Singapore Quick Facts
Singaporean Average Lifespan (2016)
Country Area (2016)
Buddhism, Islam, Christianity, Taoism, Hinduism
English, Malay, Mandarin, and Tamil
The Free Trade Agreement (FTA)allows Singapore's exporters and investors to enjoy various benefits such as tariff concessions, prioritized access to certain areas, faster access to markets and intellectual property (IP) protection. Australia (SAFTA), China (CSFTA), Costa Rica (SCRFTA), Gulf Cooperation Council for Arab States (GSFTA), Jordan Hashem Kingdom (SJFTA), India (CECA), Japan (JSEPA), Korea (KSFTA), New Zealand (ANZSCEP), Panama (PSFTA), Peru (PeSFTA), Switzerland, Liechtenstein, Norway and Iceland (ESFTA), Trans-Pacific Strategic Economic Partnership Agreement (Brunei New Zealand, Chile, Singapore), United States (USSFTA)
Singapore Research & Development
1991 -1995Invested 2 Billion Singapore DollarsDevelop Singapore into a research and development center.
1996 -2000Invested 4 Billion Singapore DollarsDevelop biotechnology and other research and development.
2001 -2005Invested 6 Billion Singapore DollarsDevelop biomedical and other technologies.
2006 -2010Invested 13.5 Billion Singapore DollarsContinue to invest in Research & Development.
2011 -2015Invested 16 Billion Singapore DollarsDevelop Technology, Support Enterprises. Develop Singapore into global research centre through human, intellectual property, industry development.
2016 -2020Invested 19 Billion Singapore DollarsContinue to invest in R&D, commercialize technologies and promote economy development.