The new 2016 Budget contains measures meant to support small and medium-sized enterprises (SMEs), according to Singapore’s Finance Minister, Heng Swee Keat. Together with these measures, the Government also wants to enable restructuring schemes for companies in Singapore. Our specialists in Singapore can provide you with more information about the new measures targeting SMEs.
The Singapore Stock Exchange (SGX) wants to adapt its regulations in order to allow individuals and retail investors to participate in initial public offerings (IPOs). The SGX already issued a consultation paper on the matter. Our specialists in company registration in Singapore can provide you with more information about listing requirements on the SGX.
The most recent Quality of Life Index realized by Mercer, one of the greatest companies in the world, placed Singapore on the first position among Asian countries and the 26th at international level, which is a high distinction of such a small territory. Below you will find some interesting facts about the quality of life in Singapore and why the city-state has become so attractive for young foreign citizens.
The 2016 Index of Economic Freedom released by two prestigious institutions nominated Singapore as the second freest economy in the world right after Hong Kong. Singapore has earned its position thanks to its openness to trade and investment. Our specialists in company registration in Singapore can provide you with more information about the city-state in the context of global trade.
The end of 2015 and the beginning of 2016 brought good news for the private business sector in Singapore. According to the Nikkei Purchasing Managers’ Index (PMI), January was the 11th month in which private companies have registered growth. Our specialists in company registration in Singapore can provide you with more information about business conditions in the city-state.
The Singapore life insurance industry is one of the best industries to invest in at the moment, according to the latest results released by the Life Insurance Association (LIA). Last year, this segment registered one of the highest growths in the insurance sector. The increase was also supported by the investments made by both the Government and private players. Our specialists in company registration in Singapore can provide you with more information about the insurance industry.
The Singapore Ministry for Trade and Industry recently announced the establishment of the Committee on Future Economy and the Sub-Committee on Future Growth Industries and Markets which will be given the mission to set out strategies to help local companies expand their activities abroad and tap into new business opportunities. The committees will also study new business models and technologies which could help Singapore companies.
When releasing the report on foreign investments for 2015, the Singapore Economic Development Board also gave some indication on the level of foreign investments for 2016. According to the report, 2016 is expected to drive moderate growth to investments in the city-state. Our specialists in company registration in Singapore can provide you with information about the laws encouraging foreign direct investment (FDI).