Singapore is a world leader in several economic areas: The country is the world's fourth leading financial centre, one of the world's top three oil-refining centres, the world's largest oil-rig producer, and a major hub for ship repair services. The World Bank has named Singapore as the easiest place in the world to do business, and ranks Singapore the world's top logistics hub. Tourism also forms a large part of the economy, with over 15 million tourists visiting the city-state in 2014.
Singapore is a major international transport hub in Asia, positioned on many sea and air trade routes. The Port of Singapore , managed by port operators PSA International and Jurong Port, was the world's second-busiest port in 2005. Singapore Changi Airport). Singapore Changi Airport has been rated one of the best international airports by international travel magazines, and Changi Airport Singapore was again named the World's Best Airport at 2017 Skytrax Awards.
Though physically small, Singapore is an economic giant. It has been Southeast Asia's most modern city for over a century. The city blends Malay, Chinese, Arab, Indian and English cultures and religions. Its unique ethnic tapestry affords visitors a wide array of sightseeing and culinary opportunities from which to choose. A full calendar of traditional festivals and holidays celebrated throughout the year adds to its cultural appeal. In addition, Singapore offers luxury hotels, delectable cuisine and great shopping! The island nation of the Republic of Singapore lies one degree north of the Equator in Southern Asia. The country includes the island of Singapore and 58 or so smaller islands. Because of its efficient and determined government, Singapore has become a flourishing country that excels in trade and tourism and is a model to developing nations.
Located at the tip of the Malay Peninsula, Singapore's tropical climate welcomes both leisure and business travellers year round. The island republic's excellent infrastructure enables visitors to enjoy its many sites and attractions in a safe, clean and green environment. Award winning Changi Airport provides airlinks to major cities around the world. The train and subway systems are clean, fast and efficient. In addition, its state-of-the-art cruise terminal has established Singapore as one of the premier cruising centres of South East Asia and an exciting port of call on any Asian cruise itinerary.
Singapore's progress over the past three decades has been remarkable, yet the island has not been overwhelmed by development. Visitors will discover a wealth of historical treasures from the past, in the beauty of older buildings, values and traditions that have survived in the face of profound social and geographical change. Forming the core of downtown Singapore is the Colonial District. Each surrounding enclave has its own distinct flavour, from the aromatic spice stores of Little India, to the tumbledown backstreets of Chinatown, where it is still possible to find calligraphers and fortune tellers, or the Arab Quarter, whose cluttered stores sell fine cloths and silks.
Singapore is both an island and a country, but perhaps its best description is that of city-state. Like the great city-states of the past, it offers civilisation and order in the highest degree. Its combination of Western-style development and Eastern-style calm seems to present the best of both hemispheres: It's a modern metropolis where you feel safe walking the streets, and it's an Asian business centre that's a model of efficiency. Singapore is also a multicultural city, and close to one-quarter of its population are expatriates or foreign workers from all over the world. Known for its desire to become the technology hub of Asia, Singapore is the most wired country in the region.