on the World Bank´s Ease of Doing Business Index.
ABOUT
Being the most developed country in the region, Singapore frequently leads global rankings on standard of living, ease of doing business and many other factors. The country has positioned itself as a regional hub for finance, technology and the services sector. A magnet for international talent, the country can be considered a bridge between East and West.
QUICK FACTS
Internet Penetration in 2015.
PROS CONS
+ Top-notch talent
+ Efficient administration
+ Numerous FTAs
– High cost of living
– Dependence on global markets
– Small domestic market
TOP EXPORTS
Electrical and electronic equipment
Mineral products
Chemical products
Optical and photo equipment
Plastics and rubber
Machinery
SINGAPORE INSIGHTS
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A new push for modified TPP?
Ministers from 11 TPP countries (without representatives from the US) met on the 21st of May in Hanoi to discuss possible next steps. The...
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ASEAN’s Strong Growth to Continue in 2017
Compared to the end of 2016, the beginning of this year, economists of major ASEAN countries revised their growth forecasts for 2017 with...
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EU And ASEAN To Resume Negotiations On A Bilateral FTA
Ten years ago, the European Union (EU) and the Association of Southeast Asian Nations (ASEAN) started the talks for a Free Trade Agreement...
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Myanmar – A Green Field In The Center Of ASEAN
Myanmar is one of the least developed countries in Asia with both unique opportunities and considerable obstacles for foreign investors. It...
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