Why Asia Pacific?
Population
The largest middle-class consumer market in the world, with a population of over 3.6 billion people. Predicted to reach a consumption level of US$55 trillion by 2030.
Labor force of 2 billion people, means that one of every two potential wage earners in the world lives in this region.
Labor force of 2 billion people, means that one of every two potential wage earners in the world lives in this region.
Economy
The fastest-growing region in the world, contributing more than two-thirds of the growth of the global economy.
In 2018, it concentrated 31% of world GDP. By 2024 the share will have risen to 36%. Macroeconomic stability, with average inflation of 2.9% in the last 10 years.
In 2018, it concentrated 31% of world GDP. By 2024 the share will have risen to 36%. Macroeconomic stability, with average inflation of 2.9% in the last 10 years.
Trade and investment
In 10 years, the region doubled its trade, reaching $ 12.8 billion in 2018. In this year:
- Captured 28% of the global Foreign Direct Investment (FDI) flows.
- Concentrated 33% of exports and 32% of world imports.
- Traded 35 billion dollars a day, equivalent to almost one million containers daily. Tha is 50% of the world volume.
- It has 9 of the 10 most important seaports in the world.
Benefits of doing business from Singapore
Hub to Asian markets
Singapore is one of the world's most connected countries, strategically located along the world's major trade routes, where it has become the hub and gateway to Asian markets.
It sits within a 6-hour flight to any major city in Asia, positioning it as an ideal hub form which one can access the region and its growing consumer markets. Many of the world's top consumer firms are based in Singapore.
It sits within a 6-hour flight to any major city in Asia, positioning it as an ideal hub form which one can access the region and its growing consumer markets. Many of the world's top consumer firms are based in Singapore.
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Business transparency
Singapore has retained its place as 2nd best on a World Bank ranking for the ease of doing business for the seventh consecutive year, with emphasis on its sound business regulations with a high degree of transparency.
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Logistics hub
Singapore ranked by the World Bank as Asia's top logistics hub for 10 years in a row, offering world-class connectivity, form where companies across a wide spectrum of industries manage their supply chains here.
Businesses around the world aiming to expand into new regions, utilize Singapore's vast business connectivity through Asia, composed of an extensive network of Free Trade Areas, covering 60% of global GDP.
Businesses around the world aiming to expand into new regions, utilize Singapore's vast business connectivity through Asia, composed of an extensive network of Free Trade Areas, covering 60% of global GDP.
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Strongest economy
Singapore remains one of the world's strongest economies. Anchored in political stability, low corruption rates and transparent public institutions, Singapore remains one of the strongest and predictable economies in the world, ideal for businesses to flourish.
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