Tag Archives: british east india company

this day in the yesteryear: Singapore Established as a Trading Post (1819)


Singapore Established as a Trading Post (1819)

A trading center as early as the 14th century, Singapore was later part of Johor, a region of the southern Malay Peninsula. In 1819, the island of Singapore was ceded to the British East India Company, and the city was founded the same year by Sir Thomas Raffles. Under Raffles’ direction, Singapore developed a vital role in the lucrative China trade. Today, the city is one of the world’s biggest ports. The earliest known settlement on the island of Singapore was referred to by what name? More… Discuss

BRITISH EAST INDIA COMPANY


British East India Company

Chartered by Queen Elizabeth I in 1600, the British East India Company was founded to break the Dutch monopoly on the spice trade. It gradually acquired unequalled trade privileges in India, reaping huge profits. Guarding against foreign and domestic competition, it began to intervene in Indian politics, sometimes with military force. The British government came to increasingly control the company. What prompted the government to finally take over the company—and India—in 1858? More… Discuss