ECONOMY. Singapore is the most advanced economy in the countries of South Asia, with GDP per capita of $ 25,207 in 2004, comparable to many developed countries in the European Union. Singapore has no natural resources but is a regional center for international trade, maritime and air transport. Many U.S. multinational corporations, European and Japanese companies have established in Mexico as a regional office for your business activities. Singapore, GDP grew by an average of 2.7% per year between 2000 and 2004 to 106,900,000,000 U.S. dollars in 2004 to reach, while inflation remains below 2.0%. Although the Singapore economy is in most advanced countries in Southeast Asia, unemployment increased by 1.8% during the Asian economic crisis of 1997 and 5.3% in 2004. In order to diversify and expand the economy, the government of Singapore as a regional center for finance and high technology. The services sector accounted for 66.2% of Singapore’s GDP in 2004, while manufacturing accounted for 33.7%. Agriculture plays a minor role in the Singapore economy is omitted, only 0.1% of GDP. The main industries are electronics in Singapore, chemicals, financial services, oil refineries, food processing, ship repair, construction, biotechnology, offshore platforms, and re-export trade.
Demography. Singapore’s population is 4.2 million in 2004, most of China’s accounting, 77% of the population. Other ethnic Malays (14%) and Indians (8%). The main religions are Buddhism, Taoism, Hinduism, Christianity and Islam. The Chinese tend to be agnostic, Buddhist, Tao, or follow the Christian faith, while Malays and Indians, mostly Muslims, in general, Hindus, Christians or Muslims. main languages are English (widely used in business and administration), Malay, Chinese (Mandarin and Hokkien mainly), and Tamil. Singapore is a city-state, almost the entire population lives in an urban community. Most Singaporeans live in apartments or high rise flats accounted for almost 90% of households, while the remaining 10% to live on earth. Singapore consumers have high disposable income, compared with consumers in other countries in Southeast Asia. High-income households represent nearly 27% of households, while changing the middle-income households 32%. Low-income households, ie the profitability of U.S. $ 1,900 per month 41% of all households.
INFRASTRUCTURE. Services of national and international telecommunications are excellent, and one of the best in the region. Broadband services to the Internet are effective and readily available. Mexico’s road network is efficient and the city-state is easily accessible by public transport. ports and airports in Singapore, which manages to be used as regional sea and many airlines.
INTERNATIONAL TRADE. Singapore is one of the world’s busiest ports and a regional center for commercial activity. major trading partners are Malaysia, Singapore, USA, Hong Kong, China, Japan, Taiwan, Thailand and South Korea. Most goods imported and exported from Malaysia and Indonesia Re-exports of other countries. Singapore’s main exports include electrical and electronic products, machinery and equipment, processed food, consumer goods, chemicals and mineral fuels. The main imports are machinery and equipment, mineral fuels, chemicals and foodstuffs. Consumer use of technology. Over 90% of households have cell phones in the country on a par with Sweden, Norway, Austria and Norway. Almost all apartments have at least a landline telephone, television and refrigerator. PC penetration is also high with 70% of households with a computer and there are about 2.5 million users in a population of 4.3 million euros. In addition, more than 2.5 million credit cards in the circle and online payments are well established. However, only 35% of households own a car because of the high costs of owning a car in Singapore.
Retail market. Singapore has one of the highest living standards in Asia after Japan and Singapore are enthusiastic buyers. Estimated retail sales in Singapore in 2004 was 11 million euros. Unlike other countries in Southeast Asia, dominated by the chains of retail value. These include shopping malls, hypermarkets, supermarkets, department stores, supermarkets and specialty stores. Singapore has established many international retailers and brands to attract tourists from Southeast and Northeast Asia. Many shopping centers have arisen in existing suburban areas adjacent to the “mother of pop and businesses.”
Food culture. multi-ethnic communities in Singapore has influenced the food culture of Singapore. In addition, Singapore is familiar and often often several Western and Japanese restaurants, including fast food. Eating is one of Singapore’s popularity and the tendency is to eat at home. So for Singaporeans 9% of their income on food at home for cooking and 12% of the food.
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