Tiger of Asia doing business in singapore

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Tiger of Asia doing business in singapore

  1. 1. Tiger of Asia<br />Doing Business in Singapore<br />
  2. 2. “Oh, East is East, and West is West, <br />and never the twain shall meet!”<br />Rudyard Kipling<br />
  3. 3.
  4. 4. 46<br />Today<br />46<br />Today<br />
  5. 5.
  6. 6. The city-state of Singapore was Founded as a British trading colony in 1819 by <br />Sir Thomas Stamford Raffles<br />
  7. 7. Doing Business in Singapore<br />Are you nuts?<br /><ul><li>6,826.64 miles from Glasgow to Singapore
  8. 8. 16 hours of travel
  9. 9. Eight hours time difference
  10. 10. Different languages to grasp
  11. 11. 1/10thpopulation size of UK
  12. 12. Food is very spicy
  13. 13. Hot and humid - 100 degrees every day!</li></li></ul><li>Henry Mintzberg<br />
  14. 14. And then they built the integrated resorts<br />Henry Mintzberg<br />
  15. 15. Henry Mintzberg<br />
  16. 16. Henry Mintzberg<br />
  17. 17. Me<br />
  18. 18. Henry Mintzberg<br />
  19. 19. Singapore Facts and Figures<br />
  20. 20. Overview of Singapore Economy<br />2010 GDP growth: 14.5%<br />2011 GDP growth forecast: 4% to 6% <br />Source: Annual Economic Survey 2010<br />
  21. 21. Industrial Transformation<br />
  22. 22. Among the Fastest Growing Economies<br />Population 5.2 million<br />GDP 2010 per head: £23,622<br />GDP Growth 2010: 1.4%<br />Total Trade 2010: £131bn<br />Inflation (CPI, 2010): 3.5%<br />Unemployment 2010: 8.5%<br />FDI : £41bn<br />Population 5.2 million<br />GDP 2010 per head: £27,841<br />GDP Growth 2010: 14.5% <br />Total Trade 2010: £410 bn<br />Inflation (CPI, 2010): 2.8%<br />Unemployment 2010: 2.2%<br />FDI : £225.8 bn<br />
  23. 23. Economic Development Board (EDB)<br />Mr Tommy ZHENG<Assistant Head <br /><Consumer Insights Programme Office<br />Singapore Economic Development Board<br /><tel: 6832-6286<fax: 6832-6525<web: www.sedb.com<br />
  24. 24. Global Leadership Positions<br />
  25. 25. Core Economic Principles<br />Source: World Bank “Doing Business 2010”<br />Source: World Bank “Doing Business 2010”<br />Source: World Bank “Doing Business 2010”<br />
  26. 26. Opportunities<br /><ul><li>Singapore is regional hub for many companies
  27. 27. Breakfast meeting in Singapore, lunch meeting in KL and evening meeting in HK!
  28. 28. Ang Mo factor
  29. 29. Feed the Beast
  30. 30. Stop in Middle East
  31. 31. Name Card</li></li></ul><li>Business Friendly<br /><ul><li>Set up a business in a day
  32. 32. Must have one local director
  33. 33. Legal System
  34. 34. Tax </li></li></ul><li>An Inside Look<br /><ul><li>It is the world’s second most densely populated city right after Monaco
  35. 35. Part of the four East Asian Tigers (with Hong Kong, South Korea and Taiwan)
  36. 36. Mainly Chines then Malay, Indian and Others
  37. 37. Everyone speaks two languages, English and…</li></li></ul><li>Henry Mintzberg<br />
  38. 38. www.strategyimplementationblog.com<br />

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