I have been looking for larger trends of late, the SGD (Singapore Dollar) is one that has caught my attention. Since I know little about Singapore, I figured I would take a look at some stuff before I started trading it. The point of the thread is something that I found at the following website: http://www.mas.gov.sg/about_us/annua...A17_OA&WIP.htm
It says "Singapore retained its position as the world’s fourth largest foreign exchange (FX) trading centre after London, New York and Tokyo."
Fourth? That is very surprising to me. That puts Singapore ahead of the EU cities such as Berlin and Paris, Sydney amongst others. I for one find it quite interesting.
I am curious how this came about? Singapore is a tiny country, an Island no less, yet has so tactically molded and integrated itself into the world economy. Is there anyone that lives in Singapore or has studied and or conducted business in Singapore that can give me some good depth filled details? To be more specific, details on the history of the economic growth, the policies and so forth they have in place that must be so attracting to outside businesses etc? I always find this stuff interesting and will conduct further reviews myself, though I also like to get live perspective from more interactive sources.
Thanks
It says "Singapore retained its position as the world’s fourth largest foreign exchange (FX) trading centre after London, New York and Tokyo."
Fourth? That is very surprising to me. That puts Singapore ahead of the EU cities such as Berlin and Paris, Sydney amongst others. I for one find it quite interesting.
I am curious how this came about? Singapore is a tiny country, an Island no less, yet has so tactically molded and integrated itself into the world economy. Is there anyone that lives in Singapore or has studied and or conducted business in Singapore that can give me some good depth filled details? To be more specific, details on the history of the economic growth, the policies and so forth they have in place that must be so attracting to outside businesses etc? I always find this stuff interesting and will conduct further reviews myself, though I also like to get live perspective from more interactive sources.
Thanks
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