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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Bibliographic Details
Main Authors: Lim, Ching Ching, Sion, Hwei Li, Yeo, Lye Kim
Other Authors: Ng Beoy Kui
Format: Final Year Project (FYP)
Language:English
Published: 2014
Subjects:
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.
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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
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AT sionhweili roleofgovernmentintherestructuringofthesingaporeeconomy
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