June 26-28
Singapore
30°C
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Gateway to Southeast Asia
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SINGAPORE
The Gateway to Southeast Asia
1st
Best business city in the world
Business Traveller, Asia-Pacific Awards 2022
1st
Best MICE Destination
M&C Asia Stella Awards 2022
2nd
Best in attracting and growing talent
INSEAD, The Global Talent Competitiveness Index 2022
Business opportunities in Southeast Asia have increased dramatically, with the region boasting remarkable growth in the past decade and attracting record investments from around the world.
Strategic Location
Being within a six-hour radius of any Southeast Asian country, Singapore is the ideal hub from which you can access the region and its market.
Strong Historical & Trade Connections
Puts your business on the fast track to understanding the nuances of operating in different parts of Southeast Asia.
Wide network of more than 27 free trade agreements
Allows you to trade freely and easily with major economies in the world. Singapore-based businesses can also enjoy closer trade connections with key trading partners such as China through the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and Regional Comprehensive Economic Partnership (RCEP) FTAs.
Source: Economic Development Board Singapore, 2023
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Singapore is a high-income economy with a gross national income of US$107,030 per capita as of 2022, according to the World Bank development indicators, compiled from officially recognised sources.
The country provides one of the world’s most business-friendly regulatory environments for local entrepreneurs and is ranked among the world’s most competitive economies.
Post-pandemic, the country rebounded in 2021, growing by 7.6% after the pandemic-induced 4.1% contraction in 2020. Services expanded by 5.6% with all subsectors showing growth, while domestic demand grew by a robust 8.9%, and investment saw a double-digit growth. (Ministry of Trade & Industry, 2021)
