Investing in Singapore

In the last forty years, Singapore has become a financial center with an international reputation.  This financial center offers a broad range of services, including insurance, investment banking, treasury services, as well as the services of a Singapore private bank.  An important part of the financial center is liquid or working capital markets.  One of the best-established markets in the Asia-Pacific is the Singapore Exchange (SGX), which is the listing location more than 200 international companies prefer.  Today, Singapore has also grown to become the largest REITs (Real Estate Investment Trust) market in Asia.

Why would one wish to invest in Singapore?  The city offers its financial institutions terrific infrastructure, a skilled and international labor force, as well as an environment aimed at pro-business.  In 2008, the Institution for Management Development placed the country as one of the second-most competitive in the world.  Only the United States was first.  With start up costs low, in Singapore a new business can begin in just a little over six working days.  The city also has one of the most business friendly regulations on the planet.

Another factor seems to be Singapore’s location on the planet itself, in addition to a communications network that allows financial institutions to conduct business anywhere in the world, and often on the same working day.  There’s also 84 international airlines that operate here, connecting the city with over 180 cities worldwide, in 57 different countries.

Singapore is in a unique position geographically, too, to make it an opportunity-rich region.  In the center of Southeast Asia, Singapore can serve the growing markets of the whole Asia-Pacific region.  This means that financial institutions here can trade foreign exchange and securities 24 hours a day with Asia-Pacific centers as well as European and American centers.

Financial institutions in Singapore are also offered a tax rate that’s competitive.  Throughout Asia-Pacific, the corporate tax rate in Singapore is among the lowest.  Further, Singapore is cost competitive with the world’s largest cities.  Each of these factors make Singapore well worth considering for institutions that wish to grow.

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