Saturday, May 2, 2009

Singapore - What are all your plus points ?

Glad to do a summary of the few Global rating affirming Singapore creditworthiness.

1) ST Apr 12, 2009 - Doing business ? Singapore is fourth best. Republic goes up four spots in Forbes annual world ranking. Its survey ranked 127 countries according to criteria such as taxes, red tape, investor protection, stock market performance, promotion of free trade and freedom of expression and organisation.

2) ST Apr 23, 2009 - Singapore named best Asian seaport for the 21st time in 23 years, beating Hong Kong and Kang in Malaysia. - It received the honour at the 23rd Assian Freight and Supply Chain Awards (AFSCA) in Hong Kong recently. Winning the award affirms the confidence the maritime community has in Singapore as its port of choice in Asia.

3) ST Apr18, 2009 - Singapore retains AAA rating from Fitch, a Global ratings agency. Singapore's strong external finances, solid public finances, stable political stiuation and flexible government policies are the plus points of the creditworthiness. Singapore's international reserves, including gold, are maintained at a record high of US$174 billion (S$261 billion).

4) ST Apr 8,2009 - Singapore remains Asia's least corrupt country. Perc, The Political and Economic Risk Consultancy made this observation in its latest annual survey of perceptions of corruption in the region. Foreign investors view Singapore's " clean" image as an attibute that gives it a competitive advaantage over most other countries in the region.
About 1,750 loacl and foreign executives in teh region, Australia and United Stated were interviewed face to face, by direct mail and email for this survey.

5) ST Feb 20, 2009 - Singapore is the most wired nation on earth with the household broadband penetration rate hitting 99.9 per cent last December - figure given by IDA, Infocomm Development Authority. Following behind with have South Korea ( 92 per cent ), Hong Kong ( 83.8 per cent ) and Taiwan ( 76.8 per cent ). With high subscriber rates for broadband usage, charges per month are easily less than S$47, previously charge, and with much higher access speed.

Last but not least, according to the Singapore Tourism Board (STB), Singapore has carved out a niche for offering affordable quality education. Students have the advantages of being able to study at some of the world's leading institutions, at a fraction of what it would cost in Britain and the United States, due to lower fees and the comparatively low cost of living.

With all these plus points, would you consider coming to Singapore ?
We look forward to welcome you.

Share with us your comments.