Singapore or Republic of Singapore is a small country in the region the population is density. Singapore is a country of the ASEAN economic community with the economic strength. The economy of Singapore has the characteristics of open. The transport through ports that be ranked of the world. Although it is a country with few natural resources. But there are many industries that are considered strengths such as the electronics industry, production of oil drilling equipment, refined fuel, chemicals, food, the financial services, banking, construction and boat service.
At the same time, the weakness of Singapore is high of imports raw materials, shortage of lower-level workers and the cost of the business is high. That’s make Singapore trying to expand the economic structure to service sector to decrease dependence of exports.
Singapore's Government has attention to development countries with knowledge based economy and policies to create economic competitiveness and development the country as a center of business services.