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Singapore Economic Development Board: Headquarters | EDB
For many years, Singapore has been the preferred home for many global businesses. This is due to its developed infrastructure, business friendly policies, political stability, strategic location, skilled workforce and the favorable intellectual property rights laws. Global businesses have found it easy to establish their regional headquarters in this business friendly country. In fact, over 7, multinational companies have established their operations in this country. The sound infrastructure makes doing business in Singapore easy and favorable. The existence of good road networks has attracted many manufacturing businesses such as a large Dutch multinational firm — which blends chemicals and fuels for petrochemical clients. It is due to the highly developed transport infrastructure, business friendly environment and the presence of other global petrochemical players that the firm has decided to establish its Asia Pacific headquarters in Singapore.
The case for centralization in Asia
Singapore is a global city and sovereign state in Southeast Asia and the world's only island city-state. Between and , growth rates averaged around 6 per cent per annum, transforming the living standards of the population. This list shows firms in the Forbes Global , which ranks the world's largest public companies for This list shows firms in the Fortune Global , which ranks firms by total revenue for
Singapore beats Hong Kong as the top Asian location for multinational corporations MNC to set up regional headquarters. KPMG cited the country's tax loss relief - which is an emerging global trend - which helps attract MNCs, and said if Hong Kong wants to catch up, it should follow along. Do you know more about this story?