Singapore Budget: What Entrepreneurs Should Know Singapore is known globally for its business competitiveness. Like any global leader in the field, however, the city-state is not immune to economic slowdowns and innovations. What gives the Republic its edge, however, is its focus and determination to keep up with global trends. Last March 2016, Finance Minister Heng Swee Keat delivered his maiden Budget speech on Parliament. His declaration holds promise for investors who are considering … [Read more...]
Comparing Singapore and Thailand
From the onset, it should be plain that Singapore and Thailand have strikingly varying cultures and ways of life that would make one wonder how they came to be such rancorous neighbors. This is in addition to the numerous feuds between the once Cold War allies. This article explores five fronts that markedly define Singapore and Thailand. Identity A visit to the Thai capital, Bangkok, as well as to the Singaporean capital, Singapore, reveals a number of subtle observations that … [Read more...]
Singapore Government Grants and Schemes for Startups and SMEs in 2016
In the business sector, Singapore is certainly known as an ideal place for setting up a business. Singapore’s start-up ecosystem is ideal because of its easy access to key growth markets, especially in Asia and its business friendly regulations. But another factor that makes Singapore a prime spot for setting up a business is its government’s generous financing schemes. The Singapore government not only encourages startups to set up shop in their locale, they also provide a way to … [Read more...]
Navigating Through the Singapore Market and its Key Growth Industries
According to Business Monitor International, Singapore is a low risk destination for investment; marking Singapore as a market to be a place with many opportunities for trade. Thanks to its extensive trade agreements, limited tariffs; not to mention the substantial trade flows the country receives due to its key geographic position, Singapore has certainly become a good place to invest and plant a business. Additionally the Singaporean government actively encourages foreign … [Read more...]