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Bac 105 Peta
Bac 105 Peta
SINGAPORE
Singapore is known for being a developed country, tight local rules and its conservatism.
Singapore is under a parliamentary democracy where the president appoints the prime minister
and cabinet who are accountable to parliament. The president has little influence and the prime
minister is the one who is in charge of the country’s policies. The country is abiding with
Westminster system which has three different branches of government: the legislative, executive,
and judiciary. The legislative branch is the Parliament, which is led by the Prime Minister, the
executive is led by the Cabinet and is in charge of government administration, and the judiciary
that operates independently from the other two branches of the government is make up of two-tier
court structure which are State courts and Supreme Courts. State courts are trial courts and
Supreme Courts are courts of appeal that can also try serious cases. The Court of Appeal is led by
the Chief Justice. The current Prime Minister is Lee Hsien Loong and President is Halimah Yacob.
INDIA
The country’s political system was derived after the country gained its sovereignty from
the British rule. The country is mainly a sovereign socialist secular democratic republic state and
a union of states. The parliamentary form of India’s government which is federal in structure was
provided by the country’s constitution and is composed of the executive, the legislature, and the
judiciary. The president, currently Shri Ram Nath Kovind, is the constitutional head of the
Executive of the Union. The Parliament, which is bicameral in nature, is vested with the powers
of legislature. Shri Narendra Modi, the current Prime Minister of India, is the head of the
parliament together with its Council of Ministries. Following the pattern of other parliamentary
government, the Prime Minister of India aid and advises the President, thus, he holds more
The Republic of the Congo is a democratic republic state and consecrates political
pluralism. The country’s constitution establishes the roles and structures of the executive,
legislative, and judicial powers. The executive power is vested upon the President which is also
the head of the state and the Chief of the Armies. Under the 2005 DRC Constitution, the President
of the Republic must share power with the Prime Minister. The Prime Minister is the head of the
government and heads the bicameral legislature consisting of the National Assembly and the
Senate. The current highest leaders of the country are President Felix Tshisekedi and and Prime
ECONOMIC SYSTEM
SINGAPORE
Singapore’s GDP averaged 95.19 USD billion, with a peak of 373.22 USD billion in 2018 and a
low of 0.70 USD billion in the year of 1960. The World Economic Forum ranked the economy of
Singapore as the most open, the third-least corrupt, and the most pro-business in the world. Also,
it is the world’s second-highest purchasing power parity per capita GDP (PPPP and has low tax
rates.
Singapore’s major imports are machinery, transport equipment and crude petroleum, while
machinery and refined petroleum products and their major exports. Singapore was the world’s
INDIA
India is the third largest economy in terms of Purchasing Power Parity (PPP). The current
Gross Domestic Product of the country is US $8.9 trillion with an annual growth of 7.97% as of
2020. The country has a mixed economy and its rapid economic growth is the result of the strong
India mainly imports Crude Petroleum, Gold, Coal Briquettes, Diamonds and Petroleum
Gas. The country’s most common import partners are China, United States, United Arab Emirates,
Saudi Arabia, and Iraq. Further, its major exports are Refined Petroleum, Diamonds, Packaged
Medicaments, Jewellery, and Cars (including car parts). The common destination for these export
products are United States, United Arab Emirates, China, Hong Kong, and Singapore.
The Democratic Republic of the Congo is abundant with natural resources that it is widely
recognized to be the richest in the world. Further, the country is estimated to have a worth of US
$24 trillion untapped deposits of raw minerals. Since 2001, the country has shifted towards a more
market-oriented economy to help stabilized its economic situation. With that being said, the
country experienced its first positive Gross Domestic Product growth in 2002.
The Democratic Republic of the Congo major exports are Crude Petroleum, Refined
Copper, Rough Wood, Sawn Wood, and Passenger and Cargo Ships. The country is mostly
exporting to China, United Arab Emirates, India, United States, and Italy. Moreover, the country’s
top imports are Passenger and Cargo Ships, Poultry Meat, Refined Petroleum, Processed Fish, and
Packaged Medicaments, importing mostly from China, France, Belgium, Angola, and India.
LEGAL SYSTEM
SINGAPORE
Singapore’s legal system is based on the English common law. It is built on four pillars:
the Constitution, Legislation, Subsidiary legislation and Legal decisions made by judges.
Constitution that protects individual liberties and rights, Legislation are written laws passed by
statutory boards and ministers all have the authority to issue written legislation, which is referred
as subsidiary legislation, and Judge-made law refers to decisions of courts that are treated as
authoritative sources of law. The Supreme Court consists of the Court of Appeal and the High
Court that consider civil and criminal cases. Singapore’s Subordinate Courts is made up of District
Courts, Magistrates’ Courts, Juvenile Courts, Coroner’s Courts, and Small Claims Tribunals.
INDIA
India has four types of legal system; the criminal law, civil law, common law, and statutory
law. Criminal law is enforced by the police, civil law is the law that looks at actions that are not
considered as crime, common law also known as case law or judicial precedent is a section of law
which is derived from the judicial decision of courts and similar tribunals, and lastly, statutory law
is a law established by an act of the legislature that is signed by the executive and legislative body.
The country has a federal judicial system which is fundamentally established on mixed law such
as based on parliamentary legislature, court laws, as well as customary and religious laws. It is
developed by judges through their decisions, orders, and judgments. The Indian court system are
as follows according to hierarchy: Supreme Court, High Courts, District Courts which generally
has two types the Civil Courts and Criminal Courts, Lok Adalats/Village Courts, and Tribunals.
Article 141 and 144 of India’s Constitution explicitly stated that the Supreme Court has the highest
authority and jurisdiction to make decisions and uphold the law of the land.
On account of the Belgian colonization in the country, the legal system of DRC is primarily
based on Belgian Law. The Democratic Republic of the Congo is a civil law country but other
laws such as customary law or tribal law are other basis for the country’s legal system. Moreover,
the Congolese legal system is divided into three branches, the Public Law, Private Law, and
Economic Law. There are seven formal sources of the country’s law, namely the Constitution,
International Treaties, Legislation, Administrative Regulations, Custom, Case Law, and Doctrine
Writings. Initially, DRC has only four courts: Cour suprême de justice or Supreme Court, Cour
d’appel or Court of Appeals which has an Administrative and Judiciary sections, the Tribunal de
Grande Instance, and Tribunaux de Paix or magistrates’ courts. During the past years, the country
established new courts such as Haute cour Militaire or Military High Court, the Constitutional
SINGAPORE
The three factors that make Singapore ideal for international business are: well-trained and
productive workforce, no corruption, and a rational tax system with low tax rates. Singaporeans
are known for their work ethic, productivity, adherence to rules and high level of education.
INDIA
India being a democratic and fast-growing nation makes the country an intriguing prospect
for international business. The country with more than a billion population and consequently ranks
as one of the largest economy by GDP makes India a great destination for companies to expand
their footprint in the global market. Three of the many factors that makes this country ideal for
international business are: the country has a thriving domestic market opportunity, a growing
technology, and huge pool of highly-skilled human capital. As the second country with the largest
population, India becomes one of the biggest markets for international business. India’s technology
infrastructure is also evolving in a very fast pace making the country viable for global marketing
and global start-ups across sectors like e-commerce, educational technology among others. And
lastly, India offers not just market potential but also globally competent manpower. It is proven
that Indians are one of the most well-trained with strong work ethic workforce across the world.
When people think of Congo, the first thing that comes to their mind is the conflict within
its borders. While this is a proven fact, people cannot also refute that the DRC is among the top 10
countries with the richest natural resources. The country’s rich endowment of natural is one factor
that makes this country ideal for international business. Other factors that makes this country ideal
for international business are its large population and its strategic location in Central Africa. The
DRC has a population density of 39.5 or an estimated 40 people per square kilometer which means
that hiring workforce in the country is easy. Further, the country’s location in the Central African
region is perfect because it has direct access to the South Atlantic Ocean and although some of its
neighboring country are experiencing civil war, some are not such Rwanda in the west part of the
country.
THREE FACTORS THAT MAKE THE COUNTRY “NOT IDEAL”
SINGAPORE
Although the country seems to be perfect for international business operations, doing
business in Singapore is not without some challenges and demand. Three factors that makes this
country “not ideal” for international business are: intricate procedures in dealing with construction
permits, complicated processes in registering properties, and it takes time to get electrical
INDIA
Three factors that makes India “not ideal” for international business are: trouble in the
processing of starting a business, the high tariff and protectionist policies, and a vast and
fragmented market. In India, it would take approximately 68 days to register business and it’s also
costlier than other high-income economies. Many investors and exporters are also having limited
access to the Indian market because of the policies imposed by the government. And lastly,
although the country has an enormous populace, the challenge in successfully introducing your
business to a culturally diverse market may be hard for a lot of business owners.
The first of the many reasons why this country is not ideal for international business is the
country’s ongoing civil war. This has cause the stagnant growth of the country as well as the
suffering of its civilians. Other factors that makes this country unideal for business are the
prevailing corruption and bribery of its government official and its unending political instability.
PHOTOS
SINGAPORE
INDIA
REFERENCES:
POLITICAL SYSEM
Singapore
https://www.startupdecisions.com.sg/blog/singapores-political-system/
https://www.ncsl.org/Portals/1/Documents/educ/International_Ed_Study_Group_2020/Sing
apore/3.SingaporePoliticalStructureNCEE%20.pdf
India
https://www.india.gov.in/my-government
https://www.constituteproject.org/constitution/Congo_2015.pdf?lang=en
https://globaledge.msu.edu/countries/democratic-republic-of-the-congo/government
ECONOMIC SYSTEM
Singapore
https://tradingeconomics.com/singapore/gdp
https://en.wikipedia.org/wiki/Economy_of_Singapore
https://oec.world/en/profile/country/sgp
https://www.britannica.com/place/Singapore/History
India
https://oec.world/en/profile/country/ind
https://globaledge.msu.edu/countries/india/economy
https://oec.world/en/profile/country/cog
https://globaledge.msu.edu/countries/democratic-republic-of-the-congo/economy
https://www.britannica.com/place/Democratic-Republic-of-the-Congo/Economy
LEGAL SYSTEM
Singapore
https://www.guidemesingapore.com/business-guides/immigration/get-to-know-
singapore/introduction-to-singapores-legal-system
India
https://timesofindia.indiatimes.com/home/education/news/what-are-the-types-of-law-in-the-
indian-legal-system/articleshow/77262576.cms
https://www.animallaw.info/article/introduction-indian-judicial-system
System
BUSINESS
Singapore
https://www.startupdecisions.com.sg/singapore/incorporation/why-incorporate-in-
singapore/
India
https://www.entrepreneur.com/article/323614
https://www.trade.gov/country-commercial-guides/democratic-republic-congo-market-
overview
INTERNATIONAL BUSINESS
Singapore
https://www.tmf-group.com/en/news-insights/business-culture/top-challenges-singapore/
India
https://www.wolterskluwer.com/en/expert-insights/doing-business-in-india
democratic-republic-congo
https://www.bbc.com/news/world-africa-13283212
PHOTOS
Singapore
India
Republic of Congo