Home

This blog is about the development of Singapore throughout the years and the economical and political changes that occurred that led to Singapore being one of the most respectable countries when it comes to World Trade. There will be statistics about the economical growth of Singapore.
Singapore is one of the world's biggest international trade centre. Having the population of about 6 million people, the economic development that lead to the Singapore today is astounding. Singapore was founded during in 1918 by British colony, setting as a trade colony, then joined the Malaysian Federation in 1963, but left 2 years later. It was then that Singapore became an Independent country, and becoming on the biggest trade centre in Asia, along with Hong-kong, Japan, and China.

Geographically, Singapore has no potential or resources to be one of the biggest world trade centre. It is a small island beside Malaysia. It is the little dot in the map below

http://geology.com/world/map/map-of-singapore.gif

Singapore's World trade reputation is one of the most reputable ones in the world due to docks and harbours that connects Rest of the world. There are about 1600 cargo ships importing and exporting goods and products in the Singapore docks. About 80 percent of the cargo ships belong to foreign countries such as; Australia, America, Netherlands, South Korea, Indonesia, Liberia, etc. 

But all this didn't just happened straight away, it took years for this development in a country to happen, especially when the country has no natural resources to trade.