While Singapore is known as one of the most business-friendly economies in Asia for inbound investment and corporate engagement, the island nation is now a major outflow FDI participant globally. Singapore also operates as a regional and continental hub for many major international corporations, has become a major financial hub in Asia and enjoys ultra-modern transport and communications networks.

Singapore’s SME sector remains the backbone of the economic landscape, contributing significantly to GDP and accounting for around 70% of the country’s workforce. Singapore is small, with limited arable land meaning it must import most of its food, while water is classified as a ‘precious resource’. The country has emerged as a regional leader on sustainability and green finance.

The ease of doing business also means that competition here is high. However, it is still possible to find success in Singapore. Asian Insiders understands the local market and can provide the foundation required to realise business goals.