Singapore signs MOUs with Russia, Korea

Singapore has signed memorandums of understanding (MOUs) with Russia and Korea this month. The MOUs represent Singapore’s commitment to forge strategic alliances that will in turn lead to large-scale collaborations between the countries. According to Mr Chua Taik Him, Deputy CEO of IE Singapore, MOUs are crucial, especially in times of uncertainty, to help companies [...]

Start-ups in good stead to ride on Singapore’s growth

The Singapore Economic Development Board’s (EDB) International Advisory Council (IAC), recently surmised that Singapore’s “best days are ahead,” based on its evolution into a Global-Asia hub over the last half century. The council, which meets biannually to chart Singapore’s future development strategies, concurred that Singapore will remain bullish in tapping opportunities in challenges and in [...]

Singapore to nurture globally competitive enterprises

Singapore’s strategic position in the heart of Asia is a natural boon that has inked its economic destiny since it was founded in 1819. Since then, its stable political history, efficient governance and strong economic ties globally are attractive factors that have continued to attract entrepreneurs and investors to its shores. However, this is just [...]

Singapore’s biomedical sector presents opportunities for tech start-ups

Latest data from the Ministry of Trade and Industry of Singapore indicates that the biomedical sciences sector, which has a headcount of more than 13,000 and contributes 10% of Singapore’s total manufacturing output, was one of the key factors that bolstered Singapore’s manufacturing sector 13.1% year-on-year growth in the first quarter of 2011. This strong [...]

Singapore, the new financial powerhouse?

There has been a recent spate of news reports over the last few days highlighting Singapore’s rise to fame as the number one financial jobs generator for 2011. Apparently, 37% of the 297 London-based bankers and hedge fund staff who were interviewed by top recruitment firm Astbury Marsden opine that the city-state will lead the [...]

A look at why Singapore is a valuable partner for Indian companies

Singapore has long been known for its role as a gateway to regional and global markets for international minded companies. In recent times, Singapore’s role as a springboard to global markets has taken center-stage with many a company choosing the city-state as their regional headquarter base. With the rise of the Asian economy, a number [...]

Singapore–Spain Agreement for Avoidance of Double Taxation Opens Doors for Business

The Republic of Singapore and the Kingdom of Spain has officially signed an Agreement for the Avoidance of Double Taxation and Prevention of Fiscal Evasion with respect to Taxes on Income which opens up doors for more foreign investments and more new Singapore company formation.

Singapore, a hotbed for info-comm start-ups

Singapore is proving to be an attractive destination for info-comm firms and the Infocomm Development Authority of Singapore (IDA) is all out to draw in start-ups from allover the world to set up engineering centres in Singapore. Over the past few years, 40 such firms from countries such as US, China, Finland and Israel have [...]

Singapore firms receive high credit ratings

The recently released corporate rankings by DP Information Group, a Singapore-based information and credit bureau, shows that there has been  quantum leap in the credit worthiness of Singapore companies as compared to a year ago. As many as 180 companies out of the top 1,000 Singapore companies and 87 SMEs out of the top 1,000 [...]

How corrupt is Singapore?

Transparency International has released its 2010 Global Corruption Barometer, one of the biggest worldwide public opinion surveys on corruption.

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