Monday, 11 August 2014

Singapore: Asia's Little Red Dot and Economic Powerhouse

  • Since its independence in 1965, Singapore has become a global economic powerhouse.
  • With its 'entrepot' history, Singapore is a regional trading hub ranked as the 2nd most competitive country in the world.
  • Recently, Singapore has moved up the economic ladder into higher value added sectors, e.g. biotechnology and the biomedical industry.
  • Singapore's fiscal conservatism, ample FX reserves and solid legal infrastructure underscore the country's relative attractiveness within a fast growing region.
Read the full article, first published on Seeking Alpha on August 4, 2014, via this link: 

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