The Republic of Singapore is an island country located on the southern tip of the Malay Peninsula. Singapore is the world’s fourth leading financial centre and a cosmopolitan world city, playing a key role in international trade and finance. The port of Singapore is one of the five busiest ports in the world. It has a diverse population of close to 5 million people made up of Chinese, Malays, Indians, Asians of various descents, and Caucasians. 42% of the population in Singapore are foreigners who work and study there. Foreign workers make up 50% of the service sector. The country is the second most densely populated in the world after Monaco. Singapore is one of the most globalized countries in the world. After independence, foreign direct investment and a state-led drive for industrialization created a modern economy. The Economist Intelligence Unit in its “Quality-Of-Life Index” ranks Singapore as having the best quality of life in Asia and eleventh overall in the world. Singapore possesses the world’s ninth largest foreign reserves. Singaporean economy has been growing rapidly and as a result the country has now one of the highest GDP per capita in the world. See more information here.