Recently the Singapore dollar has been reevaluated upward. This is of particular note to those interested in global multicurrency investments at a time when both the US dollar and Euro are being devalued. The Singapore dollar recently traded at near record highs as improving confidence in the Asian economies continued to raise the value of all Asian currencies. In addition, bank loan statistics continued to show a faster than expected expansion of the Singaporean economy. The significance of rise of their dollar at the same time the US dollar is reaching new lows cannot be ignored by those looking for a safe haven jurisdiction in which to invest.

Singapore established the Board of Commissioners of Currency, on April 7, 1967 and issued its first coins and notes. The Singapore dollar remained exchangeable at par with the Malaysian ringgit until 1973 when it was pegged to the British sterling pound. After the demise of the sterling pound until 1985 the Singapore dollar was pegged against a fixed a trade-weighted basket of currencies. Beginning in 1985, Singapore adopted a market-oriented exchange policy monitored by the newly created Monetary Authority of Singapore or MAS. The MAS continue to set monetary policy for the Singapore dollar today. The MAS allows the dollar to float against a basket of currencies representing Singapore’s trading partners and competitors. Singapore dollars are fully backed by government assets to ensure public confidence in the dollar. The MAS policies allow the Singapore government to maintain control over inflation while at the same time ensuring Singapore’s exports remain competitive.

Singapore is Asia’s major financial hub. The upward valuation of the Singapore dollar and continued strength of the economy makes this location an attractive jurisdiction for deposits from European and North American investors. A further advantage for wealthy foreigners considering investments in Singapore is the country’s business and investor friendly banking and tax laws. In the past, many North American and European investors found banking in Singapore difficult due to the physical distance from their home country, and the requirement imposed by most banks there that opening and managing an account had to be done face-to-face in the country. As more multinational banks open branch offices in Singapore the requirement that investors physically be in Singapore is changing. Today, the multinational banks are able to provide investors with accounts in Singapore and financial advisors and account managers not very far from the accountholder’s home. These multinational banks also offer investors a diversified investment strategy including contingency plans to shift investor’s accounts to a different jurisdiction, within the same bank, on short notice, if a particular jurisdiction becomes financially unstable for any reason.

A visit to the Singapore zoo is the closes thing anyone in Singapore will get to the Safari experience ever, from the safety of well constructed and fascinating enclosures. The Singapore Zoo is locally known as the Mandai Zoo. It occupies a total area of 40 hectares. The zoo was first opened in 23rd of June in 1973 by the local government. There are a total of 315 species in the zoo including some of the country’s endangered species. The Singapore zoo draws millions of visitors each year.

The zoo is very attractive during the night while the evening glow illuminates the zoo scenery. Today, the Singapore zoo is more of like an open zoo with its very spacious features that makes everyone feel like being in a jungle with all the animals. Its total area has also grown from 28 hectares, is now became 40 hectares of land. Though not all the area is being used as a zoo, the remaining lands of the property became a forested land.

Among the famous attractions in Singapore zoo are the Orangutans that are being fed by the visitors. There is a daily “breakfast with the Orangutan” program which let the visitors have a chance to intermingle with the orangutans in the zoo. The said animals are quiet friendly so everyone especially the children will always enjoy mingling with them.

Another attraction here is the available rides that can be tried by the zoo visitors. There are pony rides, horse carriages, and other animal rides which everyone will definitely enjoy. These rides will truly fascinate everyone both children and adults. One can always try them by the help of many friendly zoo staffs. If you haven’t tried any animal rides yet, Singapore zoo will truly be a delightful place for you.

There is also a program in the zoo called the “friends of the zoo” program which people can sign up to and have a yearly pass in the zoo and have several privileges such as: free and limitless entry to the zoo for a whole year round; free tram rides; free wildlife magazines; and a ten percent discount in some retail outlets. This program is very much appreciated by the Singapore zoo lovers who love to visit the place many times a year.

This is truly a place for everyone to have fun. The beauty of the zoo will captivate every nature lover and animal lovers. One will definitely adore the attractive and friendly animals particularly when visitors are interacting with them. A trip to the Singapore will surely make everyone be back for more and be hooked with the beauty of the amazing nature of the zoo.