural/Urban, Ethnic Groups, Age Groups:

i. Population: 5,183,700 (2011) Ethnic Composition (%) of Resident Population 1970 1980 1990 2000 77 78.3 77.7 76.8 14.8 14.4 14.1 13.9 7 6.3 7.1 7.9 1.2 1 1.1 1.4 Percentage 15.60% 76.10% 8.30% Male 362,329 1,666,709 165,823 Female 337,964 1,750,736 208,589

Ethnic Chinese Malays Indians Others

2010 74.1 13.4 9.2 3.3

Age 014 years 1564 years 65 years and over

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA

MAN 6608 International Business

Group: Singapore

Week 2: Country Analysis Summative Project Part 2

b. Language (s) i. English ii. Malay iii. Chinese iv. Tamil c. Income per Capita; Income Distribution i. The GDP per capita in Singapore was last reported at 32538 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in Singapore standed at 28932 US dollars in December of 2009. The GDP per capita in Singapore is obtained by dividing the countrys gross domestic product, adjusted by inflation, by the total population. Historically, from 1960 until 2010, Singapore's average GDP Per Capita was 13522.75 dollars reaching an historical

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA

MAN 6608 International Business

Group: Singapore

Week 2: Country Analysis Summative Project Part 2

high of 32537.76 dollars in December of 2010 and a record low of 2251.28 dollars in December of 1960. This page includes a chart with historical data for Singapore's GDP Per Capita. Trading Economics

ii.

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA

MAN 6608 International Business

Group: Singapore

Week 2: Country Analysis Summative Project Part 2

iii. d. Nature of Economy: agricultural, industrial, products/services, export-based, amount of international trade and FDI, products/services traded. i. Per Wikipedia, The economy depends heavily on the industry and service sectors. Singapore is a world leader in several areas: It is the world's fourthleading financial centre, the world's second-biggest casino gambling market, and the world's third-largest oil refining centre. It is an Industry based country. Major exports machinery and equipment, mineral fuels, chemicals, foodstuffs, consumer goods. FDI figure: $298.7 billion (31 December 2010 approximately). Malaysia was Singapore's main import source, as well as its largest export market, absorbing 18% of Singapore's exports, with the United States close behind. Singapore is the 14th largest exporter and the 15th largest importer in the world. Historically, international trade has strongly influenced the economy. According to the WTO, Singapore has the highest trade to GDP ratio in the world at 407.9 percent. Exports figure (2010): US$351.2 billion. Imports figure (2010): US$310.4 billion.

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA

MAN 6608 International Business

Group: Singapore

Week 2: Country Analysis Summative Project Part 2

e. Type of Political Structure: open/closed, stable, representative. i. The politics of Singapore takes the form of a parliamentary representative democratic republic whereby the President of Singapore is the head of state, the Prime Minister of Singapore is the head of government, and of a multi-party system. The cabinet forms the executive of the government and it is answerable to parliament. It consists of sitting members of parliament and is headed by a prime minister, the head of government. The current prime minister is Lee Hsien Loong. Before any law is passed, it is first introduced in parliament as a draft known as a bill. per Wikipedia.

ii. iii. Prime Minister - Lee Hsien Loong

iv. v. President - Tony Tan Keng Yam

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA

MAN 6608 International Business

Group: Singapore
Sources for Assignment:

Week 2: Country Analysis Summative Project Part 2

http://earthtrends.wri.org/pdf_library/country_profiles/pop_cou_702.pdf http://en.wikipedia.org/wiki/Singapore http://www.tradingeconomics.com/singapore/gdp-per-capita http://en.wikipedia.org/wiki/President_of_Singapore http://137.132.140.188/easkbII/?q=node/78#a1 http://www.indexmundi.com/singapore/demographics_profile.html http://www.gov.sg/government/web/content/govsg/classic/home http://en.wikipedia.org/wiki/Demographics_of_Singapore#Household_income_distribution http://www.marimari.com/content/singapore/general_info/main.html

10

CORTES, ALEX, COSTA, DANIEL, DUFORT, YVES, GHEUSNEAUD, STEPHANIE, HAYDEN, ANDREW, PIPER, JACQUELINE, WARD, KIERRA DASHON and WEYANT, ANA