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Financial Institutions and Markets in Singapore

In: Financial Institutions and Markets in Southeast Asia

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  • Lee Sheng-Yi

Abstract

With a land mass of only 225 square miles, Singapore is often said to have no natural resources. The country’s geographical position and deep water harbour, however, offer some significant natural advantages. Situated at the tip of the Malayan Peninsula, for example, it is at the crossroads of commerce between East and West; between the Indian and the Pacific Ocean; between the Southern and Northern hemisphere; and in the midst of the archipelago of Southeast Asia. The port has allowed Singapore to develop into the natural trade centre for Southeast Asia, a position which has since been enhanced by the provision of excellent airport facilities and an up to date telecommunication system.

Suggested Citation

  • Lee Sheng-Yi, 1984. "Financial Institutions and Markets in Singapore," Palgrave Macmillan Books, in: Michael T. Skully (ed.), Financial Institutions and Markets in Southeast Asia, chapter 5, pages 226-295, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04118-3_5
    DOI: 10.1007/978-1-349-04118-3_5
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