Singapore is a small island country located in Southeast Asia. The document discusses Singapore's social, technological, economic, political, international, and natural factors. Singapore has a highly skilled labor force, strong IT infrastructure, free trade agreements, low corruption, and is ranked as one of the best places globally to do business. It has a multicultural population and strives to provide high standards of living through education, healthcare and employee rights.

1. SINGAPORE

2. Group Members
• SAUD 18
• AFIFA 28
• MOINUDDIN 38
• ARSHAD AGHA 48
• NUZHAT 58
• RUKSHAR SURVE 68

3. Introduction to Singapore
• Location
• Area
• Government
• Labour Force
• Major Industries

4. • Currency
• Population Growth Rate
• Ethnic Groups
• Population
• Language

5. STEPIN Analysis
SINGAPORE

6. Social Factors
• Employee Rights
• Access to consumer goods
• Education
• Health-care

7. • Singapore is ranked 1st in Business Environment
Risk Intelligence (BERI) Labour Force Evaluation
Measure.
• Singapore has the best labour-employer relation in
Asia

8. Technological Factors
• The change in lifestyle and quality of life is the technological
advancement.
• The residents could easily connect to the rest of the world.
• The IT infrastructure in Singapore is praise-worthy.
• The penetration rate for household broadband internet is over
70%.

9. Economic Factors
Singapore – A prosperous economic model for the
rest of the world

10. Political Factors
• Free Trade Agreements (FTAs)
• Political and Government Environment
• Handling Civil Disputes :
 Litigation
Mediation
• Employment

11. • Competition
 Price-fixing
Sharing of markets or sources of supply
Limitation of production, markets, technical development
or investment
Singapore is ranked 5th in world and 1st in Asia
for having the least corruption in its economy.
(Source: IMD World Competitiveness Yearbook 2014)

12. International business
Factor
• Singapore connectivity
• Seeking a base in Asia
• Networked economies
• Global telecommunications hubs

13. Natural Factors
• Location
• Climate
• Terrain
• Area
• Environment

14. Analysis
• Cultural differences
• be aware of government-sponsored
programs
• partner with quality professional service
providers
• “Doing Business 2015 Report”, which ranks
Singapore as the world’s easiest place to do
business in 2014 and 2015.