Bak kut teh 2.4 Desalinated seawater Singapore business directory These policies often abdicate monetary policy to the foreign monetary authority or government as monetary policy in the pegging nation must align with monetary policy in the anchor nation to maintain the exchange rate The degree to which local monetary policy becomes dependent on the anchor nation depends on factors such as capital mobility openness credit channels and other economic factors. A wide variety of tropical fruits are available all year round By far the most well known is the durian known as the "King of Fruits" which produces a characteristic odour from the creamy yellow custard-like flesh within its spiky green or brown shell Durians are banned on public transport elevators certain hotels and public buildings because of their strong odour, 7 Named after Ptolemy home inflation rate = foreign inflation rate + rate of depreciation.
After the separation of Singapore from the Federation the Alliance leaders focused on continuing its policies One involved the Malay language which was the official language of Malaysia UMNO sought to reduce the reliance on English in government affairs In this it was aided by PAS the Pan-Malaysian Islamic Party which backed special rights for the Bumiputra and the strengthening of Islam's position in public affairs However the PAP's Malaysian branch which had now become Democratic Action Party (DAP) took a very strong stance against this and continued the expelled PAP's call for a "Malaysian Malaysia" In 1968 the newly formed Parti Gerakan Rakyat Malaysia or Gerakan led by Lim Chong Eu joined DAP. . Reports 11 See also Boshin War Ukiyo-E depicting the retreat of shogunate forces in front of the Imperial Army (Kangun) Yodo Castle is shown in the background. . Exports particularly in electronics chemicals and services including Singapore's position as the regional hub for wealth management provide the main source of revenue for the economy which allows it to purchase natural resources and raw goods which it lacks Moreover water is scarce in Singapore therefore it is defined as a precious resource along with the scarcity of land to be treated with land fill of Pulau Semakau Singapore has limited arable land, meaning that Singapore has to rely on the agrotechnology park for agricultural production and consumption Human resources is another vital issue for the health of the Singaporean economy the economy of Singapore ranks 2nd overall in the Scientific American Biotechnology ranking in 2014, with the featuring of Biopolis, 14 External links Reservoir water is treated through chemical coagulation rapid gravity filtration and disinfection.
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