Singapore celebrates success on 60th anniversary but challenges loom ahead | Business and Economy News

Singapore – As Singapore’s Diamond Jubilee celebrations draw to a close on Saturday night, a huge fireworks display will illuminate the city’s extraordinary skyline.

The numerous skyscrapers and futuristic buildings stand as a tribute to the country’s remarkable development after separating from Malaysia in 1965.

This tiny Southeast Asian state, with a population of just over six million people, has one of the highest rates of wealth per capita in the world. Its advanced economy also…