Singapore
Stamford Raffles founded colonial Singapore in 1819 as a trading post of the British East India Company. After the company's collapse in 1858, the islands were ceded to the British Raj as a crown colony. During the Second World War, Singapore was occupied by Japan. It gained independence from the UK in 1963 by federating with other former British territories to form Malaysia, but separated two years later over ideological differences, becoming a sovereign nation in 1965. After early years of turbulence and despite lacking natural resources and a hinterland, the nation developed rapidly as an Asian Tiger economy, based on external trade and its workforce.
History of Singapore
After the Japanese surrender to the Allies on 15 August 1945, Singapore fell into a brief state of violence and disorder; looting and revenge-killing were widespread. British troops led by Lord Louis Mountbatten, Supreme Allied Commander for Southeast Asia Command, returned to Singapore to receive formal surrender of the Japanese forces in the region from General Itagaki Seishiro on behalf of General Hisaichi Terauchi on 12 September 1945, and a British Military Administration was formed to govern the island until March 1946. Much of the infrastructure had been destroyed during the war, including electricity and water supply systems, telephone services, as well as the harbor facilities at the Port of Singapore. There was also a shortage of food leading to malnutrition, disease, and rampant crime and violence. High food prices, unemployment, and workers' discontent culminated into a series of strikes in 1947 causing massive stoppages in public transport and other services. By late 1947, the economy began to recover, facilitated by a growing demand for tin and rubber around the world, but it would take several more years before the economy returned to pre-war levels.