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7/28/2019 Singapore profile
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SingaporeTemplates for PowerPoint
7/28/2019 Singapore profile
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Country Profile
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Country Profile
CapitalSingapore
Official Languages
English
Malay
Chinese
Tamil
DemonymSingaporean
Area
Total 710 km2 (189th) 274 sq. mi
- Water (%) 1.444
Currency- Singapore Dollar
Population
- 2011 census
5,183,700 (of whom
3,257,000 are Singaporecitizens)[4]
- Density 7,315[5]/km2
(3rd)
18,943/sq. mt
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Singapore
Singapore is the 14th largest exporter and the
15th largest importer in the world. Historically,
international trade has strongly influenced the economy.
According to the WTO, Singapore has the highest
trade to GDP ratio in the world at 407.9 percent. Dueto its geostrategic location and developed port facilities,
a large volume of Singapore's merchandise exports
involve entrepot trade with 47 percent of exports
consisting of re-exports.
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Export Products
-Integrated Circuits
-Computers
-Computer parts and Accessories -Crude oil
-Ship and Aircraft bunkers
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Product Policy in Singapore
If you want to imports goods from overseas to retail in Singapore, you are
required to apply for both import permits and licenses for controlled goods.
To begin, you will need to make sure your business is already registered
with the Accounting and Corporate Regulatory Authority of Singapore
(ACRA). Your business, may be retail, must register as a sole
proprietorship, partnership or a private limited company. Two more things have to happen before you can start importing foods to in
Singapore. First, after you have the business registered with ACRA, you will
then activate your Custom Accounts using ACRA assigned Unique Entity
Number (UEN) and Singpass. Second, you will have to be registered as a
trader with Singapore Customs. As a trader you will be able to apply for
permits using TradeNet for each shipment of goods.
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Singapore Member
WTO
ASEAN Free Trade Area (AFTA),
ASEAN-Australia-New Zealand FTA (AANZFTA)
ASEAN-China FTA (ACFTA)
ASEAN-India FTA (AIFTA) ASEAN-Japan Comprehension Economic Partner (AJCEP)
ASEAN-Korea FTA (AKFTA)
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Asean Free Trade Areas(AFTA)
The primary goals of AFTA seek to:
Increase ASEAN's competitive edge as a
production base in the world market
through the elimination, within ASEAN,
of tariffs and non-tariff barriers; and
Attract more foreign direct investment to
ASEAN.
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MY Product is Marinao Palapa
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SWOT Analysis
StrengthMaintains Normal Bloodcirculation, Remedies Motion Sickness ,
improves absorption, Cold and flu
Prevention, Colon cancer prevention Burnof fats and it boost appetite
Weaknesses-Easy to imitate
Opportunity- Maranao foods will be wellknown international
Threats- existing products that are
available in the market.