Singapore is a high-income economy with a gross national income per capita of US$ 54,530, as of 2017. The country provides one of the world’s most business-friendly regulatory environments for local entrepreneurs and is ranked among the world’s most competitive economies.The overall growth of Singapore economy was 3.2 percent in 2018.
Singapore is strategically located as a trading hub connecting Asia, Australia, Europe, the Middle East and the US. Singapore is one of the most open trading nations in the world. It currently has 21 Free Trade Agreements (FTAs)/Economic Partnership Agreements (EPAs) with 32 trading partners.Singapore is one of the top foreign exchange centres, financial centres, oil-refining and trading centres, a key hub for oil rigs producer and major ship repair services and for base metals, iron ore...
The remarkable story of Singapore as rubber trading hub started in 1877 when 22 rubber plants reached the island from Sri Lanka. Twelve of these were planted by the Botanic Gardens in Singapore. While there were no commercial interests in them for a spell of some 20 years, the rubber trees were studied by the Botanic Gardens and important data about their cultivation was gathered. Limited by land area of just over 700 square kilometres, Singapore was never a larger producer though plantation was established here. However, Singapore developed an important rubber packing as well as a rubber milling centre to serve the plantations in Malaysia and Indonesia for almost 80 years. Rubber trade was one of the most important industries in early Singapore as rubber produced by “estates” was processed and packed on site and transported to Singapore for shipment to London to be sold and distributed to rubber manufacturers in Europe and in USA. The financial requirements for the buying and holding of rubber during the processing and selling of the processed rubber for shipment was significant as volume grew. The Singapore Chinese entrepreneurs involved in the processing were those also responsible for the successful establishment of local...
Production of synthetic elastomers started in 2013 focussed on export to Asia-Pacific region. Five major synthetic producers have manufacturing facilities in Singapore and about 303,000 tonnes were produced in 2017.
Government & Other Agencies
Ministry of Trade and Industry 100 High Street #09 - 01 The Treasury Singapore 179434 Tel : +65 62259911 E-mail: email@example.com Website: www.mti.gov.sg/
Mr Satvinder Singh (Enterprise Singapore) appointed Deputy Secretary General for the Asean Economic Community (AEC)
It is with great pleasure that I convey the congratulatory note of Mr Satvinder Singh (Enterprise Singapore) appointment as Deputy Secretary-General for the ASEAN Economic Community (AEC) with effect from 25th March 2021.
Satvinder will support the ASEAN Secretary-General in the implementation of the AEC blueprint 2025, as well as the realisation of the AEC’s goals. Additionally, he will manage development cooperation in economic matters, policy and relations...
Singapore narrows 2020 GDP forecast range, economy to contract between 5%-7%
SINGAPORE: Singapore has narrowed its economic forecast for 2020 to a contraction between 5 and 7 per cent, the Ministry of Trade and Industry (MTI) said on Tuesday (Aug 11), as data showed a steep slump in the second quarter amid the COVID-19 pandemic. The earlier projection made in May was for the economy to shrink between 4 and 7 per cent. “Notwithstanding the narrowing of the forecast range, there...
The Singapore economy contracted by 2.2 per cent year-on-year in the first quarter, as the COVID-19 outbreak and global measures to prevent its spread threw a wrench in the construction and services industries, according to flash estimates released on Thursday (Mar 26). This compares with the 1 per cent expansion logged in the same period last year, and reverses the 1 per cent growth in the preceding quarter. On a...
Winner and runners-up will be announced in May 2020, during the Closing Ceremony of the World Rubber Summit 2020. The winning photo will feature on materials of IRSG and promoted on IRSG website and Social Media and in any other affiliate or associated parties sites.
Terms and Conditions:
The International Rubber Study Group (IRSG) is the sole organizer of the photo competition. The decision regarding all matters, including the choosing of the winner and runners-up is by IRSG and competition judges are final. No queries will be entertained.
By entering this competition, participants automatically accept its rules, terms and conditions as final and agree to abide by them.
This competition is open to anyone aged 18 or over, excluding IRSG’s employees, their relatives, the judging panel and anyone else associated with this competition. Participants under the age of 18 must obtain parental consent.
The winner and the two runners-up will be chosen by a panel of judges appointed by the IRSG. The panel will be composed of seven (2MGS, 2IAPs) people who will cast their votes independently, chosen from the IRSG Members and the rubber industry, plus three collective votes (IRSG staff, delegates representing the IRSG members countries and states and observers attending the World Rubber Summit of the IRSG, and the general public voting online). The decision of the judges is final and no correspondence will be entered into.
There is no entry fee and no purchase is necessary to enter this competition.
The winner and the two runners-up will be announced at the WRS2020 in May 2020.
Each participant can submit up to only two entries, which must be clearly labelled with the photo title and the photographer’s name and identification. Participants will bear all costs in relations to entering and submitting materials for this event.
No other form of images other than photos can be accepted and they must not exceed 1MB submitted as jpeg files (Any other format will be disqualified). If you are selected, you will be need to send us a high-resolution photo of your image in order to be used by the IRSG online and/or printed. The theme is “Rubber is a Community”, so tell us a story through your photograph, highlighting the theme as follows:
“The Theme “Rubber is a Community” intends to tell a story or emphasise the concept of acommunal life that involves rubber at its source, in its process or as a final product/s.
The photograph scope needs to maintain the “human footprint” either as an image or by personification. The image produced on this theme must carefully reflect how rubber is the focal point of the environment within a community.
It can be an architectural, candid, chronology, fashion or landscape. The focal will tell a story on how rubber is a livelihood and/or an enjoyment within the community.”
Entries cannot have been published or posted online for commercial use, otherwise they will be automatically disqualified.
A brief title and a caption in English of not more than 20 words should be included in your email. Your caption (description of the photo) should tell the story of your picture, such as the location it was shot, why you took it, and what does it say.
Title of Photo:
Caption / Description of Photo (<20 words):
Location of Photo:
Once photo/s has been received, IRSG will not accept a request to change the photo to another.
The photos must be the participant’s original work, who should thus own its copyrights. The IRSG is not liable for the publication of unlawfully reproduced images.
Entries cannot be CGI (computer-generated imagery) or have been freely acquired or purchased from any images bank.
No responsibility can be accepted by the IRSG for entries not received for whatever reason.
Photos containing any offensive, abusive, misleading, libellous, obscene, inflammatory, pornographic or profane images will be automatically disqualified. The IRSG also has the right to reject any entry it may consider unacceptable, even if not clearly stated in these rules.
The photo must not infringe any copyrights or any other intellectual property rights of any third person or entity.
It is the participants’ responsibility to ensure anyone or any place shown in the image submitted by them have been cleared as to not violate any person’s rights of privacy or publicity.
The entries must not depict brands or products.
All entries must be submitted to: IRSGPhoto2020@rubberstudy.com, stating “WRS2020 photo competition” in the subject of the email in English (any other language will not be entertained). In the body of the email, please state:
The surname, other name of the participant entering the competition
The telephone number with country code
That the participant is 18 years old or over
That it is his/her original photo, so their name can be credited to it; and
The file name of the attached photo
When contacted by email a reply must be received within three working days otherwise the submission may be disqualified
Closing date for all entries is 11:59 pm on 28th February 2020.
Each participant consents to the use and disclosure of any Materials and participant's name, personal data, likeness, photographs and other information relating to the participant or that of a third party provided by the participant for any purposes relating to or in connection with the IRSG and future IRSG events, creation, production and sale of event-related products and any advertising, promotional and publicity activities of IRSG and in any manner IRSG deems fit and waives all claims for compensation or further approval in this respect. Such disclosure may be to any party involved in the Purposes including IRSG's members, affiliated companies, authorised partners and sub-contractors and such other parties as may be permitted or required by law.
Each participant grants an unrestricted, royalty free, irrevocable, perpetual and fully sub-licensable license to copy, reproduce, use, display, modify, transmit, distribute and create derivative works of the entries (along with a name credit) relating to or in connection with the Purposes, in any media now or hereafter known including but not limited to magazines, websites, social media, at IRSG's sole and absolute discretion waives all claims for compensation or further approval in this respect.
Each participant agrees to release, discharge, indemnify and hold harmless IRSG and its members, affiliated companies, authorised partners, sub-contractors and their respective officers, directors, employees, agents from and against any claims, losses, liabilities, expenses, costs and damages arising from and in connection with participant's participation in this Event and the acceptance and use of the prize(s). IRSG makes no warranties, representations or guarantee either expressed or implied regarding any prize including but not limited to any warranty of merchantability and fitness for a particular purpose.
Each participant agree not to share or sell any contact information of the organiser and panel of judges to any third parties whatsoever.
The winner will receive a cash prize of SGD500, the first runner-up SGD250, and the second runner-up will receive a cash prize of SGD100. Prizes are not transferable and bank details will have to be provided once prize-winners are contacted by the IRSG.
The IRSG will notify the winner and runners-up by email and/or by letter within 5 working days of the announcement date.
The IRSG will then request for winner and runners-up particulars in order to remit the prize etc.
If the winner cannot be contacted or does not claim the prize within 14 working days from date of notification, the IRSG reserves the right to withdraw the prize from the winning entry/entries and pick a replacement/replacements.
Competitors are reminded they are providing their entries to the IRSG and not to any other party, including social media networking sites.
The winner and runners-up agree to the use of their name and image in any publicity material or media by the IRSG. Any personal data relating to the winner or any other entrants will be solely used for internal purposes and will not be disclosed to a third party without the entrants’ prior written consent.
The participants grant the IRSG the non-exclusive right to reproduce such image for any purpose at any time in any media, such as in online articles, reports or marketing activities, in perpetuity, as well as consenting to the use of their images in any publicity carried out by the IRSG without further compensation.