Singapore: History

  1. 1819

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

  2. 1867

    The Straights Settlements, which include Singapore, Malacca, and Penang, become a crown colony of the British Empire.

  3. 1869

    The opening of the Suez Canal launches an era of prosperity for Singapore, as transit trade expands throughout Southeast Asia.

  4. 1959

    Singapore becomes a self-governing state.

  5. 1963

    Singapore joins the Federation of Malaysia.

  6. 1965

    Singapore becomes an independent territory and joins the United Nations.

  7. 1967

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

  8. 1998

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

  9. 2002

    Singapore signs a free trade agreement with Japan.

  10. 2003

    A free trade agreement is signed between the United States and Singapore, which is the first such agreement ever between the US and an Asian country.

  11. 2005

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

  12. 2010

    A World Bank annual report concludes that Singapore is the best country in the world to run a business in.


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