Gateway to Southeast Asia

Slide

SINGAPORE

The Gateway to Southeast Asia

Best business city in the world

Business Traveller, Asia-Pacific Awards 2022

Best MICE Destination

M&C Asia Stella Awards 2022

Best in attracting and growing talent

INSEAD, The Global Talent Competitiveness Index 2022

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

Slide

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)

Most competitive economy in the world

(Global Competitiveness Report, WEF, 2020)

For digital infrastructure in Asia

(Asian Digital Transformation Index, 2019)

Financial centre in the world

(Global Financial Centers Index, S&P Global, 2022)

Easiest place to do business

(World Bank 2019)

In sustainable global trade practices

(Sustainable Trade Index, 2022)