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Some Facts about Business in Singapore
Whether big, developed, and rich countries like the US, Canada, France, Germany, UK etc like it or not, they have to live with the fact that there is a tiny island country in Asia Pacific in the southern tip of Malay that shares the podium with them. Yes, I am talking about Singapore, a group of 63 islands near the tip of Malay Peninsula, a city state that is today giving much advanced and industrialized nations a run for their money when it comes to being an international hub for trade and commerce. Its strategic location making it a natural sea port and a hub which opens the doors to most of the countries of the world makes Singapore a very alluring destination for the entrepreneurs of the world.
Singapore has come a long way since its independence. Who would have thought this tiny city state, which once declared independence from the British Commonwealth and joined the Malaysian confederation in 1960’s, would be disillusioned by the oppressive policies of Malaysia, and that Malaysia itself would expel Singapore from being its territory. The rest is history as they say with Singapore developing at an unbelievable pace thereafter, aligning itself in the line of industrialized nations of the world taking advantage of its strategic location in Asia Pacific. The rest was taken care of by the authorities as they developed the infrastructure at a frenzied pace.
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Fun Night Activities in Singapore
Singapore nightlife is famous for its delicious food. There is fun and enjoyment for people of all tastes which becomes clear with diverse attractions and a strong and vibrant nightlife. There are nightclubs, bars, discos, liver performances, opera on the streets, and even a night market to have all the fun at nights. There are the multiplexes and restaurants that add to the glitter and glitz of a resplendent nightlife. One aspect of nightlife in Singapore that is unique is the emphasis on food.
Whether it is the world famous chili crab or Dim Sum from a street vendor in Chinese locality of the city, one can find tourists and locals enjoying the great Singaporean cuisine late at nights on the streets and restaurants of the city. There are the cheap outlets on street and there are also 5 star hotels with restaurants serving international cuisine. Orchard road is the destination for most of the revelers at night as this is one place where there is a concentration of malls, hotels, nightclubs, spas, and cafes. One can not only purchase anything he so desires at bargain prices on this famous road but also get into any of the many multiplexes to watch a movie of his choice.
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How Singapore Pioneered Globalization
Much before the world embarked on globalization, it was Singapore that showed how to realize the potential of a country by promoting it as an international business and trading hub. One has to acknowledge its strategic location as a natural sea port with access to international markets that has played its part in making Singapore a hot business hub in the world. Entrepreneurs love this as an ideal destination to reach out to the world. Rest was done by the authorities as they developed the infrastructure to make Singapore one of the most developed countries in the world.
One key of the country’s progress is that it avoids double taxation and reaches newer markets. To help make Singapore a perfect destination for international business the natural desire of companies to expand and to reach out to new areas and clientele has played its role in a big way. The success stories of companies that set up their headquarters here lured many more to follow suit, and today the situation is such that Singapore remains on the top of list of places that are most attractive to start a business.
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