Singapore
Singapore is a top-class world city that is globally connected and offers a conducive environment to creative and knowledge-driven industries.
Singapore’s particular competitive factors which set it apart from other locations are
| ■ | Trust – integrity, quality, reliability, productivity, a strong legal system |
| ■ | Knowledge – knowledge-based manufacturing and services, a thought and information hub, commitment to education and skills |
| ■ | Connected – physical connectivity as well as people and business networks |
Strong trade and investment makes Singapore the most competitive Asian country (Global Competitiveness Report 2008). The rigorous enforcement of its strong intellectual property laws.
Singapore is a leading provider of services such as international banking, trade finance, maritime finance, insurance, treasury operations, and asset and wealth management within the region. Singapore is the fourth largest foreign exchange trading centre in the world.
Companies based in Singapore can tap the diverse capital markets and cutting-edge financial services from more than 500 local and foreign financial institutions here. In addition, there are over 4,500 companies offering professional services, including audit, accounting and management consulting; market research, advertising and public relations; human capital services; and legal services.
Singapore is also fast emerging as an optimal destination for the centralisation of services or “shared services”. Centralising activities such as IT, finance, and logistics, offers benefits such as lower operating costs, consistent service levels and enhanced productivity.
