Singapore

Singapore

SINGAPORE

Singapore, a former British Colony, is one of the world?s most developed countries. It has a highly developed market-based economy, which has historically revolved around extended entrep?t trade, in other words an export driven economy hugely dependant on export of goods to other countries. Along with Hong Kong, South Korea and Taiwan, Singapore is one of the Four Asian Tigers. The economy depends heavily on
exports and refining imported goods, especially in manufacturing, which represents 26% of Singapore’s GDP.

The manufacturing industry is diversified with significant electronics, petroleum refining, chemicals, mechanical engineering and biomedical sciences manufacturing sectors. In 2006, Singapore produced about 10% of the?world’s foundry wafer output. Singapore is the world’s fourth largest foreign exchange trading centre after London, New York City and Tokyo. Singapore is also considered to be one of the top centres of finance in the region and the world.

Population

4.3 million

Weather

Temperature is 26.7 degrees all year round

Newspaper

The Straits Times http://www.straitstimes.com/?

Transportation

Singapore has a very well developed system of subway transportation. Cabs are also inexpensive.

Job Opportunities

Singapore has been rated as the most business-friendly economy in the world, with thousands of foreign expatriates working in 26,000 multi-national corporations. This has turned Singapore into the Asia-Pacific regional headquarters for most global organizations.

Important Universities & B-Schools

INSEAD
University of Chicago Graduate School of Business
National University of Singapore,
Nan Yang Technological University
http://www.nanyangmba.ntu.edu.sg/

Cost of Living

$52000 per year?
http://www.xpatxperience.com/makinghome/singapore_cost_of_living.shtml

Safety ?

Singapore is one of the world?s safest cities. The government of Singapore has a non-tolerance policy towards drug abuse and misbehavior in the country.??

Salary

$80,000 per year

Tax Rates

15%

Most Famous Indians in this city

SR Nathan, President, Singapore
Sunny George Varghese, IIM A alum, ex Unilever, CEO Olam International,

Night Life
After hours, Singapore practically transforms itself from an ever-so-efficient business and shopping hub to a buzzing network of? bars and nightclubs. Busy executives loosen their ties and kick up their heels to the sound of jazz swing in ‘at Harry’s Bar along Boat Quay, and earnest students-by-day let down their hair for some laid-back bar-hopping at famous Mohammed Sultan Road.

Boat Quay and Clarke Quay are dotted with restaurants as well as pubs, so the mood here is slightly laid-back and the crowd mixed. Patronized by serious party-goers, but also people just out for a pint after work, couples chatting over a leisurely dinner, and tourists.
http://www-singapore.com/nightlife/boatquayandclarkequay.html

Orchard Road: This famous shopping belt also harbors some great clubs.
http://www-singapore.com/nightlife/orchardroad.html
?
Zouk: This hugely popular club, which has been compared with some of the best in Europe, plays mainly House music to a mostly young crowd. Zouk’s music is spun by its seven resident DJs, while regular live acts from visiting artistes – such as Galliano, Chemical Brothers, Heart and Kylie Minogue.?http://www-singapore.com/nightlife/zoukandaround.html?
??
Visas & Immigration

Singapore encourages green cards. If one gets a job, getting permanent residency is automatic. After two years, Singapore encourages everyone to become citizens but there are no compulsions.

Useful websites

http://www.livinginsingapore.org/
http://www.expatsingapore.com/content/view/1179
http://apps.www.sg/
?
Blogs ??

Arvind Iyer, PnG, IIM L, http://iyerarchi.blogspot.com/?

Demography ?

Singapore is a multiracial country with a majority population of Chinese, with substantial Malay and Indian minorities. Mahayana Buddhism is the first religion in Singapore though not representing a majority, with significant numbers following Islam, Christianity, Hinduism, Sikhism or no religion at all.
The annual population growth rate for the year 2000 was 2.8%. The country has four official languages and Malay is the national language while English is the working language.

Exchange rates ?

1 USD= 1.455 SGD
1 SGD= Rs. 33.34

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