The services industry is going very well in Singapore, as reports show an increase in turnover. The Department of Statistics in Singapore issued a survey reporting strong growth especially in the healthcare and financial and insurance sectors of the services industry. For detailed information about the best industries to invest in at the moment you can get in line with our specialists in Singapore.
In their desire to provide the best services to customers, Singapore banks have begun to consider new improvements related to security measures. All banks in Singapore are currently trying to upgrade their systems in order to increase the security of online transactions. Our specialists in Singapore can provide you with information about the actual banking regulations in the city-state.
The number of mergers and acquisitions in Singapore almost doubled in 2015, according to national statistics. The largest numbers of deals were registered in the private equity, public offerings and venture capital sectors. Most of the deals were concluded by Singapore companies purchasing smaller overseas companies.
The Singapore Stock Exchange (SGX) has turned out to be one of the world’s most successful stock exchanges of the year 2015 after being nominated the Exchange of the Year for Asia, Australasia and Middle East. You can find out more about the SGX from our specialists in company formation in Singapore.
Asia has started to attract more and more high net worth individuals, and among all countries Singapore has risen as the most attractive for foreign enterprisers investing in private equity. To this purpose a governmental agency has launched a program dedicated to investors seeking to invest in such ventures. Our specialists in company registration in Singapore can provide you with detailed information about investment opportunities.
With a long tradition in cooperating with different agencies in the private sector, the Singapore Government launched a new program to support companies in their endeavor of increasing productivity levels and innovation. This time the Singapore Workforce Development Agency (WDA) has launched a joint program with the Business Federation in the city-state.
At the beginning of November 2015, Singapore and China have started new negotiations on the upgrade of the Free Trade Agreement (FTA). The two countries have also celebrated 25 years of stable diplomatic and financial relationships. As such, if you are a Chinese investor interested in company formation in Singapore, you should know that the business environment between the two states offers advantageous provisions your company may benefit from.
Infocomm Development Authority of Singapore (IDA), through the help of United Overseas Bank, has started a new program which will help financial technology start-ups (named fintech). The two entities will start a company that will provide the necessary support for fintech start-ups, facilitating the process of implementing their idea to a business with good financial prospects.
Singapore’s International Enterprise trade agency and Bank of China have signed an agreement which will upgrade commodity trading and financial sector in Singapore. If you are a foreign investor interested in company formation in Singapore in the commodities field, you should know that Bank of China had just opened two global commodity business centers here.