The islands were settled in the second century AD and subsequently belonged to a series of local empires. Modern Singapore was founded in 1819 by Sir Stamford Raffles as a trading post of the East India Company; after the company collapsed, the British obtained sovereignty of the islands in 1824, and Singapore became one of the British Straits Settlements in 1826. Occupied by the Japanese during World War II, Singapore became independent from the United Kingdom in 1963 by uniting with other former British territories to form Malaysia, but was expelled two years later over ideological differences. After experiencing turbulence in its early years as a nation, and despite insufficient natural resources and no hinterland, Singapore embarked on a path of development, as an Asian tiger economy, based on external trade and its human capital.
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Tuesday, August 4, 2015
Singapore
The islands were settled in the second century AD and subsequently belonged to a series of local empires. Modern Singapore was founded in 1819 by Sir Stamford Raffles as a trading post of the East India Company; after the company collapsed, the British obtained sovereignty of the islands in 1824, and Singapore became one of the British Straits Settlements in 1826. Occupied by the Japanese during World War II, Singapore became independent from the United Kingdom in 1963 by uniting with other former British territories to form Malaysia, but was expelled two years later over ideological differences. After experiencing turbulence in its early years as a nation, and despite insufficient natural resources and no hinterland, Singapore embarked on a path of development, as an Asian tiger economy, based on external trade and its human capital.


