The document provides information about doing business in Singapore. It begins with a brief history noting that Singapore was founded as a British trading colony in 1819. It then lists some initial challenges of doing business in Singapore such as the large distance from places like the UK, different languages and cultures, hot and humid climate. However, it notes Singapore has become a very business friendly environment where one can set up a business in a day. It has grown to be a major global economic hub and regional center for companies, with a highly developed economy and strong trade links.