to Singapore reorient the loyalties owed to larger political units such as China, India, Indonesia and Malaysia and focus them on Singapore Philosophy change in people Philosophy change
Trang 1Culture and Economic
Name: Roan Hieu Trung
Tran Dinh Tuan Anh Truong Thanh Phu
Le Phan Duy Instructor: Dr Ping He
Name: Roan Hieu Trung
Tran Dinh Tuan Anh Truong Thanh Phu
Le Phan Duy Instructor: Dr Ping He
Trang 3BACKGROUND
• Founded as a British trading colony in 1819
• Singapore joined Malaysia in 1963
• After 2 years become independent.
• One of the world’s most prosperous countries
• Strong international trading links
Trang 4COUNTRY
"think of future common endeavors and achievements" instead of
"the distinct contributions of each community.
to Singapore
(reorient the loyalties owed to larger political units such as China, India, Indonesia and Malaysia and focus them on Singapore)
Philosophy change in people Philosophy change in business
"think of future common endeavors and achievements" instead of
"the distinct contributions of each community.
to Singapore
(reorient the loyalties owed to larger political units such as China, India, Indonesia and Malaysia and focus them on Singapore)
Philosophy change in people Philosophy change in business
Trang 5Geographical
• Location: Singapore is a country between
Malaysia and Indonesia in Southeastern Asia
• The area is 710 km2 (a little bit more than Jakarta, 661.5 km2)
• Climate: tropical, hot, humid, and rainy
• Topography: mostly low-lying, green, undulating country with a small range of hills at the center
• Location: Singapore is a country between
Malaysia and Indonesia in Southeastern Asia
• The area is 710 km2 (a little bit more than Jakarta, 661.5 km2)
• Climate: tropical, hot, humid, and rainy
• Topography: mostly low-lying, green, undulating country with a small range of hills at the center
Trang 6Literacy rates
Accordingly about 155 918 adults are illiterate (2016)
Literacy rate for adult male population is 98.66% (2 322
868 persons) 31 621 are illiterate.
Literacy rate for adult female population is 95.09% (2 405
161 persons) 124 298 are illiterate.
Youth literacy rates are 99.9% and 99.9% for males and females accordingly The overall youth literacy rate is 99.9% Youth literacy rate definition covers the population between the ages of 15 to 24 years.
Trang 7Language
Trang 8Diet and nutrition
Trang 9Healthcare
The Singapore healthcare system comprises public and private healthcare
Trang 105 DIMENSONS
Trang 11POLYTICAL SYSTEM
Trang 12Stability of government:
Best conditions for foreign investor to look information and have support form assistance programs
Special Tax
- stamp duty property tax
GOVERNMENT IN BUSINESS
Trang 13Political risk
Trang 14Source:http://globaledge.msu.edu/countries/singapore/risk
Trang 15East Asia/Pacific Avg 79 79 79 78 76
Trang 16ng
to PER
C (Politic
al a
nd Econom
ic
Ris
k
Consultan
cy ) Singapo
re enjoys th
e lowes
a democratic
countr
y h
as vot
ed
representativ
es
to rul
e th
e
nation
Politic
al
is stable
Trang 17• Disadvantage of enemy is our advantage
Investor will consider choose Singapore instead nearby neighbor countries
Less risk less depreciate currency (SGD)
Less adjust capital
Advantages
Trang 181 Restriction of free speech for opposition parties
– It may lead to costly suit
– Imprisonment
2 Limited dissemination of content
-Contribution to free speech activities is low
Trang 19• Rule- bound : littering, gum chewing, smoking , etc
Organization of the judiciary system based
on British common law.
Trang 20Business customs and practices
• Singaporean business culture is very ethnocentric
• Singapore prides itself on being the most corruption-free state in Asia Consequently, it has strict laws against bribery Government employees may not accept gifts of any kind.
value
seniority and call employer “Mr./Mrs./Miss/Ms” with their surnames
• Singaporean business culture is very ethnocentric
• Singapore prides itself on being the most corruption-free state in Asia Consequently, it has strict laws against bribery Government employees may not accept gifts of any kind.
value
seniority and call employer “Mr./Mrs./Miss/Ms” with their surnames
Trang 21Religion and other belief systems
⇒ Freedom of Religion
⇒ Cannot talk of religion in the work place.
Trang 22MRT Bus Taxi
Speed & efficiency Extensive network Fares relatively cheap
Speed & efficiency Extensive network Fares relatively cheap
Extremely high prices for buying a car to control the demand
Extremely high prices for buying a car to control the demand
2nd busiest port in the world
Use alternative transportation systems
Connected to > 600 ports in 123 countries in 6 continents
Connected to > 600 ports in 123 countries in 6 continents
Trang 23ECONOMIC ANALYSIS
Trang 24Population
- Estimated to be 5.664.322 people (2016)
- Migration rates and patterns: 82.722 people
Trang 26Economic statistics and activity
Nominal GDP : $405 bill in 2015
Growth 3.7 % over year
Gross National Income (GNI) : $383 bill (exceed $369
bill in 2014)
1.00 USD=1.36888 SGD US Dollar↔Singapore Dollar
( 1 USD = 1.36888 SGD1 SGD = 0.730524 USD)
Nominal GDP : $405 bill in 2015
Growth 3.7 % over year
Gross National Income (GNI) : $383 bill (exceed $369
by 5.4 per cent, from S$4,210 in 2014 to S$4,437 IN 2015
Average family income : rose from $8,292 to $8,666 in 2015
Import & export: 14th largest exports & the 15th largest importer in the world
Top 5 partner & share total merchandises trade in 2015
Personal income per capital: The nominal median monthly income of full-time employed residents in the sector rose
by 5.4 per cent, from S$4,210 in 2014 to S$4,437 IN 2015
Average family income : rose from $8,292 to $8,666 in 2015
Import & export: 14th largest exports & the 15th largest importer in the world
Top 5 partner & share total merchandises trade in 2015
Trang 28Balance-of-payments situation
Trang 29Trade restrictions
IMPORTS TAXES
More than 99% of all imports into Singapore enter the
country duty-free For social and/or environmental
reasons, Singapore levies high excise taxes on beer,
wine and liquor, tobacco products, motor vehicles
and petroleum products
Singapore levies a 7% Goods and Services Tax (GST)
For dutiable goods, the taxable value for GST is
calculated based on the CIF (Cost, Insurance and
Freight) value plus all duties and other charges.
More than 99% of all imports into Singapore enter the
country duty-free For social and/or environmental
reasons, Singapore levies high excise taxes on beer,
wine and liquor, tobacco products, motor vehicles
and petroleum products
Singapore levies a 7% Goods and Services Tax (GST)
For dutiable goods, the taxable value for GST is
calculated based on the CIF (Cost, Insurance and
Freight) value plus all duties and other charges.
Trang 30Labor force
Trang 31Inflation rates
Trang 32Thanks for listening