As a nontaxable port by Sir Stamford Raffles, United Nations agency started a British mercantile establishment here in 1819. The port plays a key role within the economy to the present day, although the island currently conjointly thrives on hi-tech business, money services and touristry, all bolstered by a super-efficient infrastructure. of these achievements were among a significant dose of mental attitude, with the people acceptive heavy-handed management by the state of most aspects of life in exchange for levels of richness that might have appeared impossible a few of generations agone. therefore it's that since independence abundant of the population has been settled from downtown slums and far kampongs (villages) into new cities, and also the city’s recent quarters have seen historic buildings and streets bulldozed to form approach for searching malls.
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