Role of government in the restructuring of the Singapore economy
The Government plays a pivotal role in the restructuring of the Singapore economy. By ensuring a low rate of inflation as well as maintaining a healthy external balance, the Government has created a stable and conducive business environment. Against this backdrop, the Government also provides financ...
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Format: | Final Year Project (FYP) |
Language: | English |
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2014
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Online Access: | http://hdl.handle.net/10356/59353 |
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author | Lim, Ching Ching Sion, Hwei Li Yeo, Lye Kim |
author2 | Ng Beoy Kui |
author_facet | Ng Beoy Kui Lim, Ching Ching Sion, Hwei Li Yeo, Lye Kim |
author_sort | Lim, Ching Ching |
collection | NTU |
description | The Government plays a pivotal role in the restructuring of the Singapore economy. By ensuring a low rate of inflation as well as maintaining a healthy external balance, the Government has created a stable and conducive business environment. Against this backdrop, the Government also provides financial and tax incentives to stimulate the manufacturing, financial and tourism sectors. Most importantly, the wise leadership and support given by the Government has helped to steer the economy in the right direction. In addition, the Government encouraged multinationals corporations to base their headquarters in Singapore. The Growth Triangle concept was also mooted to complement the operational headquarter scheme. Finally, the Government spearheads the regionalisation drive and encourage companies to venture abroad in order to build a second wing for the Singapore economy. |
first_indexed | 2024-10-01T06:48:34Z |
format | Final Year Project (FYP) |
id | ntu-10356/59353 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2024-10-01T06:48:34Z |
publishDate | 2014 |
record_format | dspace |
spelling | ntu-10356/593532023-05-19T07:23:14Z Role of government in the restructuring of the Singapore economy Lim, Ching Ching Sion, Hwei Li Yeo, Lye Kim Ng Beoy Kui Nanyang Business School DRNTU::Business The Government plays a pivotal role in the restructuring of the Singapore economy. By ensuring a low rate of inflation as well as maintaining a healthy external balance, the Government has created a stable and conducive business environment. Against this backdrop, the Government also provides financial and tax incentives to stimulate the manufacturing, financial and tourism sectors. Most importantly, the wise leadership and support given by the Government has helped to steer the economy in the right direction. In addition, the Government encouraged multinationals corporations to base their headquarters in Singapore. The Growth Triangle concept was also mooted to complement the operational headquarter scheme. Finally, the Government spearheads the regionalisation drive and encourage companies to venture abroad in order to build a second wing for the Singapore economy. BUSINESS 2014-05-02T02:14:46Z 2014-05-02T02:14:46Z 1995 1995 Final Year Project (FYP) http://hdl.handle.net/10356/59353 en Nanyang Technological University 163 p. application/pdf |
spellingShingle | DRNTU::Business Lim, Ching Ching Sion, Hwei Li Yeo, Lye Kim Role of government in the restructuring of the Singapore economy |
title | Role of government in the restructuring of the Singapore economy |
title_full | Role of government in the restructuring of the Singapore economy |
title_fullStr | Role of government in the restructuring of the Singapore economy |
title_full_unstemmed | Role of government in the restructuring of the Singapore economy |
title_short | Role of government in the restructuring of the Singapore economy |
title_sort | role of government in the restructuring of the singapore economy |
topic | DRNTU::Business |
url | http://hdl.handle.net/10356/59353 |
work_keys_str_mv | AT limchingching roleofgovernmentintherestructuringofthesingaporeeconomy AT sionhweili roleofgovernmentintherestructuringofthesingaporeeconomy AT yeolyekim roleofgovernmentintherestructuringofthesingaporeeconomy |