Business Friendly Singapore

Singapore is hi-tech capital of south East Asia. The country with its small geography, length and boundary has done remarkably well when it comes to business, trade, commerce and economic growth. The country has always maintained a strict and firm control on social parameters. The society in Singapore runs by strict rule, law and order and controls as deployed by the state administration. The country spends lot of money to ensure that the social controls persist without any deviation. Singapore is linked to southern Malaysia and other smaller islands. The key advantage of this former British colony is their pro business approach, professional governance and administration, planned city and a well equipped & advanced port.

You can see a range of skyscrapers in the city. The city dwellers live in public housing complexes. The residents of Singapore enjoys high standard of living compared to rest of the world. Citizens are encouraged to speak in English rather than Singlish, which is the local slang. Almost three forth of the population is Chinese. Rest of the population is either Malays or Indians. Many foreign work permit holders also stays in the country.

Since their independence PAP or People’s Action Party has dominated the countries politics. But Singapore has a multi-party system. The countries economics is primarily dependent on electronic manufacturing and financial services. Singapore is known as Economic Tiger in Asia. The country is also developing its tourism sector and service industry to diversify its business portfolio.

The country is very strict in malpractices & bad practices such as drug trafficking and has a rule for capital punishment if anyone found guilty. This important practices, professional governance and administration have helped the country to emerge as economic superpower in Asia and also in world arena. The kind of growth rate Singapore has shown in past decade is no doubt commendable.