Numbers aside, Singapore will become highly advanced in technological terms, producing the most modern items and materials for world consumption. Singapore will no longer be just multiracial and multicultural it will be multinational. We are swept by trends in the world that cannot be stopped. One is the technological explosion which has made things move so fast, enhanced output, performance and productivity. The other trend is globalisation.
Companies move offshore and become more virtual.
In Singapore, information flows in rapidly and it is impossible to remain immune to changing trends. E-commerce has caught on fast locally. In the 1970s, when Singapore had been independent of Britain for only a few years and was largely dependent on entrepot trade, the government set a priority to industrialise and internationalise , by inviting foreign investment, to give the population employment. Money was poured into building key infrastructure, and the standards of employment thoughtfully drafted and legislated. Together, they built the foundation of a business centre.