163-596: Temasek Holdings (Private) Limited is a Singaporean state-owned multinational investment firm. Incorporated on 25 June 1974, Temasek has a net portfolio of US$ 288 billion (S$ 389 billion) as of 2024, with S$ 33 billion divested and S$ 26 billion invested during the year. Headquartered at Orchard Road , Singapore, it has 13 offices in 9 countries around the world, including in Beijing , Brussels , Hanoi , London , Mexico City , Mumbai , New York City , Paris , San Francisco , Shanghai , Shenzhen and Washington D.C. It
326-483: A Vietnamese source from the same time period. The name possibly means Sea Town , being derived from the Malay tasek , meaning 'sea' or 'lake'. The Chinese traveller Wang Dayuan visited a place around 1330 named Danmaxi ( Chinese : 淡馬錫 ; pinyin : Dànmǎxí ; Wade–Giles : Tan Ma Hsi ) or Tam ma siak , depending on pronunciation; this may be a transcription of Temasek , alternatively, it may be
489-438: A home-ownership rate of 88 percent. Singaporeans enjoy one of the longest life expectancies , fastest Internet connection speeds , lowest infant mortality rates , and lowest levels of corruption in the world. It has the third highest population density of any country in the world , although there are numerous green and recreational spaces as a result of urban planning . With a multicultural population and in recognition of
652-524: A snap election ). The 14th and current Parliament has 103 members; 93 were directly elected from the 31 constituencies , nine are nonpartisan nominated members appointed by the president, and three are non-constituency members from opposition parties who were not elected in the last general election but appointed to the legislature to increase opposition party representation. In group representation constituencies (GRCs), political parties assemble teams of candidates to contest elections. At least one MP in
815-878: A supermajority in Parliament . One of the five founding members of ASEAN , Singapore is also the headquarters of the Asia-Pacific Economic Cooperation Secretariat, the Pacific Economic Cooperation Council Secretariat, and is the host city of many international conferences and events . Singapore is also a member of the United Nations , the World Trade Organization , the East Asia Summit ,
978-537: A $ 100 million financing round for Animoca Brands . In April 2023, Temasek announced that it would acquire an additional 41 per cent stake in Bengaluru-based Manipal Health Enterprises (MHE), resulting in a total stake of 59 per cent. In June 2024, Temasek was finalizing its sale of some assets from liquefied natural gas (LNG) trading company Pavilion Energy to Shell, with the deal worth hundreds of millions of US dollars. As
1141-685: A 3.9 per cent stake in BlackRock Inc , worth about US$ 3.5 billion, becoming one of its largest shareholders. According to people familiar with the matter, Temasek was one of several players that bought the money manager's shares when PNC Financial Services Group Inc. sold a US$ 14 billion stake earlier in the year. In November 2020 Temasek with Creadev led a EUR140 million series C financing of French biotechnology company InnovaFeed . In 2021, Temasek invested in cryptocurrency exchange FTX . Following FTX's collapse in November 2022, Temasek wrote down
1304-522: A Council of Ministers was created, appointed by the governor on the recommendation of the leader of the house. Constitutional talks between Legislative Assembly representatives and the Colonial Office were held from 1956 to 1958, and Singapore achieved full internal self-government in 1959. The governor was replaced by the Yang di-Pertuan Negara , who had power to appoint to the post of prime minister
1467-536: A GRC must be of an ethnic minority background. All elections are held using first-past-the-post voting . MPs host weekly political surgeries , called " Meet-the-People Sessions ", where they help constituents resolve personal issues which can be related to housing, financial assistance, and immigration. The People's Action Party occupies a dominant position in Singaporean politics, having won large parliamentary majorities in every election since self-governance
1630-611: A Muslim state, the soldiers rebelled, killing their officers and several British civilians before the mutiny was suppressed by non-Muslim troops arriving from Johore and Burma . After World War I , the British built the large Singapore Naval Base as part of the defensive Singapore strategy . Originally announced in 1921, the construction of the base proceeded at a slow pace until the Japanese invasion of Manchuria in 1931. Costing $ 60 million and not fully completed in 1938, it
1793-486: A candidate needs to be a person at least 45 years of age who is no longer a member of a political party, to either have held public office for at least 3 years in a number of specific public service leadership roles, or to have 3 years experience as chief executive of a fully profitable private sector company with at least S$ 500 million in shareholders' equity , be a resident in Singapore for at least 10 years, not have
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#17327980176281956-456: A chairman, a deputy chairman, and not less than 10 nor more than 25 other members as the Minister for Digital Development and Information may from time to time determine. The members of the board are appointed by the minister, and hold office for such term as the minister may determine unless they resign during their term of office or their appointment is revoked by the minister. The minister
2119-578: A combination of the Malay Tanah meaning 'land' and Chinese xi meaning 'tin', which was traded on the island. Variations of the name Siṃhapura were used for a number of cities throughout the region prior to the establishment of the Kingdom of Singapura . In Hindu–Buddhist culture , lions were associated with power and protection, which may explain the attraction of such a name. The name Singapura supplanted Temasek sometime before
2282-608: A communist takeover. On 27 May 1961, Malaya's prime minister, Tunku Abdul Rahman , made a surprise proposal for a new Federation called Malaysia , which would unite the current and former British possessions in the region: the Federation of Malaya , Singapore, Brunei , North Borneo , and Sarawak . UMNO leaders believed that the additional Malay population in the Bornean territories would balance Singapore's Chinese population. The British government, for its part, believed that
2445-577: A company, Temasek has been carbon neutral since 2020. The firm has publicly stated that its goal is to reduce the net carbon emissions attributed to its entire portfolio to half of 2010 levels by 2030. It aims to achieve net zero carbon emissions by 2050. In 2024, the company launched its inaugural sustainability report, stating that portfolio emissions were cut by 22 per cent for the financial year. Their sustainability-aligned investments accounted for 12 per cent of their net portfolio value and stood at $ 44 billion. Singapore Singapore , officially
2608-594: A criminal record, and more. Candidates must also "satisfy" the Presidential Elections Committee (PEC) that he or she is a person of integrity, good character and reputation. From 2017, the Constitution requires that presidential elections be " reserved " for a racial community if no one from that ethnic group has been elected to the presidency in the five most recent terms. Only members of that community may qualify as candidates in
2771-459: A cut from customers. In response, amendments were made to the Women's Charter by the government in 2019 to legislate more serious punishments for traffickers, including imprisonment of up to seven years and a fine of S$ 100,000. Singapore has a highly developed market economy , based historically on extended entrepôt trade. Along with Hong Kong , South Korea , and Taiwan , Singapore is one of
2934-676: A dependency of Bencoolen and was placed under the control of the Presidency City of Calcutta ( Kolkata ) in the Bengal Presidency . On 24 June 1824, Singapore and Malacca were formally transferred to the East India Company, with the result that they came under the control of Fort William . Full cession of Singapore to the company by the Sultan and Temenggung was effected by a treaty of 19 November 1824, which
3097-526: A handful of Chinese . By 1860 the population had swelled to over 80,000, more than half being Chinese . Many of these early immigrants came to work on the pepper and gambier plantations. In 1867, the Straits Settlements were separated from British India , coming under the direct control of Britain . Later, in the 1890s, when the rubber industry became established in Malaya and Singapore,
3260-461: A local medical degree can opt to defer their draft. Though not required to perform military service, the number of women in the SAF has been increasing: since 1989 they have been allowed to fill military vocations formerly reserved for men. Before induction into a specific branch of the armed forces, recruits undergo at least nine weeks of basic military training. Because of the scarcity of open land on
3423-652: A mezzanine floor of MacDonald House exploded, killing three people and injuring 33 others. It was the deadliest of at least 42 bomb incidents which occurred during the confrontation. Two members of the Indonesian Marine Corps , Osman bin Haji Mohamed Ali and Harun bin Said , were eventually convicted and executed for the crime. The explosion caused US$ 250,000 (equivalent to US$ 2,417,107 in 2023) in damages to MacDonald House. Even after
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#17327980176283586-706: A newly independent country. After being expelled from Malaysia, Singapore became independent as the Republic of Singapore on 9 August 1965, with Lee Kuan Yew and Yusof bin Ishak as the first prime minister and president respectively. In 1967, the country co-founded the Association of Southeast Asian Nations (ASEAN). Race riots broke out once more in 1969. Lee Kuan Yew's emphasis on rapid economic growth, support for business entrepreneurship, and limitations on internal democracy shaped Singapore's policies for
3749-666: A parliament has been dissolved a general election must be held within three months. Following a general election, the President appoints as Prime Minister an MP who, in their judgment, is likely to command the confidence of the majority of the MPs. In practice, the Prime Minister is usually the leader of the political party holding the majority of the seats in Parliament. The President also appoints other Ministers from among
3912-696: A private company, it was not legally obliged to do so). At the point of Singapore's independence in August 1965, the Government of Singapore had ownership or joint ownership of various local companies, such as Malaysia-Singapore Airlines (later split up into Malaysia Airlines and Singapore Airlines ) and the Singapore Telephone Board (which became Singapore Telecommunications ). As part of its push for local and foreign private investment in sectors such as manufacturing and shipbuilding,
4075-626: A professional management team. Its sole shareholder is the Singapore Minister for Finance. Temasek is designated a Fifth Schedule entity under the Constitution of Singapore , which imposes certain safeguards to protect the government's past reserves . For instance, the approval of the President of Singapore is required for any transaction which is likely to result in a draw-down of Temasek's cash reserves . The president also has
4238-595: A reserved presidential election. In the 2017 presidential election , this combination of stringent requirements and a reserved election that required the candidate to be of the 13% Malay ethnic group led to the PEC approving a single candidate for the presidency; Halimah Yacob , considered part of the Malay community, won in an uncontested election. She also became Singapore's first female president. Members of Parliament (MPs) are elected at least every five years (or sooner with
4401-557: A sense of national identity and a spirit of dedicated service to a multiracial community. There are five Community Development Councils (CDCs) appointed by the board of management of the PA for districts in Singapore, namely, the Central Singapore CDC , North East CDC , North West CDC , South East CDC and South West CDC . The functions of a CDC include fostering community bonding and strengthening social cohesion amongst
4564-421: A strange beast on the island that he took to be a lion. Seeing this as an omen, he established the town of Singapura where he encountered the beast. The second hypothesis, drawn from Portuguese sources , postulates that this mythical story is based on the real life Parameswara of Palembang . Parameswara declared independence from Majapahit and mounted a Lion Throne. After then being driven into exile by
4727-521: A total publicly known AUM of approximately US$ 1.64 trillion. Temasek is a company incorporated in Singapore, and operates under the provisions of the Singapore Companies Act. It is neither a government agency nor a statutory board . Like any other commercial company, Temasek pays taxes that contributes to government revenue in the countries it operates in, distributes dividends to its shareholder and has its own board of directors and
4890-436: Is a statutory board, the objects of which include the organisation and the promotion of group participation in social, cultural, educational and athletic activities for the people of Singapore in order that they may realise that they belong to a multiracial community , the interests of which transcend sectional loyalties ; and the establishment of institutions for the purpose of leadership training in order to instill in leaders
5053-726: Is also a founding member of The Forum of Small States (FOSS) , a voluntary and informal grouping at the UN. Singapore maintains membership in other regional organisations, such as Asia–Europe Meeting , the Forum for East Asia-Latin American Cooperation , the Indian Ocean Rim Association , and the East Asia Summit . It is also a member of the Non-Aligned Movement, the United Nations and
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5216-625: Is an active shareholder and investor, with four key structural trends guiding its long term portfolio construction—Digitisation, Sustainable Living, Future of Consumption, and Longer Lifespans. Temasek's portfolio covers a broad spectrum of sectors. Its key focus investment areas include Consumer, Media & Technology, Life Sciences & Agri-Food, and Non-Bank Financial Services. Temasek has held overall corporate global credit ratings of “Aaa/AAA” by rating agencies Moody's and Standard & Poor's respectively since its inaugural credit ratings in 2004. It has also attained perfect quarterly scores on
5379-520: Is composed of the following members. On 16 April 2024, then Prime Minister-designate Lawrence Wong announced that then outgoing Prime Minister Lee Hsien Loong would assume the office of Senior Minister and stay on in his cabinet after stepping down as the Prime Minister on 15 May 2024. As in the United Kingdom and in a number of Commonwealth countries, Members of Parliament (MPs) may be appointed as Ministers of State to aid Ministers in
5542-433: Is generally perceived to be competent in managing the country's economy , and largely free from political corruption . Transparency International 's 2010 Corruption Perceptions Index , which compares countries according to the degree to which corruption is perceived to exist among public officials and politicians, ranked Singapore in joint first place with Denmark and New Zealand out of 178 countries. In addition, Singapore
5705-415: Is hereby notified for general information that, pursuant to Article 30(1) of the Constitution of the Republic of Singapore, the Prime Minister has directed that Mr S. Jayakumar shall, with effect from 1st April 2009, be charged with the responsibility for the following matters: and that he shall be designated as Senior Minister and Co-ordinating Minister for National Security. Ministers may be designated by
5868-703: Is maintaining security in Southeast Asia and surrounding territories. An underlying principle is political and economic stability in the region. It has diplomatic relations with more than 180 sovereign states. As one of the five founding members of ASEAN , Singapore is a strong supporter of the ASEAN Free Trade Area (AFTA) and the ASEAN Investment Area (AIA); it is also the host of the APEC Secretariat. Singapore
6031-457: Is not required to provide any reason for revoking the appointment of a board member. The minister may, in consultation with the Board or otherwise, give the board directions as he thinks fit that are not inconsistent with the provisions of the act concerning the exercise and performance by the board of its functions, and the board is required to give effect to such directions. With the approval of
6194-704: Is regarded as a key factor behind Singapore's political stability, economic growth, and harmonious social order. In 2021, the World Justice Project 's Rule of Law Index ranked Singapore as 17th overall among the world's 193 countries for adherence to the rule of law . Singapore ranked high on the factors of order and security (#3), absence of corruption (#3), regulatory enforcement (#4), civil justice (#8), and criminal justice (#7), and ranked significantly lower on factors of open government (#34), constraints on government powers (#32), and fundamental rights (#38). Singapore's stated foreign policy priority
6357-491: Is the only country in Asia with a AAA sovereign credit rating from all major rating agencies . It is a major aviation , financial , and maritime shipping hub and has consistently been ranked as one of the most expensive cities to live in for expatriates and foreign workers . Singapore ranks highly in key social indicators: education , healthcare , quality of life , personal safety , infrastructure , and housing , with
6520-464: Is the right policy and that there is "clear evidence" of serious deterrence , and that the law should be looked at upon in the wider context of "saving lives", particularly citizens. In 2004, Amnesty International claimed that some legal provisions of the Singapore system for the death penalty conflict with "the right to be presumed innocent until proven guilty". The government has disputed Amnesty's claims, stating that their "position on abolition of
6683-618: Is the sense intended when it is said that a political party "forms the Government". The Constitution of the Republic of Singapore uses the word Government to mean the Executive branch, made up of the President and the Cabinet. This article describes the Government of Singapore in this technical sense, as well as selected aspects of the Executive branch of the Government. On 30 January 1819, Sir Stamford Raffles , an Englishman who
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6846-467: The 11th Parliament , Lim Hwee Hua , who was a Minister in the Prime Minister's Office, also held the posts of Second Minister for Finance and Second Minister for Transport. As of 8 July 2024, the ministries of the Government are the following: A ministry is usually composed of a headquarters and a number of departments, boards or other subordinate entities, and statutory boards . For instance, in May 2007
7009-620: The 1959 general elections , the People's Action Party (PAP) swept to power with 43 out of the 51 seats in the Assembly, and Lee Kuan Yew became the first Prime Minister of Singapore. Nine other ministers were appointed to the Cabinet. The executive branch of the Singapore Government remained largely unchanged, although now it governed a state within a larger federation . However, with effect from 9 August 1965, Singapore left
7172-540: The 1964 race riots . On 7 August 1965, Malaysian prime minister Tunku Abdul Rahman, seeing no alternative to avoid further bloodshed (and with the help of secret negotiations by PAP leaders, as revealed in 2015) advised the Parliament of Malaysia that it should vote to expel Singapore from Malaysia. On 9 August 1965, the Malaysian Parliament voted 126 to 0 to move a bill to amend the constitution, expelling Singapore from Malaysia, which left Singapore as
7335-619: The 2004 Indian Ocean earthquake and tsunami . Since 2009, the Republic of Singapore Navy (RSN) has deployed ships to the Gulf of Aden to aid in countering piracy efforts as part of Task Force 151 . The SAF also helped in relief efforts during Hurricane Katrina , and Typhoon Haiyan . Singapore is part of the Five Power Defence Arrangements (FPDA), a military alliance with Australia, Malaysia, New Zealand, and
7498-634: The British Empire . In 1867, Singapore came under the direct control of Britain as part of the Straits Settlements . During World War II , Singapore was occupied by Japan in 1942 and returned to British control as a separate Crown colony following Japan's surrender in 1945. Singapore gained self-governance in 1959 and, in 1963, became part of the new federation of Malaysia , alongside Malaya , North Borneo , and Sarawak . Ideological differences led to Singapore's expulsion from
7661-924: The Central Provident Fund Board (CPF), the Housing and Development Board (HDB), the Intellectual Property Office of Singapore (IPOS), the Land Transport Authority (LTA), the Maritime and Port Authority of Singapore (MPA), the National Heritage Board (NHB), and the Urban Redevelopment Authority (URA) are all statutory boards. The National Heritage Board is an example of a typical statutory board. It
7824-739: The Commonwealth . While Singapore is not a formal member of the G20 , it has been invited to participate in G20 processes in most years since 2010. Singapore is also the location of the Pacific Economic Cooperation Council (PECC) Secretariat. In general, bilateral relations with other ASEAN members are strong; however, disagreements have arisen, and relations with neighbouring Malaysia and Indonesia have sometimes been strained. Malaysia and Singapore have clashed over
7987-495: The Digital and Intelligence Service . It is seen as the guarantor of the country's independence, translating into Singapore culture, involving all citizens in the country's defence. The government spent 2.7% of the country's GDP on the military in 2024, the highest in the region. After its independence, Singapore had only two infantry regiments commanded by British officers. Considered too small to provide effective security for
8150-574: The Federation of Malaysia and became a fully independent republic . On separation from Malaysia, the Singapore Government retained the executive authority it held, and took on additional executive authority over Singapore that the Parliament of Malaysia relinquished. The Yang di-Pertuan Agong , the Supreme Head of State of Malaysia, also ceased to be the Supreme Head of Singapore and relinquished his sovereignty, jurisdiction, power and authority, executive or otherwise in respect of Singapore, which
8313-482: The Four Asian Tigers , and has surpassed its peers in terms of Gross Domestic Product (GDP) per capita. Between 1965 and 1995, growth rates averaged around 6 per cent per annum, transforming the living standards of the population. Government of Singapore [REDACTED] The government of Singapore is defined by the Constitution of the Republic of Singapore to consist of the President and
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#17327980176288476-493: The Javanese , he usurped control over Temasek . He may have rechristened the area as Singapura , recalling the throne he had been driven from. Under Japanese occupation , Singapore was renamed Syonan-to ( Japanese : 昭 南 , Hepburn : Shōnan ) , meaning 'light of the south'. Singapore is sometimes referred to by the nickname the "Garden City", in reference to its parks and tree-lined streets. Another informal name,
8639-464: The MATADOR anti-tank weapon. The SAF is being developed to respond to a wide range of issues in both conventional and unconventional warfare. The Defence Science and Technology Agency (DSTA) is responsible for procuring resources for the military. The geographic restrictions of Singapore mean that the SAF must plan to fully repulse an attack, as they cannot fall back and re-group. The small size of
8802-607: The Ministry of Trade and Industry to focus on policymaking. In February 2020, Temasek announced a company-wide wage freeze and voluntary pay cuts for senior management in part to help fund community programs aimed at alleviating the impact of COVID-19 . On 1 October 2021, Dilhan Pillay Sandrasegara , the current chief executive officer of Temasek International (TI), succeeded Ho Ching as executive director and chief executive officer of Temasek Holdings. Temasek's initial portfolio of S$ 354 million comprised shares previously held by
8965-601: The Non-Aligned Movement , and the Commonwealth of Nations . The English name of "Singapore" is an anglicisation of the native Malay name for the country, Singapura ( pronounced [siŋapura] ), which was in turn derived from the Sanskrit word for 'lion city' ( Sanskrit : सिंहपुर ; romanised: Siṃhapura ; Brahmi : 𑀲𑀺𑀁𑀳𑀧𑀼𑀭 ; literally "lion city"; siṃha means 'lion', pura means 'city' or 'fortress'). Pulau Ujong
9128-595: The Republic of Singapore , is an island country and city-state in Southeast Asia . The country's territory comprises one main island , 63 satellite islands and islets , and one outlying islet . It is about one degree of latitude (137 kilometres or 85 miles) north of the equator , off the southern tip of the Malay Peninsula , bordering the Strait of Malacca to the west, the Singapore Strait to
9291-420: The Republic of Singapore Air Force (RSAF) maintains a number of overseas bases in Australia , the United States , and France . The RSAF's 130 Squadron is based in RAAF Base Pearce , Western Australia , and its 126 Squadron is based in the Oakey Army Aviation Centre , Queensland . The RSAF has one squadron—the 150 Squadron—based in Cazaux Air Base in southern France. The RSAF's overseas detachments in
9454-411: The Singapore Armed Forces ), and the shipping company Neptune Orient Lines . On 25 June 1974, Temasek was incorporated under the Singapore Companies Act to hold and manage the assets previously held directly by the Singapore government, named for an early settlement on the island . The goal was for Temasek to own and manage these investments on a commercial basis, allowing the Ministry of Finance and
9617-403: The Speakers' Corner . In the Corruption Perceptions Index , which ranks countries by "perceived levels of public sector corruption", Singapore has consistently ranked as one of the least corrupt countries in the world, in spite of being illiberal. Singapore's unique combination of a strong, soft authoritarian government with an emphasis on meritocracy is known as the "Singapore model", and
9780-401: The Strait of Malacca has been a cause of concern for all three countries. Close economic ties exist with Brunei , and the two share a pegged currency value, through a Currency Interchangeability Agreement between the two countries which makes both Brunei dollar and Singapore dollar banknotes and coins legal tender in either country. The first diplomatic contact with China was made in
9943-424: The Westminster tradition of unicameral parliamentary government, and its legal system is based on common law . While the country is de jure a multi-party democracy with free elections , the government under the People's Action Party (PAP) wields widespread control and political dominance . The PAP has governed the country continuously since full internal self-government was achieved in 1959, and holds
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#173279801762810106-401: The " Little Red Dot ", was adopted after an article in the Asian Wall Street Journal of 4 August 1998 said that Indonesian President B. J. Habibie referred to Singapore as a red dot on a map. In 1299, according to the Malay Annals , the Kingdom of Singapura was founded on the island by Sang Nila Utama . Although the historicity of the accounts as given in the Malay Annals is
10269-439: The "benevolent" yet "highly authoritarian" colonial system of governance inherited from Britain rather than forging a full democracy. A conservative ideology of " Asian values " evolved to replace British rule, based on "communal loyalty, distrust of government, and avoidance of individual or collective responsibility for wider public interests", with less regard for human rights in the nascent Western sense. The fact that "neither
10432-422: The 15th century, after the establishment of the Kingdom of Singapura on the island by a fleeing Sumatran Raja (prince) from Palembang . However, the precise time and reason for the name change is unknown. The semi-historical Malay Annals state that Temasek was christened Singapura by Sang Nila Utama , a 13th-century Sumatran Raja from Palembang . The Annals state that Sang Nila Utama encountered
10595-532: The 1970s, with full diplomatic relations established in the 1990s. China has been Singapore's largest trading partner since 2013, after surpassing Malaysia. Singapore and the United States share a long-standing close relationship, in particular in defence, the economy, health, and education. Singapore has also increased co-operation with ASEAN members and China to strengthen regional security and fight terrorism, and participated in ASEAN's first joint maritime exercise with China in 2018. It has also given support to
10758-636: The Board are: The board is empowered to "do all things necessary or convenient to be done for or in connection with the performance of its functions". Without prejudice to the generality of that provision, the Board also has power to, for example, develop and manage museums, archives, oral history centres and other facilities related to its functions; to advise and facilitate the preservation of historic sites; and to establish liaison with other museums, archives, oral history centres, universities and other institutions to secure maximum collaboration of all activities relevant to its functions. The board consists of
10921-412: The Cabinet since 1959. The term Government of Singapore can have a number of different meanings. At its widest, it can refer collectively to the three traditional branches of government – the Executive branch , Legislative branch (the President and Parliament of Singapore ) and Judicial branch (the Supreme Court and Subordinate Courts of Singapore ). The term is also used colloquially to mean
11084-420: The Delegation of Powers (Ministry of Law) (Consolidation) Notification, the Senior Minister of State for Law is deputed to exercise certain powers of the Minister for Law under the Copyright Act, Criminal Procedure Code, Land Acquisition Act, Land Surveyors Act, and Pawnbrokers Act; while the Parliamentary Secretary for Home Affairs is deputed the powers of the Minister for Home Affairs under regulation 157 of
11247-401: The East", and military discussions often referred to the base as simply " East of Suez ". However, the British Home Fleet was stationed in Europe, and the British could not afford to build a second fleet to protect their interests in Asia. The plan was for the Home Fleet to sail quickly to Singapore in the event of an emergency. As a consequence, after World War II broke out in 1939, the fleet
11410-429: The Executive and Legislature together, as these are the branches of government responsible for day-to-day governance of the nation and lawmaking. At its narrowest, the term is used to refer to the Members of Parliament (MPs) belonging to a particular political party (or coalition of parties ) holding a majority of seats in Parliament sufficient to enable the party (or coalition) to form the Cabinet of Singapore – this
11573-421: The Executive. Executive authority of Singapore is vested in the President but exercised on the advice of the Cabinet led by the Prime Minister. The President, acting as the Head of State, may only act in their discretion in appointing the Prime Minister, acting as the Head of Government; as well as withholding consent for the dissolution of Parliament; along with performing key checks on the Government in addition to
11736-537: The Government and, along with the Cabinet, sets the general direction and control of the Government for the next term. A statutory board is an autonomous agency of the Government that is established by an Act of Parliament and overseen by a government ministry. Unlike ministries and government departments that are subdivisions of ministries, statutory boards are not staffed by civil servants and have greater independence and flexibility in their operations. There are five Community Development Councils (CDCs) appointed by
11899-474: The Government. As Singapore follows the Westminster system of government, the legislative agenda of Parliament is determined by the Cabinet. At the start of each new Parliamentary session , the President gives an address prepared by the Cabinet that outlines what the Cabinet intends to achieve in the session. Each parliament lasts for a maximum of five years from the date of its first sitting, and once
12062-652: The Governor on the recommendation of the Leader of the House, who would be the leader of the largest political party or coalition of parties having majority support in the legislature. The recommendation was implemented in 1955. In the general election held that year, the Labour Front took a majority of the seats in the Assembly, and David Saul Marshall became the first Chief Minister of Singapore . Major problems with
12225-584: The Governor was replaced by the Yang di-Pertuan Negara (Head of State), who had power to appoint as Prime Minister the person most likely to command the authority of the Legislative Assembly, and other Ministers of the Cabinet on the Prime Minister's advice. The Constitution also created the post of the British High Commissioner, who was entitled to receive the agenda of each Cabinet meeting and to see all Cabinet papers. In
12388-527: The Japanese changed its image in the eyes of Singaporeans. British Military Administration ended on 1 April 1946, and Singapore became a separate Crown Colony . In July 1947, separate Executive and Legislative Councils were established and the election of six members of the Legislative Council was scheduled for the following year. During the 1950s, Chinese communists , with strong ties to
12551-621: The Linaburg-Maduell Transparency Index, a measure of the openness of government-owned investment funds. Temasek is primarily anchored in Asia, but with a global portfolio, with a 64% underlying exposure to developed economies. While Temasek is largely considered as being a sovereign wealth fund (SWF), there are major differences as it invests mostly in equities, is the outright owner of many assets and companies, and pays taxes like other commercial investment firms. Temasek's one-year total shareholder return (TSR)
12714-561: The MPs, acting in accordance with the Prime Minister's advice. The Prime Minister may, by giving written directions, charge any Minister with responsibility for any department or subject. In practice, this is done by issuing notifications that are published in the Government Gazette . For instance, the Constitution of the Republic of Singapore (Responsibility of Senior Minister and Co-ordinating Minister for National Security, Prime Minister's Office) Notification 2009 states: It
12877-679: The Ministry of Law had three departments (the Chief Information Officer's Office, Insolvency and Public Trustee's Office and Legal Aid Bureau), three boards and tribunals (the Appeals Board for Land Acquisitions, Copyright Tribunal and Land Surveyors Board), and two statutory boards (the Intellectual Property Office of Singapore and Singapore Land Authority ). The First Lawrence Wong Cabinet
13040-667: The Official Members. In 1956, members of the Legislative Assembly held constitutional talks with the Colonial Office in London. The talks broke down as Marshall did not agree to the British Government's proposal for the casting vote on a proposed Defence Council to be held by the British High Commissioner to Singapore, who would only exercise it in an emergency. Marshall resigned as Chief Minister in June 1956, and
13203-732: The PA's board of management is empowered to designate the Chairman of a CDC to be the Mayor for the district that the CDC is appointed for. As it is the practice for MPs to be appointed as Chairmen of CDCs, these MPs have also been designated as Mayors. As of 25 July 2020, the Mayors are: Even if Mayors are required to vacate their seats in Parliament because Parliament has been dissolved or otherwise, they continue to hold office until their terms of office expire or they are directed to vacate their office by
13366-581: The PAP drop to 61% of the vote, while the Workers' Party took 10 of the 93 seats, the highest number ever won by another party. On 15 May 2024, Lawrence Wong became Singapore's fourth Prime Minister; he is the first prime minister born after independence. Singapore is a parliamentary republic based on the Westminster system . The Constitution of Singapore is the supreme law of the country, establishing
13529-567: The People's Action Party has led to Singapore being described by academics as an illiberal democracy , or a soft-authoritarian state in which the PAP faces little to no feasible political competition to its rule of the country. The multi-party democratic process of Singapore has been described as "minimal" in comparison to the state's focus on economic development and social order. According to Gordon P. Means, professor emeritus of political science at McMaster University , Singapore reinvented
13692-488: The Prime Minister to be in charge of particular ministries , or as Ministers in the Prime Minister's Office . Such Ministers were formerly known as Ministers without portfolio . The Prime Minister may retain any department or subject in their charge. Some Ministers are appointed as Second Ministers for portfolios other than their own to assist the primary Minister in their duties. For instance, on 1 April 2009 during
13855-433: The Prime Minister to dissolve Parliament, Parliamentary General Elections are held to elect members of Parliament for a new term. The President, in their discretion, then appoints a Prime Minister who is a member of Parliament representing any political party or coalition of political parties who in their judgement is likely to command the confidence of the majority of the members of Parliament. The Prime Minister then forms
14018-876: The Prisons Regulations pursuant to the Delegation of Powers (Ministry of Home Affairs) (Consolidation) Notification. A statutory board is an autonomous agency of the Government that is established by an Act of Parliament and overseen by a government ministry. The Act sets out the purposes, powers and rights of the agency. Unlike ministries and government departments that are subdivisions of ministries, statutory boards may not be staffed by civil servants and have greater independence and flexibility in their operations. They are managed by boards of directors whose members usually include businessmen, professionals, senior civil servants and officials of trade unions. The Agency for Science, Technology and Research (A*STAR),
14181-630: The Rendel Constitution were that the Chief Minister and ministers' powers were ill-defined, and that the Official Members retained control of the finance, administration, and internal security and law portfolios. This led to confrontation between Marshall, who saw himself as a Prime Minister governing the country, and the Governor , Sir John Fearns Nicoll , who felt that important decisions and policies should remain with himself and
14344-623: The Rendel Constitutional Commission under the chairmanship of Sir George William Rendel , which had been appointed to comprehensively review the constitution of the Colony of Singapore, rendered its report. Among other things, it recommended that a Council of Ministers be created, composed of three ex officio Official Members and six Elected Members of the Legislative Assembly of Singapore appointed by
14507-652: The Singapore Government to create the Singapore Armed Forces (SAF) from scratch, and Israeli instructors were brought in to train Singaporean soldiers. Military courses were conducted according to the IDF's format, and Singapore adopted a system of conscription and reserve service based on the Israeli model . Singapore still maintains strong security ties with Israel and is one of the biggest buyers of Israeli arms and weapons systems, with one recent example being
14670-518: The Singapore Government, including a bird park , a hotel, a shoemaker, a detergent producer, naval yards converted into a ship repair business, a start-up airline, and an iron and steel mill. Temasek's 2006 acquisition of Shin Corporation , owned by the family of then Thai prime minister Thaksin Shinawatra , was particularly controversial, with protestors burning effigies of Lee and Ho on
14833-471: The Temenggong's help, Raffles managed to smuggle Tengku Long back into Singapore. Raffles offered to recognise Tengku Long as the rightful Sultan of Johor, under the title of Sultan Hussein , as well as provide him with a yearly payment of $ 5000 and another $ 3000 to the Temenggong; in return, Sultan Hussein would grant the British the right to establish a trading post on Singapore. The Treaty of Singapore
14996-562: The US-led coalition to fight terrorism, with bilateral co-operation in counter-terrorism and counter-proliferation initiatives, and joint military exercises. As Singapore has diplomatic relations with both the United States and North Korea , and was one of the few countries that have relationships with both countries, in June 2018, it hosted a historic summit between US President Donald Trump and North Korean leader Kim Jong-un ,
15159-630: The United Kingdom. According to the 2024 Global Peace Index , Singapore is the 5th most peaceful country in the world. Capital punishment is a legal and enforced penalty in Singapore. The country is one of four in the developed world to retain the death penalty, along with the United States , Japan and Taiwan . Particularly, its use against drug trafficking has been a source of contention with non-governmental organisations such as Amnesty International and Human Rights Watch . The government has responded that it has "no doubts" that it
15322-773: The United States are: Luke Air Force Base in Arizona , Marana in Arizona, Mountain Home Air Force Base in Idaho , and Andersen Air Force Base in Guam . The SAF has sent forces to assist in operations outside the country, in areas such as Iraq , and Afghanistan , in both military and civilian roles. In the region, they have helped to stabilise East Timor and have provided aid to Aceh in Indonesia following
15485-488: The absence of any provision of law to the contrary, with the approval of the President and by notification in the Government Gazette , depute any person by name or the person for the time being discharging the duties of an office designated by him to exercise that power or perform that duty on behalf of the Minister subject to such conditions, exceptions and qualifications as the President may determine. For instance, under
15648-512: The board of management of the People's Association (PA) for districts in Singapore . Where there are not less than 150,000 residents in a district, the PA's board of management may designate the chairman of a CDC to be the mayor for the district that the CDC is appointed for. As it is the practice for Members of Parliament (MPs) to be appointed as Chairmen of CDCs, these MPs have also been designated as mayors. There are currently five districts in
15811-452: The ceremonial duties of the Head of State inherited from the Westminster system . The Cabinet, consisting of the Prime Minister and ministers appointed by the President on the Prime Minister's advice, is responsible for heading the Executive through ministries and other statutory boards . At the end of the term or at any time during the term, once the President has consented to a request made by
15974-432: The circulation of foreign newspapers deemed to have engaged in domestic politics . The Constitution defines the Government of Singapore as the President and the Cabinet of Singapore. The executive authority of Singapore is vested in the President and is exercisable by them or by the Cabinet of Singapore or any Minister authorised by the Cabinet. However, the President normally plays a nominal and largely ceremonial role in
16137-615: The country's third prime minister. Lee Hsien Loong's tenure included the 2007–2008 financial crisis , the resolution of a dispute over land ownership at Tanjong Pagar railway station between Singapore and Malaysia, the introduction of the two integrated resorts (IRs), located at the Marina Bay Sands and Resorts World Sentosa , and the COVID-19 pandemic . The PAP suffered its worst ever electoral results in 2011, winning just 60% of votes, amidst debate over issues including
16300-403: The country. From the founding of contemporary Singapore in 1819, Singapore was headed by two residents in succession. Following Singapore's amalgamation into the Straits Settlements in 1826, it was governed by a governor together with a legislative council . An executive council of the Straits Settlements was introduced in 1877 to advise the governor but wielded no executive power. In 1955,
16463-415: The cultural identities of the major ethnic groups within the nation, Singapore has four official languages : English , Malay , Mandarin , and Tamil . English is the common language , with exclusive use in numerous public services . Multi-racialism is enshrined in the constitution and continues to shape national policies in education, housing, and politics. Singapore is a parliamentary republic in
16626-750: The death penalty is by no means uncontested internationally" and that the report contains "grave errors of facts and misrepresentations". From 1938 to 2023, sexual relations between men were technically illegal under Section 377A of the Penal Code , first introduced during British colonial rule. During the last few decades, this law was mostly unenforced and pressure to repeal it increased as homosexuality became more accepted by Singaporean society. Meanwhile, sexual relations between women had always been legal. In 2022, Prime Minister Lee Hsien Loong announced that Singapore would repeal 377A, effectively decriminalising homosexual behaviour. Nevertheless, he added that
16789-530: The delivery of fresh water to Singapore, and access by the Singapore Armed Forces to Malaysian airspace. Border issues exist with Malaysia and Indonesia, and both have banned the sale of marine sand to Singapore over disputes about Singapore's land reclamation. Some previous disputes, such as the Pedra Branca dispute , have been resolved by the International Court of Justice . Piracy in
16952-594: The end of the 14th century, its ruler Parameswara was attacked by either the Majapahit or the Siamese, forcing him to move to Malacca where he founded the Sultanate of Malacca . Archaeological evidence suggests that the main settlement on Fort Canning Hill was abandoned around this time, although a small trading settlement continued in Singapore for some time afterwards. In 1613, Portuguese raiders burned down
17115-402: The executive branch of government. Although the President acts in their own personal discretion in the exercise of certain functions as a check on the Cabinet and Parliament of Singapore, they are otherwise required to act in accordance with the advice of the Cabinet or of a Minister acting under the general authority of the Cabinet. It is the Cabinet that has the general direction and control of
17278-403: The federation two years later; Singapore became an independent sovereign country in 1965. After early years of turbulence and despite lacking natural resources and a hinterland , the nation rapidly developed to become one of the Four Asian Tigers . As a highly developed country , it has one of the highest GDP per capita (PPP) in the world. It is also identified as a tax haven . Singapore
17441-457: The fighting for Singapore were heavy, with a total of nearly 85,000 personnel captured. About 5,000 were killed or wounded, of which Australians made up the majority. Japanese casualties during the fighting in Singapore amounted to 1,714 killed and 3,378 wounded. The occupation was to become a major turning point in the histories of several nations, including those of Japan , Britain , and Singapore. Japanese newspapers triumphantly declared
17604-800: The first-ever meeting between the sitting leaders of the two nations. It also hosted the Ma–Xi meeting in 2015, the first meeting between the political leaders of the two sides of the Taiwan Strait since the end of the Chinese Civil War in 1950. The Singaporean military, arguably the most technologically advanced in Southeast Asia, consists of the Army , the Navy , the Air Force and
17767-555: The formal surrender of Japanese forces in the region from General Seishirō Itagaki on behalf of General Hisaichi Terauchi on 12 September 1945. Meanwhile, Tomoyuki Yamashita was tried by a US military commission for war crimes, but not for crimes committed by his troops in Malaya or Singapore. He was convicted and hanged in the Philippines on 23 February 1946. Much of the infrastructure in Singapore had been destroyed during
17930-561: The government's Economic Development Board (EDB) also bought minority stakes in a variety of local companies. During the first ten years after independence, the government acquired or established several companies, such as the Keppel Corporation (originally Keppel Shipyard, taken over from the Royal Navy after the British military withdrawal from Singapore), ST Engineering (originally a weapon manufacturer set up to supply
18093-537: The influx of foreign workers and the high cost of living. On 23 March 2015, Lee Kuan Yew died , and a one-week period of public mourning was observed nationwide. Subsequently, the PAP regained its dominance in Parliament through the September general election , receiving 69.9% of the popular vote, although this remained lower than the 2001 tally of 75.3% and the 1968 tally of 86.7%. The 2020 election held in July saw
18256-439: The introduction of the non-constituency members of parliament in 1984 to allow up to three losing candidates from opposition parties to be appointed as MPs. Group representation constituencies (GRCs) were introduced in 1988 to create multi-seat electoral divisions, intended to ensure minority representation in parliament. Nominated members of parliament were introduced in 1990 to allow non-elected non-partisan MPs. The constitution
18419-546: The island became a global centre for rubber sorting and export. Singapore was not greatly affected by the First World War (1914–18), as the conflict did not spread to Southeast Asia . The only significant event during the war was the 1915 Singapore Mutiny by Muslim sepoys from British India, who were garrisoned in Singapore. After hearing rumours that they were to be sent to fight the Ottoman Empire ,
18582-498: The legal tradition established during British rule and with substantial local differences. Criminal law is based on the Indian Penal Code originally intended for British India , and was at the time as a crown colony also adopted by the British colonial authorities in Singapore and remains the basis of the criminal code in the country with a few exceptions, amendments and repeals since it came into force. Trial by jury
18745-477: The main island, training involving activities such as live firing and amphibious warfare are often carried out on smaller islands, typically barred to civilian access. However, large-scale drills, considered too dangerous to be performed in the country, have been performed in other countries such as Brunei, Indonesia, Thailand and the United States. In general, military exercises are held with foreign forces once or twice per week. Due to airspace and land constraints,
18908-469: The merger would prevent Singapore from becoming a haven for communism. To obtain a mandate for a merger, the PAP held a referendum on the merger . This referendum included a choice of different terms for a merger with Malaysia and had no option for avoiding merger altogether. On 16 September 1963, Singapore joined with Malaya, the North Borneo, and Sarawak to form the new Federation of Malaysia under
19071-672: The merger, the Singaporean government and the Malaysian central government disagreed on many political and economic issues. Despite an agreement to establish a common market, Singapore continued to face restrictions when trading with the rest of Malaysia. In retaliation, Singapore did not extend to Sabah and Sarawak the full extent of the loans agreed to for economic development of the two eastern states. Talks soon broke down, and abusive speeches and writing became rife on both sides. This led to communal strife in Singapore, culminating in
19234-511: The minister, the board is required to appoint a chief executive officer who is responsible to the Board for the proper administration and management of the Board's affairs in accordance with the policy laid down by the Board. The board is entitled to appoint employees and officers on such terms as to remuneration or otherwise as it may determine, and to engage other persons and pay for their services as it considers necessary for carrying out its functions and duties. The People's Association (PA)
19397-527: The new country, the development of its military forces became a priority. In addition, in October 1971, Britain pulled its military out of Singapore, leaving behind only a small British, Australian and New Zealand force as a token military presence. A great deal of initial support came from Israel , a country unrecognised by Singapore's neighbouring Muslim-majority nations of Malaysia and Indonesia. The Israel Defense Forces (IDF) commanders were tasked by
19560-708: The new port. The island was then nominally ruled by Tengku Abdul Rahman , the Sultan of Johor , who was controlled by the Dutch and the Bugis . However, the Sultanate was weakened by factional division: Abdul Rahman , the Temenggong of Johor to Tengku Abdul Rahman, as well as his officials, were loyal to the Sultan's elder brother Tengku Long , who was living in exile in Penyengat Island , Riau Islands . With
19723-407: The next half-century. Economic growth continued throughout the 1980s, with the unemployment rate falling to 3% and real GDP growth averaging at about 8% up until 1999. During the 1980s, Singapore began to shift towards high-tech industries, such as the wafer fabrication sector, in order to remain competitive as neighbouring countries began manufacturing with cheaper labour. Singapore Changi Airport
19886-401: The people of Singapore; and advising the PA on matters affecting the well-being of residents in districts, the provision and use of public facilities and services within districts, and the use of public funds allocated to districts for community activities. Each CDC consists of a chairman and between 12 and 80 other members. Where the number of residents in a district is not less than 150,000,
20049-451: The performance of their functions. In addition, the Constitution provides that the President, acting in accordance with the advice of the Prime Minister, may appoint Parliamentary Secretaries from among the MPs to assist Ministers in the discharge of their duties and functions. Such office holders are not regarded as members of the Cabinet. Where in any written law a Minister is empowered to exercise any power or perform any duty, he may, in
20212-565: The person most likely to command the authority of the assembly, and other ministers of the Cabinet on the prime minister's advice. In the 1959 general elections , the People's Action Party (PAP) swept to power with 43 out of the 51 seats in the assembly, and Lee Kuan Yew became the first prime minister of Singapore. The executive branch of the Singapore Government remained unchanged following Singapore's merger with Malaysia in 1963, and subsequent independence in 1965. The PAP has been returned to power in every general election and has thus formed
20375-517: The population has also affected the way the SAF has been designed, with a small active force and a large number of reserves. Singapore has conscription for all able-bodied males at age 18, except those with a criminal record or who can prove that their loss would bring hardship to their families. Males who have yet to complete pre-university education, are awarded the Public Service Commission (PSC) scholarship, or are pursuing
20538-655: The press as well as some civil and political rights. In 2023, Singapore was ranked 129th out of 180 nations by Reporters Without Borders on the global Press Freedom Index . Freedom House ranks Singapore as "partly free" in its Freedom in the World report, and the Economist Intelligence Unit ranks Singapore as a "flawed democracy", the second freest rank of four, in its " Democracy Index ". All public gatherings of five or more people require police permits, and protests may legally be held only at
20701-442: The public nor elites had experience with democracy" helped create Singapore's political culture, as dominated by status-focused hierarchies committed to economic development. The legacy of Asian values and the limited political culture within Singapore has led to the country being described as "classic illustration of soft authoritarianism", and "profoundly illiberal". The judicial system is based on English common law , continuing
20864-704: The public service. In such urgent cases, the governor had to inform the council of the measures he had taken. During the Second World War , the Japanese Empire invaded Singapore; the Japanese were victorious and set up their own government for a few years. Following the Second World War, the Straits Settlements were disbanded and Singapore became a Crown colony in its own right. The reconstituted Executive Council consisted of six officials and four nominated "unofficials". In February 1954,
21027-453: The repeal will not affect the recognition of "traditional familial and societal norms," including how marriage is defined, leaving the legal status of same-sex marriage unchanged for the time, although the possibility of civil unions was not officially ruled out. Lee described this as a compromise between the conservative (and often religious) and progressive elements of Singaporean society to prevent further political fracturing. The law
21190-736: The right to appoint, terminate, or renew the members of Temasek's board of directors. In most other respects, however, Temasek operates as an independent commercial investment holding company. In a 2009 speech, Ho Ching , then Temasek Holdings' Executive Director and CEO, said that the company had made an effort to instill discipline and professionalism, and to be tested and measured by providing public markers of performance. She noted that Temasek's bonds spreads and credit ratings have been regularly and independently monitored as public markers of Temasek's financial position and credit risks. Temasek had also openly and accurately disclosed its financial information through its annual report (although Ho said that, as
21353-644: The same sex were not wrong at all or not wrong most of the time, up from 10% in 2013. The survey found that 27% felt the same way about same-sex marriage (an increase from 15% in 2013) and 30% did so about same-sex couples adopting a child (an increase from 24% in 2013). In 2021, six Singaporeans protested for improved trans protections in the educational system outside the Ministry of Education headquarters at Buona Vista . Pimps often traffic women from neighbouring countries such as China , Malaysia and Vietnam at their brothels as well as rented apartments and hostels for higher profit margins when they get
21516-481: The settlement, and the island faded into obscurity for the next two centuries. By then, Singapore was nominally part of the Johor Sultanate . The wider maritime region and much trade was under Dutch control for the following period after the 1641 Dutch conquest of Malacca . The British governor Stamford Raffles arrived in Singapore on 28 January 1819 and soon recognised the island as a natural choice for
21679-842: The south along with the Riau Islands in Indonesia , the South China Sea to the east, and the Straits of Johor along with the State of Johor in Malaysia to the north. Singapore's history dates back at least eight hundred years, having been a maritime emporium known as Temasek and subsequently a major constituent part of several successive thalassocratic empires. Its contemporary era began in 1819, when Stamford Raffles established Singapore as an entrepôt trading post of
21842-444: The stake was not disclosed. In February 2019, Temasek invested in Zilingo . Temasek purchased 30 per cent of Haldor Topsoe's shares in March 2019. The investment company was selected in recognition of the value that it would add through its deep insights and connections in Asian growth and other emerging markets, according to the Danish engineering firm. The transaction price was not disclosed. In August 2020, Temasek Holdings added
22005-399: The streets of Bangkok. The deal was a factor in exacerbating the Thai political crisis , which eventually led to the downfall of Thaksin and a review of the transaction's legality. The military junta that overthrew Thaksin later tried unsuccessfully to force Temasek to divest a large part of its investment in Shin Corp. As of 2015, Temasek's stake in Intouch Corporation (as Shin Corporation
22168-433: The structure and responsibility of governance. The President is the head of state . The governance of Singapore is separated into three branches: The president is directly elected by popular vote for a renewable six-year term. Requirements for this position, which were enacted by the PAP government, are extremely stringent, such that only a handful of people qualify for the candidacy. These qualifications include that
22331-449: The subject of academic debates, it is nevertheless known from various documents that Singapore in the 14th century, then known as Temasek , was a trading port under the influence of both the Majapahit Empire and the Siamese kingdoms, and was a part of the Indosphere . These Indianised kingdoms were characterised by surprising resilience, political integrity and administrative stability. Historical sources also indicate that around
22494-402: The terms of the Malaysia Agreement . Under this Agreement, Singapore had a relatively high level of autonomy compared to the other states of Malaysia. Indonesia opposed the formation of Malaysia due to its own claims over Borneo and launched Konfrontasi ("Confrontation" in Indonesian) in response to the formation of Malaysia. On 10 March 1965, a bomb planted by Indonesian saboteurs on
22657-479: The trade unions and Chinese schools, waged a guerrilla war against the government, leading to the Malayan Emergency . The 1954 National Service riots , Hock Lee bus riots , and Chinese middle schools riots in Singapore were all linked to these events. David Marshall , pro-independence leader of the Labour Front , won Singapore's first general election in 1955. He led a delegation to London , and Britain rejected his demand for complete self-rule. He resigned and
22820-425: The two. It was thought that reuniting with Malaya would benefit the economy by creating a common market, alleviating ongoing unemployment woes in Singapore. However, a sizeable left-wing faction of the PAP was strongly opposed to the merger, fearing a loss of influence, and hence formed the Barisan Sosialis , after being kicked out from the PAP. The ruling party of Malaya, United Malays National Organisation (UMNO),
22983-483: The value of their $ 275 million investment in FTX to zero. In February 2022, Temasek led a $ 200 million fundraising round for a Singaporean cryptocurrency financing company, Amber Group. In May 2022, Temasek was finalizing talks to lead a $ 50 million financing round for DotPe, an Indian startup backed by Google . The same year, the company together with Ventury Partners led a $ 108 million financing round for Indian startup Country Delight . In August 2022, Temasek leads
23146-575: The victory as deciding the general situation of the war. Between 5,000 and 25,000 ethnic Chinese people were killed in the subsequent Sook Ching massacre . British forces had planned to liberate Singapore in 1945/1946; however, the war ended before these operations could be carried out. After the Japanese surrender to the Allies on 15 August 1945, Singapore fell into a brief state of violence and disorder; looting and revenge-killing were widespread. British, Australian, and Indian troops led by Lord Louis Mountbatten returned to Singapore to receive
23309-410: The war, including those needed to supply utilities. A shortage of food led to malnutrition, disease, and rampant crime and violence. A series of strikes in 1947 caused massive stoppages in public transport and other services. However, by late 1947 the economy began to recover, facilitated by a growing international demand for tin and rubber. The failure of Britain to successfully defend its colony against
23472-459: Was 1.60%, with longer term 10-year and 20-year TSRs at 6% and 7% respectively, compounded annually. Its TSR since inception was 14%, compounded over 50 years. In addition to Temasek, the Government of Singapore also owns GIC Private Limited , a traditional SWF which manages about US$ 744 billion (S$ 1.006 trillion) of assets as of 2022 and the compulsory pension programme Central Provident Fund (CPF) with assets of US$ 397 billion (S$ 540 billion), giving
23635-494: Was abolished in 1970. Singapore is known for its strict laws and conservative stances on crime; both corporal punishment (by caning ) and capital punishment (by hanging ) are retained and commonly used as legal penalties. The right to freedom of speech and association is guaranteed by Article 14(1) of the Constitution of Singapore , although there are provisions in the subsequent subsection that regulate them. The government has restricted freedom of speech and freedom of
23798-420: Was amended in 1991 to provide for an elected president who has veto power in the use of past reserves and appointments to certain public offices. In 1990, Goh Chok Tong succeeded Lee and became Singapore's second prime minister. During Goh's tenure, the country went through the 1997 Asian financial crisis and the 2003 SARS outbreak. In 2004, Lee Hsien Loong , the eldest son of Lee Kuan Yew , became
23961-541: Was established on 1 August 1993 with the enactment of the National Heritage Board Act. Section 3 of the Act states: "There shall be established a body to be known as the National Heritage Board which shall be a body corporate with perpetual succession and shall, by that name, be capable of—(a) suing and being sued; (b) acquiring, owning, holding, developing and disposing of property, both movable and immovable ; and (c) doing and suffering all such acts or things as bodies corporate may lawfully do or suffer." The functions of
24124-432: Was fully occupied with defending Britain, leaving Singapore vulnerable to Japanese invasion . During the Pacific War , the Japanese invasion of Malaya culminated in the Battle of Singapore . When the British force of 60,000 troops surrendered on 15 February 1942, British prime minister Winston Churchill called the defeat "the worst disaster and largest capitulation in British history". British and Empire losses during
24287-456: Was granted in 1959. The PAP, self-described as pragmatic, have a syncretic ideology combining free-market principles , civil nationalism , and welfarism . Despite promulgating restrictions on civil liberties, Singapore under the PAP has seen consistent economic growth and political stability. The most represented and popular opposition party is the centre-left Workers' Party , which holds 8 seats in Parliament. The long-standing hegemony of
24450-409: Was introduced in 1877 by letters patent issued by the Crown , Composed of "such persons and constituted in such manner as may be directed" by royal instructions, it existed to advise the governor and wielded no executive power. The governor was required to consult the executive council on all affairs of importance unless they were too urgent to be laid before it, or if reference to it would prejudice
24613-403: Was nonetheless the largest dry dock in the world, the third-largest floating dock , and had enough fuel tanks to support the entire British navy for six months. The base was defended by heavy 15-inch (380 mm) naval guns stationed at Fort Siloso , Fort Canning and Labrador, as well as a Royal Air Force airfield at Tengah Air Base . Winston Churchill touted it as the " Gibraltar of
24776-413: Was officially repealed on 3 January 2023. Pink Dot SG , an event held in support of the LGBT community, has drawn thousands of people annually since 2009 with increasing attendance. According to a survey conducted by the Institute of Policy Studies in 2019, Singaporean society has become more liberal on LGBT rights. In the survey, more than 20% of people said that sexual relations between adults of
24939-399: Was one of the earliest references to Singapore Island, which corresponds to a Chinese account from the third century referred to a place as Pú Luó Zhōng ( Chinese : 蒲 羅 中 ), a transcription of the Malay name for 'island at the end of a peninsula '. Early references to the name Temasek (or Tumasik) are found in the Nagarakretagama , a Javanese eulogy written in 1365, and
25102-488: Was opened in 1981 and Singapore Airlines was formed. The Port of Singapore became one of the world's busiest ports and the service and tourism industries also grew immensely during this period. The PAP has remained in power since independence. Some activists and opposition politicians see the government's strict regulation of political and media activities as an infringement on political rights. In response, Singapore has seen several significant political changes, such as
25265-444: Was ratified by Calcutta on 4 March 1825. Between 1819 and 1826, Singapore was headed by two Residents of Singapore in succession, Maj.-Gen. William Farquhar and Dr. John Crawfurd . In 1826, Malacca, Penang and Singapore were amalgamated into the Straits Settlements , which were made a Crown colony with effect from 1 April 1867. The colony was governed by a governor together with a legislative council . An executive council
25428-413: Was renamed) had reduced to 42%. In 2016, Temasek sold a further 21% stake in Intouch Holdings, the Thai telecoms conglomerate formerly known as Shin Corp. Beginning in 2015, Temasek began making large investments in agricultural and agricultural-related companies and ventures. In June 2018, Temasek invested S$ 340 million in a minority stake in UST Global, a digital technology services company. The size of
25591-512: Was replaced by Lim Yew Hock in 1956, and after further negotiations Britain agreed to grant Singapore full internal self-government for all matters except defence and foreign affairs on 3 June 1959. Days before, in the 30 May 1959 election , the People's Action Party (PAP) won a landslide victory. Governor Sir William Allmond Codrington Goode served as the first Yang di-Pertuan Negara (Head of State). PAP leaders believed that Singapore's future lay with Malaya, due to strong ties between
25754-499: Was replaced by Lim Yew Hock . The following year, Lim led another delegation to the UK for further talks on self-government. This time, agreement was reached on the composition of an Internal Security Council. Other constitutional arrangements were swiftly settled in 1958, and on 1 August the Parliament of the United Kingdom passed the State of Singapore Act 1958 , granting the colony full internal self-government. Under Singapore's new constitution which came into force on 3 June 1959,
25917-439: Was revested in the Yang di-Pertuan Negara of Singapore. The Republic of Singapore Independence Act 1965 then vested the executive authority of Singapore in the newly created post of President, and made it exercisable by him or by the Cabinet or by any Minister authorised by the Cabinet. The PAP has been repeatedly returned to power by voters and has thus formed the Cabinet since Singapore's 1959 general election . The Government
26080-559: Was second only to New Zealand in the Asia-Pacific region. On the other hand, the Government has been criticised for using unfair election tactics, such as discouraging voting for opposition parties in the 2006 general election by stating that wards that elect opposition candidates will receive state-subsidized improvements to public housing only after all PAP-held wards have been attended to. It has also been accused of violating freedom of speech through Ministers bringing defamation suits against opposition politicians, and by restricting
26243-427: Was signed on 6 February 1819. In 1824, a further treaty with the Sultan led to the entire island becoming a part of the British Empire . In 1826, Singapore became part of the Straits Settlements , then under the jurisdiction of British India . Singapore became the regional capital in 1836. Prior to Raffles' arrival, there were only about a thousand people living on the island, mostly indigenous Malays along with
26406-410: Was staunchly anti-communist, and it was suspected UMNO would support the non-communist factions of PAP. UMNO, initially sceptical of the idea of a merger due to distrust of the PAP government and concern that the large ethnic Chinese population in Singapore would alter the racial balance in Malaya on which their political power base depended, became supportive of the idea of the merger due to joint fear of
26569-422: Was the Governor of Bencoolen (now Bengkulu , Indonesia ), entered into a preliminary agreement with the Temenggung of Johor , Abdul Rahman Sri Maharajah, for the British East India Company to establish a " factory " or trading post on the island of Singapore . This was confirmed by another agreement signed by Raffles, the Temenggung and Sultan Hussein Shah on 6 February. In June 1823 Singapore ceased to be
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