Singapore s Highest Standards Of Living - 1742 Words

Singapore is a country located in Southeastern Asia between Malaysia and Indonesia and it comprises the main island and around 50 smaller islands. (See Exhibit 1). It was a British trading colony in 1819 and joined the Malaysian Federation in 1963 but became independent two years later in 1965. A 697 squared kilometers country ranked as 192nd in the world according to its area and no more that 3.5 times the size of Washington, DC has become one of the world s most successful countries with strong international trading relations and one of the world’s highest standards of living. Singapore is a parliamentary representative democratic republic, the head of government is the Prime Minister (Lee Hsien Loong) and the head of State is the president (Tan Keng Yam. A.k.a. Tony Tan) who has some veto power in decisions regarding national reserves, armed forces and internal security matters. Politics in this country haven been governed by The People’s Action Party (PAP) since 1959. Under the leadership of PAP, Singapore has a highly centralized structure characterized by an authoritarian and pragmatic political culture. The power in Singapore is gained trough skill, performance, and loyalty to the nation and its policies. The government in Singapore has established a dominant policy where the state has taken on the role of promoter and practitioner of Corporate Social Responsibility . However, some national and international organizations have published some indicators showingShow MoreRelatedAdvantages and Disadvantages of Living in Singapore777 Words   |  4 PagesAdvantages and disadvantages of living in Singapore Many envy those who live in metropolitan  cities like Singapore as the standard of living is higher, lifestyle is comfortable and the country is a safe haven sheltered from many natural disasters. As the saying goes, there are always two sides to a coin. Amid the many advantages, lie the disadvantages that a modern city brings. One of the advantages of living in Singapore will be its reputation as a safe haven. In fact, Singapore is one of the safest countriesRead MoreRelationship Between a Countrys Economic Growth and Its Water Pollution771 Words   |  4 Pagesthe living standard in a nation, it remains a key focus of most governments. In this course of action, water bodies may be polluted and contaminated due to waste (e.g. sewage and chemical waste) generated from different sectors of the economy. However, water pollution is not inevitable despite a country’s focus on economic growth, and in fact can be mitigated and controlled. A prominent example would be that of Singapore. 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Founded on principles of groundbreaking levels of customer service, and with guest satisfaction being the highest mission, the Ritz-Carlton Hotel Company, is the first and only hotel company to win the desirableRead More Service Quality at the Ritz-Carlton Hotel Company Essay1643 Words   |  7 Pagesdifferent needs of customers in each individual country while maintaining the same standards of services, global marketing strategy plays a critical role. Being a leader in upscale hotel chain industry, The Ritz-Carlton Hotel took a unique path to compete with its rivals. nbsp;nbsp;nbsp;nbsp;nbsp;Founded on principles of groundbreaking levels of customer service, and with guest satisfaction being the highest mission, the Ritz-Carlton Hotel Company, is the first and only hotel company to winRead MoreDiscuss whether the introduction of maximum prices by a government would solve the problem of scarcity.1751 Words   |  8 PagesDiscuss whether the introduction of maximum prices by a government would solve the problem of scarcity. Introduction Maximum price is the highest possible cost of a good or a service that is legally allowed. While an unregulated market usually does not have a maximum price besides what consumers are willing to pay, during certain times, the government would step in to assert some price control so that consumers within the country will not be affected that badly by inflation. (BusinessDictionary