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Singapore > Economics > Flashcards

Economics Flashcards

1
Q

What was sold from Europe in Singapore in XIX (5)

A
  • Cotton, wool
  • Iron, steel
  • Firearms
  • Glassware
  • Clocks
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2
Q

What was sold from China in Singapore in XIX (4)

A
  • Silk
  • Porcelain
  • Tea
  • Medecines
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3
Q

What was sold from India in Singapore in XIX (3)

A
  • Opium
  • Cotton
  • Clothes
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4
Q

What was sold from the Malay Archipelago in Singapore in XIX (5)

A
  • Spices
  • Rice
  • Coffee
  • Bird’s nests
  • Precious woods (such as sandalwood and teak)
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5
Q

Synonym of warehouse in Asia

A

Godown

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6
Q

The biggest container ports in the world

A

1) Shanghai
2) Singapore

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7
Q

Typical max price of COE

A

30,000 SGD [amazing]

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8
Q

Renewing COE

A

Possible for 5 years once

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9
Q

Economics of the Grand Prix in Singapore

A

Cost: 150M paid 60% by government
Benefits (including indirect) estimated to be ~130M [chasse délice, t’amasse]

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10
Q

GIRO : acronym

A

General Inter-bank Recurring Order

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11
Q

Income Tax in Singapore: range of tax rates

A

0 to 22%

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12
Q

Ma tranche d’impôt à Singapour : seuil et pourcentage

A

160k then 18%

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13
Q

Origin of CapitaLand

A

DBS real estate branch

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14
Q

CPF minimum contribution

A

20% of one’s wages and 17% from employers

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15
Q

Percentage of millionaires in Singapore

A

6%
[sticks]

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16
Q

Height of the new AXA Tower

A

305m

17
Q

History of rubber in Singapore

A

Saplings stolen from Brazil, grown in London and some planted in SG Botanic Garden. One of the directors gave seeds away to anybody that wanted hoping to develop its cultivation. A few decades later, this turned into a huge business

18
Q

The prestigious universities of Singapore

A

NUS
NTU (Nanyang Technological University)

19
Q

CPF acronym

A

Central Provident Fund

20
Q

GIC acronym

A

Government of Singapore Investment Corporation

21
Q

Sovereign funds of Singapore

A

Temasek, GIC & CPF

Singapore (12 decks)

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