ukabc.org.uk - Singapore

Singapore - UKABC

Ukabc.org.uk Spined HTML

Singapore - UKABC UK - ASEAN -MerchantryCouncil Events BACKEvents Upcoming events Past Events Research BACKResearch Publications Success stories Opportunities BACKOpportunities Export opportunities High Value Campaigns News BACKNews Latest News News Sources Markets BACKMarkets ASEAN   Brunei Myanmar Cambodia Singapore Indonesia Thailand Laos The Philippines Malaysia VietnamWell-nighBACKAbout What We Do The Team Board of directors Our partners Contact Us Search Login | Register Username Password Remember Me register For full wangle register today for self-ruling Home | Markets | Singapore Singapore Singapore increasingly serves as a hub for Southeast Asia wideness an wide-stretching range of financial and merchantry services. The services sector makes up over two thirds of GDP share, dominated by financial and merchantry services. Singapore is the fourth global financial centre without London, New York and Hong Kong, and the second largest wealth management centre without Switzerland. Thanks to its geographical location, its port, airport and deregulated telecommunications, Singapore is a regional centre for practically every commercial activity, most importantly: transhipment, warehousing, distribution, procurement, financial and merchantry services. The links between Singapore’s Chinese merchantry polity and its counterparts in the region have reinforced these advantages. Trading links with Malaysia and Indonesia are strong and well-established. English is the official merchantry language and Singapore’s legal system is based on British Common Law, providing strong IP protection. Singapore has the 2nd most protective IP regime in the world without Finland, equal to the World Economic Forum. The General Agreement on Tariff and Trade (GATT) has ranked Singapore the world’s 16th largest importer and exporter. Both the main exported and imported items are: chemicals and chemical products, petroleum and products, manufactured goods (i.e iron and steel, non-metal mineral manufactures and metal manufactures, etc) and machinery and transport equipment (i.e office and data machines, telecommunication workings and electrical goods, etc). Country Information Head of State: President Halimah Yacob Capital city: Singapore Total population: 5,610,000 Languages: Mandarin (official), English (official), Hokkien, Tamil, Cantonese, Teochew, Malay (official), other Chinese dialects Religions: Buddhist 33%, Christian 18.8% Muslim 14%, Taoist 11%, Hindu 5%, Other 18.2% Monetary unit: Singapore dollar (SGD) Natural resources: Fish, deepwater ports Major exports: Machinery and equipment (electronics and telecommunications), pharmaceuticals and other chemicals, refined petroleum products Major imports: Machinery and equipment, foodstuffs, consumer goods, mineral fuels, chemicals Singapore is a founding member of ASEAN and joined in August 1967. It is a model of economic development, rhadamanthine an advanced, modern economy ranking 3rd globally in terms of GDP per capita. Singapore is predicted to protract growing relatively rapidly compared to similarly wealthy countries and it is expected to rise remoter up the per capita income Economic Freedom. But it faces its own unique set of challenges – squeezed by an ageing population on the one hand and increasing political sensitivities over immigration into the world’s second-most densely populated country (after Monaco) on the other. Most work in Singapore is in the service sector and poverty levels are low compared to other countries in the region. Singapore has the world’s highest percentage of millionaire households. Tourism forms a large part of the economy with over ten million visitors each year. Gambling has been legalised and the country’s casino resorts have proved popular destinations. Singapore moreover offers competitive income tax rates, various financial assistance schemes and tax incentives to vamp and squire companies to grow their businesses. ReadIncreasinglyUseful Links: British Chamber of Commerce Singapore Department for International Trade Singapore British High Commission in Singapore Share this Market: MARKETS ASEAN Brunei Cambodia Indonesia Laos Malaysia Myanmar Thailand The Philippines Vietnam Singapore events Singapore FinTech Festival 2018 Singapore Mon, 12 Nov. 2018 Singapore, Singapore DIT’s Technology Trade Missions to Singapore and Malaysia   Malaysia, Singapore Mon, 22 Oct. 2018 Trade Mission for Green Energy Technology Companies Indonesia, Singapore Sun, 28 Oct. 2018 Offshore Southeast Asia 2018 (OSEA) ASEAN, Singapore Tue, 27 Nov. 2018 Singapore VIEW ALL EVENTS Singapore publications ASEAN ‘DoingMerchantryin…’ 2018 Guides Mon, 29 Jan. 2018 Published by the World Bank every year, DoingMerchantrysheds light on how easy or difficult it is for a […] Singapore DoingMerchantryin Singapore Wed, 2 Mar. 2016 This guide to doing merchantry in Singapore will provide foreign investors with an insight into the key aspects of investing […] Singapore SUCCESS Stories ASEAN What to Expect from a Trade Mission Mon, 9 Oct. 2017 The Creative and Digital Trade Mission to Singapore on 20-23 September saw several small UK companies get their first taste […] Singapore Fst Mon, 13 Mar. 2017 Craig Watson, Chief Strategy Officer at fst, a Buckinghamshire-based creative agency, tells us well-nigh setting up an office in Singapore, […] ASEAN Filtermist Sat, 27 Feb. 2016 Established in Shropshire in 1969, Filtermist International manufactures and markets a range of oil mist collectors which are used to […] ASEAN Westaway Sausages Sat, 27 Feb. 2016 Westaway Sausages are a family owned SME based in the heart of Devon, that specialises in producing pure “Butchers Style” […] VIEW ALL SUCCESS STORIES MARKETS ASEAN Brunei Cambodia Indonesia Laos Malaysia Myanmar Thailand The Philippines Vietnam STRATEGIC PARTNER OUR PARTNERS FOLLOW US CONTACT US Tel: +44 (0)20 7828 3431 Email: info@ukabc.org.uk UK - ASEAN -MerchantryCouncil Privacy Policy Cookies Set up Cookies © 2018 UK-ASEANMerchantryCouncil - UKABC. All Rights Reserved Web diamond by Appnova We are using cookies to requite you the weightier wits on our website. You can find out increasingly well-nigh which cookies we are using or switch them off in settings. Accept Change cookie settings Privacy Overview Strictly Necessary Cookies 3rd Party Cookies Powered by GDPR plugin Privacy Overview This website uses cookies so that we can provide you with the weightier user wits possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.You can retread all of your cookie settings by navigating the tabs on the left hand side. Strictly Necessary Cookies Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. If you disable this cookie, we will not be worldly-wise to save your preferences. This ways that every time you visit this website you will need to enable or disable cookies again. 3rd Party Cookies This website uses Google Analytics to collect unrecognized information such as the number of visitors to the site, and the most popular pages. Keeping this cookie enabled helps us to modernize our website. Please enable Strictly Necessary Cookies first so that we can save your preferences! Enable All Save Changes