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Singapore

Singapore is one of the world’s most prosperous countries with strong international trading links. It is also one of the safest cities in Asia, cosmopolitan, clean and green, a shopping and food paradise and a vibrant and dynamic economic powerhouse offering abundant opportunities for employment and business.

Singapore has a highly-developed and successful free-market economy. It enjoys a remarkably open and corruption-free environment, stable prices. Singapore also has the highest GDP growth forecast for 2007, higher than US or UK at 5%. The economy depends heavily on exports, particularly in consumer electronics and information technology products.

It consistently scores high marks in global and regional rankings of the factors that matter to businesses. The table shows some of the rankings of Singapore in the world.

Category Rank
Most Globalised Nation in the World 1st
World’s Easiest Place to do Business 1st
Most Competitive Place for Business 1st
Most Profitable Place for Investor 1st
Least Corrupt Country in Asia 1st
Best Quality of Life in Asia 1st
Best Business Environment in Asia-Pacific 2nd after HK
Most Network Ready in the World 2nd after US
Most Competitive Asian Economy 2nd after US
Most attractive environment for highly skilled professional 2nd after US
Competitiveness Globally 3rd after HK
Most Popular Cities for Meetings 3rd after Vienna
Countries with the least restrictive immigration laws for employing foreign labour 4th after UK



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