The picture emerging for Singapore is one of optimism and opportunity.
Appreciate the ‘fine’ city
In public perception, Singapore is perhaps most renowned for its somewhat zealous law making. (If you are convicted of littering more than once, you will have to spend a few hours cleaning a public place, wearing a brightly coloured bib).
But to corporates, the enduring legacy of its colonial past is a backbone of English Common Law, especially in contract, arbitration and labour law. This is married with a firm respect for Intellectual Property rights, where infringement can be viewed as a criminal rather than civil offence.
- Singapore per capital GDP has risen to become almost 80% higher than Europe's
- It takes 3 days to start a business in Singapore compared to the world of average 24
- Singapore physical location means it has become a major gateway for trade to and from Asia