Political parties and leaders:
governing party: People's Action Party or PAP [LEE Hsien Loong];
opposition parties: Democratic Progressive Party or DPP [LING How
Dong]; National Solidarity Party or NSP [vacant] (SDA group);
Singapore Democratic Alliance or SDA [CHIAM See Tong] (includes SPP,
PKMS, NSP, SJP); Singapore Democratic Party or SDP [CHEE Soon Juan];
Singapore Justice Party or SJP [Desmond LIM] (SDA group); Singapore
National Malay Organization or PKMS [Malik ISMAIL] (SDA group);
Singapore People's Party or SPP [CHIAM See Tong] (SDA group);
Workers' Party or WP [Sylvia Lim Swee LIAN]
Political pressure groups and leaders:
NA
International organization participation:
APEC, APT, ARF, AsDB, ASEAN, BIS, C, CP, G-77, IAEA, IBRD, ICAO,
ICC, ICFTU, ICRM, IDA, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol,
IOC, ISO, ITU, MIGA, NAM, OPCW, PCA, UN, UNCTAD, UPU, WCL, WCO, WHO,
WIPO, WMO, WTO
Diplomatic representation in the US: chief of mission: Ambassador CHAN Heng Chee chancery: 3501 International Place NW, Washington, DC 20008 telephone: [1] (202) 537-3100 FAX: [1] (202) 537-0876 consulate(s) general: San Francisco consulate(s): New York
Diplomatic representation from the US: chief of mission: Ambassador Franklin L. LAVIN embassy: 27 Napier Road, Singapore 258508 mailing address: FPO AP 96507-0001 telephone: [65] 6476-9100 FAX: [65] 6476-9340
Flag description:
two equal horizontal bands of red (top) and white; near the hoist
side of the red band, there is a vertical, white crescent (closed
portion is toward the hoist side) partially enclosing five white
five-pointed stars arranged in a circle
Economy Singapore
Economy - overview:
Singapore, a highly developed and successful free market economy,
enjoys a remarkably open and corruption-free environment, stable
prices, and a per capita GDP equal to that of the Big 4 West
European countries. The economy depends heavily on exports,
particularly in electronics and manufacturing. It was hard hit in
2001-03 by the global recession, by the slump in the technology
sector, and by an outbreak of Severe Acute Respiratory Syndrome in
2003, which curbed tourism and consumer spending. The government
hopes to establish a new growth path that will be less vulnerable to
the external business cycle and will continue efforts to establish
Singapore as Southeast Asia's financial and high-tech hub. Fiscal
stimulus, low interest rates, a surge in exports, and internal
flexibility led to vigorous growth in 2004, with real GDP rising by
8 percent, by far the economy's best performance since 2000.
GDP (purchasing power parity):
$120.9 billion (2004 est.)
GDP - real growth rate:
8.1% (2004 est.)