Singapore, small though it may be, is a vibrant, multicultural city-state that offers the best of both the East and the West to international students. Marina Bay Sands integrated resort, opened in 2010 The United Kingdom's visiting Red Arrows fly over the Gardens by the bay Singapore has a highly developed market economy, based historically on extended entrepôt trade. Along with Hong Kong, South Korea, and Taiwan, Singapore is one of the original Four Asian Tigers, but has surpassed its peers in terms of GDP per capita. Singapore traditionally has one of the lowest unemployment rates among developed countries. The unemployment rate did not exceed 4% from 2005 to 2014, hitting highs of 3.1% in 2005 and 3% during the 2009 global financial crisis; it fell to 1.8% in the first quarter of 2015.
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