WEFSing-ban-bgrnd.jpg (7149 bytes)


bulet-arow.gif (856 bytes) Country Profile: Republic of Singapore
bulet-arow.gif (856 bytes) Overview of Philippines-Singapore Bilateral Relation
bulet-arow.gif (856 bytes) World Economic Forum on East Asia 2007: The Leadership Imperative for an Asian Century
bulet-arow.gif (856 bytes) Backgrounder of the World Economic Forum
bulet-arow.gif (856 bytes) Profile of His Excellency S.R. NATHAN, President of the Republic of Singapore
bulet-arow.gif (856 bytes) Profile of the Honorable LEE HSIEN LOONG,  Minister for Finance Republic of Singapore
bulet-arow.gif (856 bytes) Country Profile: Republic of Equatorial Guinea

Country Profile: Republic of Singapore

Official Name:

Republic of Singapore

Capital:

Singapore

National Day:

Independence Day, 9 August (1965)

Land Area:

699.4 square kilometers

Population:

4.5 million (July 2007 est.)*

Predominant Ethnic Group:

Chinese

Official Language:

Chinese (Mandarin), Malay and English

Major Religion:

Buddhism, Islam and Christianity

History:

Founded as a British trading colony in 1819; joined the Malaysian Federation in 1963 but separated two years later and became independent.

Type of Government:

Parliamentary Democracy

Head of State:

President S R Nathan or Sellapan Ramanathan

Head of Government:

Prime Minister Lee Hsien Loong

Foreign Minister:

George Yong-boon Yeo

Legislative Branch:

Unicameral Parliament

Judicial Branch:

Supreme Court

Economy:

Currency : Singapore dollar

GDP (nominal) : US$132.155 billion est.**

GDP (nominal) Per Capita : US$29,917.20 est.**

GDP (PPP) : US$145.183 billion est.**

GDP (PPP) Per Capita : US$32,866.67 est.**

Major Industries:

Electronics, chemicals, financial services, oil drilling equipment, petroleum refining, rubber processing and rubber products, processed food and beverages, ship repair, entrepot trade, biotechnology, offshore platform construction, life sciences*

Main Export Markets:

Malaysia, United States, China, Japan, Taiwan, Indonesia, Saudi Arabia, South Korea (2005)*

Main Source of Imports:

Malaysia, United States, China, Japan, Taiwan, Indonesia, Saudi Arabia, South Korea (2005)*

* CIA World Fact Book (updated April 2007)
** IMF World Economic Outlook (2006 estimates)
*** DTI Tradeline Philippines (April 2007)
**** National Statistical Coordination Board (provided by BOI)
***** Department of Tourism
Source: Office of Asian & Pacific Affairs
Department of Foreign Affairs

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Overview of Philippines-Singapore Bilateral Relation

Establishment of Diplomatic Relations

The Philippines opened a consulate in Singapore in 1966, the year after Singapore achieved independence. Full diplomatic relations were established in August 1969 with the upgrade of the consulate to an embassy.

Highlights of Philippines-Singapore Bilateral Relations

Bilateral relations have been cultivated through frequent exchanges of visits by high-ranking officials. Bilateral meetings have been held at the sidelines of annual meetings such as the ASEAN Ministerial Meeting, the United Nations General Assembly, and the ASEAN Summit, among others.

State Visit to the Philippines of Singapore President S R Nathan, 13 – 16 February 2007.

President Arroyo met with President Nathan on 13 February 2007. They discussed ASEAN matters, political and economic developments of the Philippines and Singapore, Singapore’s interest for RP’s poultry, job opportunities for Filipinos in the city-state, and cooperation on air services and culture, among others.

Meeting between Secretary Alberto G. Romulo and Singapore Foreign Minister George Yeo at the sidelines of the 12th ASEAN Summit, 8 December 2006

Secretary Romulo met with FM Yeo at the sidelines of the 12th ASEAN Summit in Cebu and discussed particularly the Eminent Persons Group (EPG) report and ASEAN Community by 2015 among others.

President’s Working Visit to Singapore, 19-20 November 2006

President Arroyo met with members of Singapore’s business community. She met 21 company representatives during the luncheon hosted by Temasek Holdings and the Philippines-Singapore Business Council. The lunch gave the opportunity for the businessmen to ask questions directly to the President regarding the economic situation of and business environment in the Philippines.

The President had separate meetings with the representatives of companies that already have investments in the Philippines such as Temasek Holdings, Singtel, Singapore Technologies Telemedia (STT), YTL Corporation Berhad, and Banyan Tree Holdings Ltd.

Banyan Tree Holdings, Ascott Group and STT had expressed interest in investing in the Philippines.

Separate Meetings between Secretary Alberto G. Romulo; Singapore Prime Minister Lee Hsien-Loong, 18 August 2006; SFA and Singapore President S. R. Nathan; and SFA and Singapore Foreign Minister George Yeo, 19 August 2006

Secretary Romulo met with PM Lee, Pres. Nathan and FM Yeo on separate occasions to discuss the current state of bilateral trade between the Philippines and Singapore and the possibility of having more Singaporean investments in the country. The meetings also served as an opportunity to convey President Gloria Macapagal-Arroyo’s appreciation for Singapore’s fair and good treatment of Filipinos in Singapore.

Secretary Romulo informed the Singapore Leaders of the preparations of the Philippines for the 12th ASEAN Summit in Cebu in December. He sought Singapore’s support for the Philippine initiatives for the Summit. In doing so, he underlined the need for Singapore and the Philippines to work closely together for the next two years since Singapore is the Vice Chair of ASEAN.

Meeting between Secretary Alberto G. Romulo and Singapore Foreign Minister George Yeo at the sidelines of the ASEAN Ministerial Meeting, 27 July 2006

Foreign Minister Yeo met with Secretary Romulo at the sidelines of the 39th ASEAN Ministerial Meeting in Kuala Lumpur, Malaysia. They shared their views on the entry of Regional Cooperation Agreement on Combating Piracy and Armed Robbery Against Ships (ReCAAP) and hosting of the ASEAN Summit in December as well as that of the East Asia Summit (EAS).

Meeting between President Gloria Macapagal-Arroyo and Singapore Foreign Minister George Yeo, 15 February 2006

Foreign Minister Yeo discussed with President Gloria Macapagal-Arroyo the possible participation of Singapore’s SingPower in the bidding of Transco and the holding of bilateral talks on the air services agreement for tourism promotion. They also discussed ASEAN matters like the drafting of the ASEAN Charter and the East Asia Summit (EAS) membership.

Meeting between Secretary Alberto G. Romulo and Singapore Foreign Minister George Yeo, 15 February 2006

Foreign Minister Yeo met with Secretary Romulo to discuss ASEAN issues like Myanmar, ASEAN integration, membership in EAS as in the case of Russia, the ASEAN Charter as a statement of ASEAN’s political will, and the possible creation of an ASEAN Maritime Forum.

Official Visit to the Philippines of Singapore Prime Minister Lee Hsien Loong, 9-10 December 2004

Prime Minister Lee met with President Gloria Macapagal Arroyo, Senate President Franklin M. Drilon, House Speaker Jose De Venecia Jr., and Senator Richard Gordon. He and his delegation also had an expanded bilateral meeting with President Arroyo and representatives of key government agencies.

The bilateral meeting discussed initiatives to enhance Philippines-Singapore bilateral relations. Among the initiatives discussed were the expansion of air linkages, the entry of budget airlines, tourism, counter-terrorism, defense, Philippine domestic reforms, and the peace process in Mindanao.

The expanded bilateral meeting covered trade, investments, tourism, air services, information technology, defense cooperation, ASEAN integration, counter-terrorism, and Filipinos in Singapore.

The meeting with the legislative officials focused on Singapore investing more in the Philippines, addressing the security situation of the Philippines, the proposals of establishing an Asian parliament, the establishment of a fund that will finance reforestation projects in the Philippines, housing programs, and the Asian Anti-Poverty Fund.

1st Informal Consultations on the Philippines-Singapore Action Plan (PSAP), 27-28 October 2004

Discussions during the 1st Consultations on the PSAP covered the following: a) strengthening ASEAN to make it more responsive in engaging the powers in the region; b) the relocation of the Bayanihan Center in Singapore, and c) the direct communication of agencies implementing bilateral initiatives such as those on culture, people-to-people exchanges, education, information technology, tourism, capital market development, economic cooperation, and military cooperation.

Visit to Singapore of Secretary Alberto G. Romulo, 21 October 2004

Secretary Romulo and Foreign Minister George Yeo discussed the forthcoming visit of Prime Minister Lee Hsien Loong in December 2004, the improvement of trade and commercial ties, the possibility of Singapore establishing more industrial parks in the Philippines similar to that of the Carmelray Industrial Park II, Philippine support for Singapore’s bid to host the Information Sharing Center for Anti-Piracy in Asia and the Pacific, President Arroyo’s ten-point agenda and eight-point realities, the importance of ASEAN, and the progress of peace and development efforts in Mindanao.

Official Visit to Singapore of Secretary Delia D. Albert, 7 February 2004

Former Secretary Albert met with then Prime Minister Goh Chok Tong and then Foreign Minister S. Jayakumar.

In her meeting with Foreign Minister Jayakumar, they discussed the healthy economic and political relationship of the two countries, the fight against terrorism, the early convening of the informal consultations on the PSAP, and the construction of a new MRT line that will affect the Bayanihan Center in Singapore, among others.

Philippines-Singapore Bilateral Trade and Investment

Philippine-Singapore Bilateral Trade
2000- 2006, In US$ FOB

Period

Total RP Exports to Singapore

Total RP Imports from Singapore

Total Trade

Balance of Trade

2000

3.1 billion

2.1 billion

5.2 billion

1 billion

2001

2.3 billion

1.8 billion

4.1 billion

0.5 billion

2002

2.4 billion

2.2 billion

4.6 billion

0.2 billion

2003

2.4 billion

2.5 billion

4.9 billion

(0.1 billion)

2004

2.62 billion

3.07billion

5.7 billion

(0.449 billion)

2005

2.7 billion

3.7 billion

6.4 billion

(1.02 billion)

2006

3.45 billion

4.35 billion

7.8 billion

(0.9 billion)

Source: DTI-Tradeline Philippines

Singapore remains the Philippines’ largest trading partner in Southeast Asia and the fourth in the world. As of December 2006, bilateral trade with Singapore grew to US$7.80B, accounting for 7.92% of Philippines’ total trade with the world. Exports to Singapore reached US$3.44B or 7.34% of total Philippine exports to the world. On the other hand, the Philippines imported from Singapore about US$4.35B or 8.45% of total Philippine imports from the world. Electronic products continued to dominate bilateral trade, accounting for about 67% of trade volume. This is due to complementary collaboration between both countries in the electronics manufacturing chain.

For the fourth year, the Philippines again posted a negative trade balance with Singapore amounting to US$907.28M. This may be due to the decline in electronic imports of the city-state from the Philippines as a result of the decreased purchases of parts of PCs and consumer electronics. It must be noted that the overall Singapore’s performance growth in the electronics sector that moderated from 9.2% to 3.2% in 2006 had an impact on the two-way trade of both countries. Other factors that have influenced the extent of moderation include the slowdown in the global semiconductor cycle, concerns over competition in China, and lingering high oil prices.

Investments

Foreign Direct Investments of Singapore to the Philippines
In Million Pesos, 2000-2006 (January-June)

Year

Amount

2000

Php 3,747.10

2001

Php 15,759.60

2002

Php 1,168.20

2003

Php 294.90

2004

Php 1,523.60

2005

Php 2,234.40

2006

Php 6,396.40

Source: Foreign Direct Investments

National Statistical Coordination Board

According to DTI, Singapore continues to be the Philippines’ largest direct investment source from ASEAN for the period 2000-2006. The year 2001 saw the huge inflow of investments from Singapore, amounting to Php 15,863.9 million (US$311.18 million) representing ¼ share to the total FDI approved by BOI, PEZA, SBMA, and CDA from the world. While this amount has yet to be surpassed or repeated, Singapore investors nonetheless continue to show confidence in the Philippine economy.

Investments from Singapore were directed to various sectors such as information technology, fashion and garments, services, tourism and agriculture.

Examples of Singapore companies that are present in the Philippines:

1. Singapore Computer Systems Ltd. joined Telus International Inc. of Canada to set-up a joint venture company called TISCS Pte. Ltd. to invest in a 70% interest in Ambergris Solutions Inc, a Philippine homegrown call center in February 2006.
2. Sembcorp Logistics, one of the largest Singapore logistics company, tied-up with Macro Asia Corporation to form Semblog-Macroasia Philippines to provide supply chain solutions to service manufacturing companies located in the Philippines.
3. SIA Engineering and Cebu Pacific Air in Line Maintenance Services Joint Venture known as Aviation Partnership (Philippines) Corporation to provide line maintenance service to third party customers.
4. Singtel also increase its stake in Globe Telecom to 44.6% to become its biggest stakeholder.
Prima Taste, a Singaporean manufacturer of ready-to-cook pastas and premixes, opened its second concept restaurant called "Rasa."
5. BreadTalk
6. Charles & Keith and Mphosis, a ladies footwear and a ladies fashion boutique respectively, continued to expand their business.
7. Jetstar Asia.
8. Tiger Airways.
9. Keppel Land, a Singaporean real estate developer, and SM Group in a joint venture known as 10. SM Keppel Land to develop a mixed-use development project in Ortigas Center which includes The Podium, an upscale shopping mall.

Philippines-Singapore Business Council

The Philippines-Singapore Business Council (PSBC) was formed in 1994 as a platform for senior business executives from both countries to promote greater business cooperation. It continues to be one of the most active business councils in the Philippines. Apart from meeting annually, the Council also actively supports and organizes activities to foster closer interactions between the private sectors of both countries.

The 9th PSBC meeting was held in Shangri-La Mactan Hotel in Cebu on 8 November 2004. International Enterprise Singapore, formerly known as Singapore Trade Development Board, organized a five-day mission to Cebu and Metro Manila to coincide with the meeting.

Major Infrastructure Projects in RP

Singapore’s bilateral assistance to the Philippines comes by the way of providing funds for training and scholarships, mainly through the Singapore Cooperation Programme Training Awards. Areas covered include: industrial park development, investment promotion, port infrastructure and management, franchising, tourism, productivity and skills training, corporate and financial management.

Philippine-Singapore Bilateral Agreements

Title of the Agreement

Date of Signature Date of Ratification Date of Entry into Force of the Agreement

Air Transport Agreement between the Government of the Republic of the Philippines and the Government of the Republic of Singapore

11 July 1974

 

9 October 1974

Convention between the Republic of the Philippines and the Republic of Singapore for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income

1 August 1977

  18 November 1977

Implementing Arrangement to the Agreement between the Republic of the Philippines and the Republic of Singapore for the Stationing of a Republic of Singapore Air Force Detachment at Clark Air Base for Continuation Training

25 and 26 July 1979

   

Exchange of Notes concerning the Arrangement for the Stationing of a Royal Singapore Air Force Detachment to Undergo Continuation Training at Clark Air Force Base

10 September 1976
and 16 January 1979
  16 January 1979

Exchange of Notes Amending the Arrangement made in the Basic Agreement in the Form of Exchange of Notes date 10 September 1976 and 16 January 1979 concerning the Stationing of a Republic of Singapore Air Force Detachment at Clark Air Base for Continuation Training of the RSAF Pilots

8 June and
3 July 1979
 

3 July 1979

Memorandum of Understanding between the Government of Singapore and the Government of the Philippines concerning the Participation of the Republic of Singapore Air Force in Cope Thunder Exercise 84-4

8 December 1983
and 12 December 1983
   

Memorandum of Understanding between the Government of the Republic of the Philippines and the Government of Singapore concerning Participation of the Republic of Singapore Air Force in Cope Thunder Exercise 87-2

3 and 5 October 1986    

Memorandum of Understanding on Joint Military Exercise between the Republic of the Philippines and the Republic of Singapore

5 May 1994   5 May 1994

Memorandum of Understanding on Cultural Cooperation between the National Commission for Culture and the Arts of the Republic of the Philippines and the National Arts Council of the Republic of Singapore

10 June 1997

 

10 June 1997

Philippine-Singapore Action Plan

14 December 1998

   

Memorandum of Understanding between the National Commission for Culture and the Arts and the National Arts Council on the Philippines-Singapore Cultural Cooperation Programme

25 August 2001

13 February 2002

12 August 2005

Memorandum of Understanding between the Republic of the Philippines and the Republic of Singapore on Tourism Cooperation

25 August 2001

 

Ratification is still pending

Undertaking between the Government of the Republic of Philippines and the Government of the Republic of Singapore Concerning the Recognition of Certificates Under Regulation I/10 of the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW), 1978, as Amended

25 August 2001

13 February 2002

15 May 2002

Filipinos in Singapore

Estimated number of overseas Filipinos in Singapore as of December 2006

Category

Male

Female

Total

Permanent migrants

2,618

1,702

4,320

Temporary migrants

12,585

41,895

54,480

Irregular/undocumented

12,852

48,348

61,200

TOTAL

28,055

91,945

120,000

Distribution of Filipinos according to profession as of December 2006

Profession

Male

Female

Total

Domestic Helpers

0

80,000

80,000

IT/Computer Programmers/Analysts

10,160

2,540

12,700

Nursing/Healthcare Assistants/Nursing Aides

2,680

4,020

6,700

Engineers

5,400

600

6,000

Architects/draftsmen

4,940

260

5,200

Aircraft technicians and mechanics

2,500

0

2,500

Stewards/Stewardess on cruise vessels

500

500

1,000

Trainees (HRM, others)

195

455

650

Musicians/entertainers

70

30

100

Managers and bank executives

70

30

100

Sintel/Starhub/M1 telephone companies

20

30

50

Dependents (unemployed spouses/children)

2000

3000

5000

Singapore Laws Affecting Foreign Workers in Singapore

Beginning 2005, the Singapore Ministry of Manpower (MoM) introduced the following changes in the city-state’s labor laws and regulations affecting foreign workers:

MoM increased the minimum age requirement for foreign domestic workers (FDWs) from 16 to 23 years old and introduced a minimum requirement of 8 years of formal education and documentary proof of such.

MoM introduced the FDW Safety Awareness Course (FDW-SAC) in April 2005 for all FDWs in Singapore. The FDW-SAC seeks to raise the awareness of FDWs on domestic safety (with focus on living in high-rise buildings), inform them of their basic rights and obligations, and orient them to their new life in the city-state. A FDW guidebook was also provided. A Tagalog version of it will be produced in 2006 with the assistance of the Philippine Embassy in Singapore.

MoM also introduced a program for first-time employers to sensitize them to issues affecting FDWs. It includes the following:

1. Entry test requirements for FDWs to ensure that they understand basic safety instructions, numeracy, and English literacy skills; and

2. Ensuring payment of salaries of foreign manpower within seven days after the month for which work was done.

Source: Office of Asian & Pacific Affairs

Department of Foreign Affairs

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World Economic Forum on East Asia 2007: The Leadership Imperative for an Asian Century

WORLD ECONOMIC FORUM ON EAST ASIA 2007: The Leadership Imperative for an Asian Century

Singapore, 24-25 June 2007

The economic dynamism of the East Asian community continues to reorder global and regional business strategies. Ten years after the Asian financial crisis, ASEAN’s lead in market-driven integration, the emergence of China and India, and Japan’s economic recovery underline East Asia’s renewed economic buoyancy.

A select group of global leaders will gather at the World Economic Forum on East Asia to shape the region’s industry, economic and political agendas.

The industry agenda will focus on a new generation of East Asian multinationals and the impact of cross-border investments. The economic agenda will examine the durability of East Asia’s growth in the face of emerging global risks.

On the occasion of ASEAN’s 40th anniversary, the political agenda will center on the design of its evolving regional architecture and its relationship with important strategic partners such as India, Russia and the United States.

Co-Chairs for the event are:

Carlos GhosnPresident and Chief Executive Officer, Renault, France; President and Chief Executive Officer, Nissan, Japan

E. Neville Isdell, Chairman and Chief Executive Officer, The Coca-Cola Company, USA

Jim Goodnight, Chief Executive Officer, SAS, USA

K. V. Kamath, Managing Director and Chief Executive Officer, ICICI Bank Ltd, India

James T. Riady, Chief Executive Officer, Lippo Group of Companies

Source: http://www.weforum.org/en/events/WorldEconomicForumonEastAsia2007/index.htm

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Backgrounder of the World Economic Forum

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas

Incorporated as a foundation in 1971, and based in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests. The World Economic Forum is under the supervision of the Swiss Federal Government

It is striving towards a world-class corporate governance system where values are as important a basis as rules. Its motto is ‘entrepreneurship in the global public interest’ and it believes that economic progress without social development is not sustainable, while social development without economic progress is not feasible.

The World Economic Forum’s vision is threefold. It aims to be: the foremost organization which builds and energizes leading global communities; the creative force shaping global, regional and industry strategies; the catalyst of choice for its communities when undertaking global initiatives to improve the state the world.

It enjoys a unique global standing by recognizing and responding to two new developments:

  • The world’s key challenges cannot be met by governments, business or civil society alone
  • In a world characterized by complexity, fragility and ever greater synchronicity, strategic insights cannot be passively acquired. They are best developed through continuous interaction with peers and with the most knowledgeable people in the field.

To carry out its mission, the World Economic Forum has developed an integrated value chain by involving world leaders in communities, inspiring them with strategic insights and enabling them through initiatives.

Members represent the world’s 1,000 leading companies. Partners are select member companies who are actively involved in the organization's activities and contribute their expertise and resources.

Members comprise in principle the foremost 1,000 global enterprises. Characteristics of Members include:

  • Their rank among the top companies within their industry and/or country
  • The global dimension of their activities
  • A leading role in shaping the future of their industry and/or region

The Forum has three main governing bodies:

  • The Foundation Board, which has overall responsibility for establishing the long term direction and objectives of the Forum, and which is comprised of international public and private sector leaders.
  • The International Business Council, which acts as an advisory body providing intellectual stewardship to the Forum.
  • The Managing Board, which is the in-house management team responsible for the executive oversight and management of the activities and resources of the Forum.

Source: http://www.weforum.org

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Profile of His Excellency S R Nathan, President of the Republic of Singapore

S R Nathan was born in Singapore on 3 July 1924.

Mr. Nathan received his early education in several schools – Anglo-Chinese Primary and Middle School, Rangoon Road Afternoon School and Victoria School.

Mr. Nathan started working before completing his studies. After the war, whilst working, he completed his secondary education through self-study and entered the University of Malaya (then in Singapore) where he graduated in 1954 with a Diploma in Social Studies (Distinction).

Mr. Nathan began his career in the Singapore Civil Service as a medical social worker in 1955. He was appointed Seamen’s Welfare Officer the following year. In 1962, he was seconded to the Labour Research Unit of the Labour Movement, first as Assistant Director and later Director of the Labour Research Unit until January 1966. He continued as a Member of its Board of Trustees until April 1988.

In February 1966, he was transferred to the Foreign Ministry. He served as Assistant Secretary and rose to be Deputy Secretary before being appointed Acting Permanent Secretary of the Ministry of Home Affairs in January 1971.

In August of the same year, Mr. Nathan moved to the Ministry of Defence where he was a Director with the rank of Permanent Secretary.

In February 1979, he returned to the Ministry of Foreign Affairs and became its First Permanent Secretary until February 1982 when he left to become the Executive Chairman of the Straits Times Press (1975) Ltd., the Singapore newspaper company. At various times from 1982 to 1988, Mr. Nathan also held directorship of several other companies including the Singapore Mint Pte Ltd., The Straits Times Press (London) Ltd., Singapore Press Holdings Ltd., and Marshall Cavendish Ltd. He was Chairman of Mitsubishi Singapore Heavy Industries – a ship-repairing and engineering joint-venture with the Mitsubishi Group of Japan, from 1973 to 1986.

From 1983 to April 1988, Mr. Nathan was Chairman of the Hindu Endowments Board. He was a founding member of SINDA – the Singapore Indian Development Association – and its Term Trustee until August 1999.

In April 1988, Mr. Nathan was appointed Singapore’s High Commissioner to Malaysia and in July 1990, became Ambassador to the United States of America where he served until June 1996.

On his return, Mr. Nathan was made Ambassador-at-Large and was concurrently Director of the Institute of Defence and Strategic Studies at the Nanyang Technological University. He held a directorship in the Singapore International Media Pte Ltd between September 1996 and August 1999.

He resigned as Ambassador-at-Large and Director of the Institute of Defence and Strategic Studies on 17 August 1999 and was elected President of the Republic of Singapore on 18 August 1999. He began his 6-year term on 1 September 1999. On 17 August 2005, Mr. Nathan was re-elected and he was sworn-in for his second term of office on 1 September 2005.

Mr. Nathan was conferred the Public Service Star in 1964, the Public Administration Medal (Silver) in 1967, and the Meritorious Service Medal in 1974.

Mr. Nathan, a Hindu, is married to Urmila (Umi) Nandey and has a daughter, a son and three grandchildren.

Source: Office of Asian & Pacific Affairs

Department of Foreign Affairs

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Profile of the Honorable LEE HSIEN LOONG,  Minister for Finance Republic of Singapore
Lee Hsien Loong was born on 10 February 1952.

He was educated in Nanyang Primary School, Catholic High School and National Junior College.

He studied at the University of Cambridge on a President's Scholarship and a Singapore Armed Forces (SAF) Scholarship. He graduated in 1974 with First Class Honours in Mathematics and a Diploma in Computer Science (with distinction).

In 1979, he became a Mason Fellow at the Kennedy School of Government, Harvard University, graduating in 1980 with a Master's degree in Public Administration.

He joined the Singapore Armed Forces (SAF) in 1971. He held various staff and command posts, and attended the US Army Command and General Staff College at Fort Leavenworth, USA, in 1978. He was the first Director of the Joint Operations and Plans Directorate, and Chief of Staff of the General Staff, when he left the SAF in 1984 as Brigadier-General to enter politics.

He was elected Member of Parliament in 1984, as a candidate of the People's Action Party, and was re-elected in 1988, 1991, 1997 and 2001.

In 1986, Mr. Lee was elected to the Central Executive Committee of the PAP. He was elected Second Assistant Secretary-General in 1989, and First Assistant Secretary-General in 1992. He took over as Secretary-General of the party in December 2004.

Mr. Lee was appointed Minister of State in the Ministry of Trade and Industry and the Ministry of Defence in 1984. He was promoted to Acting Minister for Trade and Industry in 1986, and confirmed as full minister in 1987, when he became concurrently Second Minister for Defence.

He was appointed Deputy Prime Minister by Prime Minister Goh Chok Tong in November 1990. His responsibilities include economic and civil service matters. He also continued as Minister for Trade and Industry until 1992.

Mr. Lee was concurrently appointed Chairman of the Monetary Authority of Singapore in 1998, and Minister for Finance in 2001.

On 12 August 2004, he was sworn in as Prime Minister. He remains the Minister for Finance but has handed the chairmanship of the Monetary Authority of Singapore to Senior Minister Goh Chok Tong.

He was re-elected as one of the six MPs for Ang MO kio GRC in the May 2006 General Elections and re-appointed as Prime Minister.

He was widowed in 1982, and remarried Ho Ching in 1985. They have one daughter and three sons.

Mr. Lee enjoys reading, walking, listening to classical music and tinkering with computers.

Source: Office of Asian & Pacific Affairs
Department of Foreign Affairs

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Country Profile: Republic of Equatorial Guinea
Country name:
conventional long form: Republic of Equatorial Guinea
conventional short form: Equatorial Guinea
local long form: Republica de Guinea Ecuatorial
local short form: Guinea Ecuatorial
former: Spanish Guinea

Data code: EK

Government type: republic

Capital: Malabo

Administrative divisions: 7 provinces (provincias, singular - provincia); Annobon, Bioko Norte, Bioko Sur, Centro Sur, Kie-Ntem, Litoral, Wele-Nzas

Independence: 12 October 1968 (from Spain)

National holiday: Independence Day, 12 October (1968)

Constitution: approved by national referendum 17 November 1991; amended January 1995

Legal system: partly based on Spanish civil law and tribal custom

Suffrage: 18 years of age; universal adult

Executive branch:
chief of state: President Brig. Gen. (Ret.) Teodoro Obiang Nguema Mbasogo (since 3 August 1979 when he seized power in a military coup)
head of government: Prime Minister Serafin Seriche DOUGAN (since NA April 1996); First Vice Prime Minister and Agriculture Minister Miguel OYONO NDONG (since NA January 1998); Second Vice Prime Minister for Internal Affairs Demetrio Elo NDONG NZE FUMU (since NA January 1998)
cabinet: Council of Ministers appointed by the president
elections: president elected by popular vote to a seven-year term; election last held 25 February 1996 (next to be held NA February 2003); prime minister and vice prime ministers appointed by the president
election results: President Teodoro OBIANG NGUEMA MBASOGO reelected with 98% of popular vote in elections marred by widespread fraud

Legislative branch: unicameral House of People's Representatives or Camara de Representantes del Pueblo (80 seats; members directly elected by popular vote to serve five-year terms)
elections: last held 7 March 1999 (next to be held NA 2004)
election results: percent of vote by party - PDGE 80%, UP 6%, CPDS 5%; seats by party - PDGE 75, UP 4 and CPDS 1
note: opposition parties have refused to take up their seats in the House to protest widespread irregularities in the 1999 legislative elections

Judicial branch: Supreme Tribunal

Political parties and leaders: Convergence Party for Social Democracy or CPDS [Placido Miko ABOGO]; Democratic Party for Equatorial Guinea or PDGE (ruling party) [Augustin Nse NFUMU]; Party for Progress of Equatorial Guinea or PPGE [Severo MOTO]; Popular Action of Equatorial Guinea or APGE [Miguel Esono EMAN]; Popular Union or UP [Fabian MUSA, general secretary]; Progressive Democratic Alliance or ADP [Victorino Bolekia BONAY, mayor of Malabo]

International organization participation: ACCT, ACP, AfDB, BDEAC, CEEAC, ECA, FAO, FZ, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Intelsat, Interpol, IOC, ITU, NAM, OAS (observer), OAU, OPCW, UDEAC, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO, WToO, WTrO (applicant)

Diplomatic representation in the US:
chief of mission: Ambassador Mr Teodoro Biyougo NSUE
chancery: 2020 16th Street, NW, Washington, DC 20009
telephone: [1] (202) 518-5700
fax: [1] (202) 518-5252

Diplomatic representation from the US:
chief of mission: Ambassador Niels MARQUARDT (resides in Yaoundé, Cameroon)
Charge d'affaires a.i. Ms. Sarah Craddock MORRISON
chancery: K-3, Carretera de Aeropuerto, Al lado de Restaurante El Paraíso, Malabo
telephone: [240] 093-457
fax: [240] 098-443
note: the US reopened its embassy in Equatorial Guinea in late 2003 (embassy closed September 1995). The US also maintains a Consular Agency in Bata on the mainland.

Flag description: three equal horizontal bands of green (top), white, and red with a blue isosceles triangle based on the hoist side and the coat of arms centered in the white band; the coat of arms has six yellow six-pointed stars (representing the mainland and five offshore islands) above a gray shield bearing a silk-cotton tree and below which is a scroll with the motto UNIDAD, PAZ, JUSTICIA (Unity, Peace, Justice)

Geography

The Republic of Equatorial Guinea is located in west central Africa. Bioko Island lies about 40 kilometers (25 mi) from Cameroon. Annobón Island lies about 595 kilometers (370 mi) southwest of Bioko Island. The larger continental region of Rio Muni lies between Cameroon and Gabon on the mainland; it includes the islands of Corisco, Elobey Grande, Elobey Chico, and adjacent islets. Contrary to its name, no part of the country lies on the equator.

Demographics

The majority of the people of Equatorial Guinea are of Bantu origin. The largest tribe, the Fang, is indigenous to the mainland, but substantial migration to Bioko Island has resulted in Fang dominance over the earlier Bantu inhabitants. The Fang constitute eighty percent of the population and are themselves divided into sixty seven clans. Those in the northern part of Rio Muni speak Fang-Ntumu, while those in the south speak Fang-Okah; the two dialects are mutually unintelligible. The Bubi, who constitute fifteen percent of the population, are indigenous to Bioko Island.

In addition, there are coastal tribes, sometimes referred to as "Playeros" (Beach People in Spanish): Ndowes, Bujebas, Balengues, and Bengas on the mainland and small islands, and "Fernandinos", a Creole community, on Bioko. Together, these groups compose five percent of the population. Some Europeans (largely of Spanish or Portuguese descent) – most of them mixed with African ethnicity – also live in the nation. There is a growing number of foreigners from neighboring Cameroon, Nigeria, and Gabon. Equatorial Guinea received Asians and black Africans from other countries as workers on cocoa and coffee plantations. Other black Africans came from Liberia, Angola, and Mozambique, and Asians are mostly Chinese and Japanese. Equatorial Guinea also allowed many fortune-seeking European settlers of other nationalities, including British, French and Germans. After independence, thousands of Equatorial Guineans went to Spain. Another 100,000 Equatorial Guineans went to Cameroon, Gabon, and Nigeria because of dictatorship of Francisco Macías Nguema. Some of its communities also live in Brazil, some Spanish-speaking Latin American nations, United States, Portugal, and France.

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