Singapore has gained a reputation as a business-friendly environment and a key economic hub in Southeast Asia. The government has implemented numerous policies to foster a welcoming and favorable business climate, enticing foreign investors and companies to establish operations in Singapore. Factors such as a modern legal system, developed economy, political stability, and highly skilled workforce contribute to Singapore's appeal for foreign businesses. The country consistently ranks among the top nations in terms of ease of company setup, according to various international rankings.
- 1st globally in World Bank's Human Capital Index, 2019
- 1st in Asia and globally in the Economist Intelligence Unit’s Best Business Environment, 2019
- 2nd as the world's premier location in the World Bank's Ease of Doing Business Index, 2019
- 2nd in the world for Economic Freedom: Economic Freedom Index 2018, Heritage Foundation
- 2nd in Asia and 7th globally in the World Bank's Logistics Performance Index in 2018 with the best seaport in Asia
- 4th in Asia and 7th globally in Transparency International's Anti-corruption Index in 2018
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