There are many superlatives attributed to Singapore and the city-state has been consistently ranked high for a number of reasons in reports from all over the world.
Because, Singapore has been ranked:
#1 World's easiest place to do business
(Source: World Bank Report, 2007)
#1 Best Business Environment in Asia Pacific
(Source: EIU Country Forecast, January 2007)
#1 Best Labour Force
(Source: BERI, 2007)
#1 Best Investment Potential in Asia
(Source: BERI, August 2006)
#1 Best in avoiding bureacracy and red tape in Asia
(Source: Political and Economic Risk Consultancy, June 2006)
#1 World's Top 20 Most Globalised Nations
(Source: A.T. Kearny/ Foreign Policy Magazine Globalisation Index 2006)
#1 Best place to live for Asia expatriates
(Source: ECA International, 2006)
Source
Situated at the crossroads of international trade routes, Singapore is a top location for foreign investors, be they multinationals, part of Europe’s dynamic middle-market or technology start-ups. The on-going liberalisation of markets and industries and the privatisation of government-linked companies (‘GLCs’) offer excellent opportunities to invest in Singapore and the neighbouring markets. Integration of the 10 ASEAN countries under a free trade area (AFTA) with a population of more than 500 million people is on track. Free Trade Agreements with the US, Australia, Japan and many other countries provide easier access to the global market.
From Singapore you can access a market size of 2.8 billion people within 7 hours flight time. It its located within the Association of Southeast Asian Nations (ASEAN) representing a combined market of more than 500 million people. Singapore's seaport offers transport to more than 600 ports in 123 cities. Changi Airport won the Best Airport Award four times in a row and links to 140 cities in 50 countries.
Useful Resources:
Economic Development Board (EDB)
Infocomm Development Authority Singapore (IDA)
Inland Revenue Authority of Singapore (IRAS)
International Enterprise Singapore (IES)
Media Development Authority (MDA)
Sunday, May 2, 2010
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