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The Sultan of Singapore, Abdul Rahman, was under relatively tight Dutch control and as such, could not allow for the British to set up any trading post in Singapore. However Raffles formulated a plan through which the Sultan’s elder brother would be able to take up the sultanate. Sultan Abdul Rahman’s elder brother Tengku Hussein Shah was supposed to be the rightful ruler due to his having been the eldest son (Rahim, 2010).
Sir Raffles drew up papers that effectively recognized Hussein Shah as being the lawful sultan of not only Johor, but also Singapore. After recognizing Hussein Shah as sultan, Sir Stamford Raffles signed a treaty in February 1819 with Hussein Shah and Temenggong Abdul Rahman, the treaty declared the approval the establishment of a British East India Company trading post in Singapore (Rahim, 2010). The treaty also specified that Sultan Hussein Shah and the Temenggong would in turn receive an annual income from the British. In the establishment of this trading post, it can be noted that Sir Raffles undertook a number of drastic measures in what can be construed to be an indicator of the importance that Britain attributed to the establishment of this trading post (Yew, 2013). This paper will seek to establish why Sir Stamford Raffles and Britain wanted a trading post in Singapore.
The geographical location of Singapore is believed to have been one of the key reasons as to why the British essentially chose it as the location where they would set up a new port in the region. The Straits of Melaka had become an important trade route for British traders who would use it when travelling to China during the 19th century. The strait had proven to be a relatively great source of income for these British traders as a result of its facilitation of the lucrative opium-tea and silk trade with China (Yew, 2013). When using the route, British traders would travel from Europe, around the African continent to SEA,
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Many of us would be astonished to read that Singapore is also known for its special teaching methodology that encircles the training of human mind with a specific method of teaching known as the Singapore Math. History The history goes back to 1995, 1999, 2003 and the recent times when Singapore gained world attention regarding its distinctive methods that empower the pupils to standout from the crowd when it comes to number crunching and playing with mathematical equations and enigmas.
Ice merged types of the drinks, like the slushies, are as well offered, typically in fruit tastes. Pearl milk tea (PMT) is among the favorite types of bubble tea. This type is referred to as Boba milk tea in the United States of America. It comprises of small balls prepared by pearls that have tapioca starch.
The company has also made generous donations to various arts, sporting and educational activities. However, when compared with the social responsibility activities of other airlines considering their profitability, it appears that Singapore Airlines has been lagging behind.
Singapore comprises of the main island linked by a causeway as well as a bridge to the southern tip of Malaysia, and around fifty smaller islands. Singapore has grown astronomically to become one of the world’s most affluent places, characterized by glittering skyscrapers and a thriving port.
The country of Singapore certainly possesses a thriving economy, technological and skilled workforce, and an affluent populace. Singapore itself was founded in 1819 and, after a series of country agreements with the United Kingdom and Malaysia at separate times during its history, is now a fully independent republic (Henderson, Chee, Mun, & Lee 36).
88). It is known to be the densest country in the whole world with around 6500 people per square kilometer. This is majorly caused by the high rate of immigration with low death rate. The economy of Singapore is among the fastest growing economies in Asia with its GDP growing by 8% between the year 2004 and 2007 on average.
The most critical assumption underlying the design of this trading system is that the fund is having a risk appetite that represents a judicious mix of risk assumption and risk aversion. This implied that it is assumed that the fund would definitely be interested in riding a wave but not to the peak but obtain gains much before the peak and go short somewhere between the bottom and the peak.
This enabled me to achieve aspects of efficiency, flexibility and effective trading. The company also offers an excellent variety of services: I had the chance to experience an economical and flexible trading
Economically analyzing the situation in which an individual violates the insider trading laws can help in judging whether a penalty serves its purpose of discouraging violation of insider trading laws. An individual would commit such an act after weighing the