Below are a few reasons why businesses are expanding their operations to Singapore.
1. Its established business environment – The Globalisation Index of 2012 ranked Singapore as the third most preferred country for foreign investments and trade, while the August 2011 Business Environment Risk Intelligence (BERI) Report called it the best destination for investment.
2. International access – Singapore’s geographical location makes it attractive for businesses in need of air, land, and sea transport capabilities. Many companies establish their Regional Head Quarters in Singapore as they have offices strategically located in the larger region of Asia and for facilitating access to the large markets of China and Indonesia.
3. Trade relationships – Singapore is considered an easy place in which to do business partly because of its trade relationships with other countries. It has free trade agreements with the United States, Australia, Japan, New Zealand, and many European nations.