Singapore is home to more than 4 million people of diverse cultures. It is one of the world’s most developed economies with about 7,000 resident multinational companies and 100,000 enterprises, creating a continuously vibrant business environment. Singapore is an island and the smallest country in Southeast Asia. It was established as trading post and became one of the most important commercial and military centres of the British Empire. The Chinese are the majority of the population and English is the administration language of the country.