APAC
Singapore
Economical
National GDP: $276.5 billion
“Developed” Economic Stage
Population size: 5.312 million
Geographical size: 697 s...
Geopolitical
Type: Parliamentary republic
Competitive tax rates and a transparent regulatory environment encourage
vibrant...
Societal
Population: 5,460,302
Religion: Buddhism
Family: 4th best life expectancy at birth in the world
Healthcare: 1.82 ...
Logistical
9 airports
Ranked 6th in world for marine merchant
3,356 km of roadways
122 km of pipelines
Port and terminal i...
Why Singapore?
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Singapore is one of only 14 economies in the world with a sovereign cre...
Helpful links
• http://www.heritage.org/index/country/singapore
• http://annual.cfainstitute.org/2013/05/16/10-facts-about...
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Market Research: Singapore

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International Marketing (MKT 4325) - Global Organization project
Market analysis

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Market Research: Singapore

  1. 1. APAC Singapore
  2. 2. Economical National GDP: $276.5 billion “Developed” Economic Stage Population size: 5.312 million Geographical size: 697 sq km Population Density: 116 people per km² GDP Purchasing Power Parity: $331.9 billion Singapore’s economic freedom score is 88, making its economy the 2nd freest in the 2013 Index. Its score is 0.5 point higher than last year, with an advancement in financial freedom outweighing small deteriorations in five other economic freedoms. Singapore is ranked 2nd out of 41 countries in the Asia–Pacific region.
  3. 3. Geopolitical Type: Parliamentary republic Competitive tax rates and a transparent regulatory environment encourage vibrant commercial activity, and the private sector is a continuing source of economic resilience and competitiveness. However, state ownership and involvement in key sectors remain substantial. A government statutory entity, the Central Provident Fund, administers public housing, health care, and various other programs, and public debt is equal to a year’s production for the entire economy. Singapore Parliament House
  4. 4. Societal Population: 5,460,302 Religion: Buddhism Family: 4th best life expectancy at birth in the world Healthcare: 1.82 physician/1,000 people Education: 98% literacy rate for males, 95.9% for females Language and Dialects: Mandarin Chinese and English Rural vs. Urban: Very urbanized Historical Transition: Singapore was founded as a British trading colony in 1819. It joined the Malaysian Federation in 1963 but separated two years later and became independent.
  5. 5. Logistical 9 airports Ranked 6th in world for marine merchant 3,356 km of roadways 122 km of pipelines Port and terminal into Singapore Straight 7% Goods and Services Tax High excise taxes on beer, wine and liquor, tobacco products, motor vehicles and petroleum products. Prudent macroeconomic policy within a stable political and legal environment has been the key to Singapore’s continuing success in maintaining one of the world’s highest levels of economic freedom. Well-secured property rights promote entrepreneurship and productivity growth. A strong tradition of minimum tolerance for corruption is institutionalized in an efficient judicial framework, strongly sustaining the rule of law. Singapore’s openness to global trade and investment has facilitated the emergence of a more competitive financial sector and continues to provide real stimulus and ensure economic dynamism.
  6. 6. Why Singapore? 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Singapore is one of only 14 economies in the world with a sovereign credit rating of AAA from Standard & Poors. The Singapore Exchange (SGX) is Asia’s most internationalized exchange with more than 40% of companies listed originating outside of Singapore. SGX also offers the world’s largest offshore market for Asian equity futures market, which is centered on Asia’s three largest economies: China, India, and Japan. Singapore is the fourth-largest foreign currency trading center in the world, according to the Bank for International Settlements Singapore is the fourth-largest foreign currency trading center in the world, according to the Bank for International Settlements Singapore is the fourth-strongest financial market in the world. The World Economic Forum praised the country for its high degree of financial stability, bank efficiency, and commercial access to capital. The Singapore-dollar bond market is one of the most international bond markets in Asia, with more than a quarter of its private bonds coming from foreign issuers. Singapore has the highest concentration of millionaire households, with 15.5% of all households having at least $1 million in assets under management. And with all those millionaires and more wealth coming in from across Asia, Singapore could overtake Switzerland as the world’s largest offshore wealth hub by 2020, according to WealthInsight, a London-based research firm. CFA Society Singapore is the first and oldest member society of CFA Institute outside North America. It is one of the top 10 largest member societies. There are more than 500 players in the asset management industry in Singapore, with total assets under management of more than S$1.4 trillion.
  7. 7. Helpful links • http://www.heritage.org/index/country/singapore • http://annual.cfainstitute.org/2013/05/16/10-facts-about-the-singaporefinancial-market/ Outline of Singapore’s government: • http://www.gov.sg/government/web/content/govsg/classic/about_us Facts on the Singapore Economy and why it's good for international business • http://app.singapore.sg/about-singapore/awards-and-rankings Impressive Infographic about Singapore • http://app.singapore.sg/about-singapore/sg-facts CIA Factbook with hard numbers that show Singapore's promise • https://www.cia.gov/library/publications/the-world-factbook/geos/sn.html

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