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E

SINGAPORE
THE FINANCIAL CENTER OF THE
WORLD
A large part of Singapore’s success in the
international arena is attribute to a foreign
policy of being “a friend to all states”, while
also prioritizing its own national interest.

Singapore has been successful in maintaining


good relationships with both its neighbors
and major world powers.
“The ultimate objectives of our foreign
policy are first to protect our
independence sovereignty and second, to
expand opportunities for all
Singaporeans to overcome geographic
limits. This existential challenge is how
we achieve this.”

Prime Minister Vivian


Balakrishnan
The crescent moon in the national flag of Singapore
signifies a young nation on the ascendant, and the five
stars depict ideals of democracy, peace, progress, justice
and equality.

The State Crest represents Singapore's declaration of


Singapore’s independence from the British in 1959, and
what Singapore stands for as a sovereign nation. It is
found on the Singapore passport, currency and
government buildings.
Singaporean policy-makers
FOREIGN POLICIES need to focus on achieving
greater economic resilience
and adapting quickly to the
• Conduct an independent changing global
sovereign foreign policy in order environment.
to safeguard their independence.

• Promote ASEAN unity and


centrality.

• Ready to trade with any state for


mutual benefit.
ECONOMIC POLICY
• Promoting long-term economic growth.

• Promoting sustained economic growth


without inflation.

Strengths:

• Globally-competitive manufacturing clusters

• Leading world financial and transportation center.

• Home to the regional and global headquarters.


Gross Domestic Product: $593.8 Billion
0.7% growth
2.9% 5-year compound annual growth
$ 101,376 per capital

I N V E S T I G AT I O N S
Unemployment: 4.1%
Inflation (CPI): 0.6%
FDI Inflow: $92.1 Billion

They grant programs to help high-growth local


firms to innovate, grow and internationalize.
Thank you for your attention!
Group 5:
Relevo, Princess Margareth
Macalindong, Avon Nicole
Aragon, Carl Andrew
Arquero, Adriancarl
Tumbaga, Jamison
Caviteño, Jericko

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