Singapore: History

  1. 1819

    Sir Stamford Raffles of the British East India Company establishes a trading post on Singapore island.

  2. 1826

    Singapore, Malacca, and Penang are combined to form the British colony of the Straits Settlements.  

  3. 1869

    Trade booms in South East Asia as a result of the opening of the Suez Canal. 

  4. 1945

    Singapore falls under British military rule following the defeat of Japan.  The nation becomes a separate crown colony one year later.  

  5. 1965

    Singapore becomes an independent republic.  

  6. 1967

    Singapore is a founding member of the Association of Southeast Asian Nations (ASEAN).

  7. 1998

    As the Asian financial crisis hits, Singapore slips into a recession.

  8. 2002

    Singapore and Japan sign a free trade agreement.  

  9. 2003

    Singapore becomes the first Asian nation to sign a free trade agreement with the United States.

  10. 2005

    The government approves a controversial plan to legalize casino gambling, paving the way for the construction of two, multi-billion dollar casino resorts.

  11. 2014

    Singapore becomes the second country in the world after the U.S. to regulate virtual currencies such as bitcoins, in an attempt to prevent money-laundering.


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