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About
Located at the southern end of Singapore, Raffles Place is the island's business and financial hub. The district is overwhelmed by skyscrapers, owned by local and foreign banks as well as Multi-National Corporations (MNCs). This is also where you find the offices of the major ministries and Government-Linked Companies (GLC), such as Temasek Holdings, the Monetary Authority of Singapore (MAS) and the Ministry of Communications, Information and The Arts (MICA).The Singapore River runs through Raffles Place, in an area known as Boat Quay. Raffles Place is also the place to go to experience the arts in Singapore, where you can visit museums or watch performances in old colonial buildings.
History
Raffles Place is named after Sir Stamford Raffles, the founder of modern Singapore. You can see a statue of this man in Boat Quay, which used to be the centre of trade in colonial Singapore. During those days, Boat Quay was a free port that was flooded by coolies, merchants and traders from all over the world. It was segmented into different quarters, as were many districts in Singapore. Just behind the port was the Chinese quarter; to its left was the Malay quarter, and the European quarter was behind it. It served as a port till the 1970s, when the whole area was redeveloped into an entertainment districts. Today, Boat Quay is filled with pubs and eateries.
Places of Interest
Commerce
More than anything else, Raffles Place is filled with commercial buildings. This is where Singapore Exchange Ltd. (SGX), a financial capital and infrastructure company, is located. Temasek Towers, the home of Temasek Holdings, is also located in Raffles Place, as well as the UOB Building, Singapore's tallest structure. Companies such as Bloomberg, Hitachi and JP Morgan are also located in Raffles Place.
More Info on Raffles Place |
More Info on Raffles Place |
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