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: http://seekingalpha.com/article/2377295-singapore-asias-little-red-dot-and-economic-powerhouse