August – The Constitutional Commission Report is issued. Most of the recommendations were not followed except a Council to make sure policies do not discriminate against any racial or religious communities.[8]
3 August – Singapore joins the International Monetary Fund (IMF) and the World Bank. This will enable Singapore to borrow loans for development and share best practices in monetary management.[6]
9 August – The first National Day Parade is held to commemorate Singapore's independence.[9]
26 August – A new TV studio is officially opened for Radio and Television Singapore in Caldecott Hill.[14]
October
8 October – Barisan Sosialis announced the resignation of all of its MPs. Party chairman Lee Siew Choh indicated that the party's new strategy is to struggle outside parliament.[15]
4 November – A strike which turned into a riot occurred at the City Hall by Ngee Ann College students to protest against the Thong Saw Pak Report. Eight policeman and three civilians were injured in the protest.[18]
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