Singapore provides international businesses with a total operating capability in a conducive business and free trade environment. A vibrant, dynamic city state with one of the highest standards of living in the world, Singapore is a key regional trading centre, the world's busiest port, and a top location for investments in the Asia Pacific. Singapore's free-enterprise spirit extends to her relations with foreign investors. The government has adopted an open-door policy and welcomes foreign investment as well as foreign expertise.

The unique advantages of strategic location, stable government, competitive workforce, forward-looking economic policies and a pro-business environment have enabled Singapore to be the world's gateway to Asia. Singapore's international trade connections, financial expertise, worldwide sea and air links, modern port and airport facilities, sophisticated telecommunications network, and comprehensive land transport system, are just some of the factors that have contributed to the Republic's success.

With its long trading tradition, the Republic has accumulated extensive experience and expertise in global markets and trading connections. Singapore is not only a convenient link between East and West, but also offers easy access to Asia Pacific's dynamic market of over 2.8 billion people.

The country's sound government policies have enabled Singapore to rank as Asia's most stable country. The Singapore government encourages businesses to thrive by keeping red-tape to a minimum. It also has a reputation for being responsive to changes and is willing to adapt quickly to new and unforeseen circumstances by altering its outlook and modifying its policies. The government encourages private sector initiative. Government agencies with regulatory functions have close rapport with the private sector; major policies affecting the business community are often adopted only after consultation with major trade and business bodies.

An open business environment has evolved in Singapore, evidenced by the size of the country's external trade which is in fact about three times that of her domestic GDP. A free trade policy ensures that there are minimal restrictions on the import and export of goods. Almost all commodities, and consumer and industrial items enter and leave the country free from duty charges.

Strategic investments, tax incentives, and research and development grants have combined to attract some 7,000 multinational companies to use Singapore as a base for their global operations. Foreign investors can leverage on Singapore's strengths to capture opportunities in the region.

With its rich multicultural heritage, Singapore combines a truly cosmopolitan ambience with classic Asian hospitality. Clean and green surroundings, a low crime rate, affordable housing, and outstanding visitor attractions are just some of the factors that make working and living in Singapore a pleasure.

Singapore Snapshot

	www.sg	-- Singapore Infomap. Your first stop portal to Singapore
	www.gov.sg	-- Singapore Government information
	www.business.gov.sg	-- Information on doing business in Singapore
	www.visitsingapore.com	-- Tourist information on Singapore

Back to Top