The penetration of internet in Singapore is as good as that of in the US, and ahead of many developed countries. The belief that online media is dominating other forms of media in the country has been echoed by prominent personalities including the communications minister who has recently said that there exist tremendous opportunities in online media in Singapore. However, to have an online media as professional as it should be, and as good as it is in countries like the US and Japan, huge amount of money needs to be pumped in. unless this happens, the opportunities for all those undergoing training as journalists in online media appear to be slim.The situation is such that is something if not done in the near future, the tech savvy youth that has identified online media as its preferred choice of all news related content will soon be disillusioned and start to look for alternatives in the form of professional blogs even foreign newspapers. But their hunger gets satiated by credible local news and this is something that only fresh online media content can provide. Online media professionals are urgently required by online newspapers to show that they can meet the requirements for the internet savvy youth. Singapore has no dearth of qualified media professionals and they are the ones who stand to gain in this logical next step for online media.

The fact that Singapore is one of the easiest places to start and do business in the world is being proclaimed by none other than the World Bank, the eagerness of entrepreneurs in different parts of the world to comer over and set up their businesses here can be easily understood.If a country boasts of being the 4^th largest currency exchange centre, one can understand the large scale of business and financial transactions taking place in this country. If every 6^th household in the country is a millionaire, one can gauge the lifestyle and the spending power of the people of Singapore. But the secret of its success as a trade and business hub lies in its extreme competitiveness.Add to it the fact that Singapore consistently ranks at the top of the list of least corrupt countries and you know why businessmen make a beeline to be doing business in this country.
Some of the most critical facts explaining the success of Singapore as a leading financial centre happen to be the ability of the government to sort out free trade agreements with major countries of the world and its taxation policies that avoid making businessmen pay double taxation.

For most of its existence, Singapore, a tiny island state has been under the dominance of foreign powers. Having got independence just 48 years ago, the pace at which this small country has moved forward is nothing less than a miracle. The population of the country is made up of mostly Chinese, Malay, and Indian people whose forefathers were brought here to work as laborers in rubber plantations when the island country was being handles as a British trading colony. Chinese, Tamil, and Malay have been languages spoken by people of Singapore though officially English has been the language of the country. This multi-cultural influence can be seen in on aspects of life here in Singapore and Media is not untouched.
Newspapers were first printed in local languages. With Chinese people making up almost 75% of the total population it is natural for Chinese language to be dominating language in the local press, radio, and television. Even after independence, there was no national identity of the country and even the Prime Ministers of the country have accepted on occasions that the population of Singapore being multi ethnic, it is a society in transition. Despite 75% Chinese, 14% Malayans, and 8.8% Indians, English continues to play the role of official language. It is perhaps the sign of colonial past of the country.