3 Political 3 Social 4 Economic 5 Legal 5 Environmental 5 Discussion and Evaluation 6 Bibliography 7 Introduction Singapore is a small country in South East Asia with no natural resources and limited population. However, the banking industry of Singapore is one of the leading players globally. This report aims to find out what are the factors that can make the banking industry thrive. A PESTLE analysis would be provided from the viewpoint of a bank in Singapore. This is to make it more realistic
the potential between two countries specifically: Singapore and Sweden, for exportation and company expansion. Socio economic environment of Singapore Singapore is a very competitive country with regards to its economy. It is an ideal place to start a business as it has risen its rank from number seven to number six on doing business according to the World Bank (2017). Although this country is highly competitive, the economic situation of Singapore is being affected as it is dependent on exports
The political risk environment is predominantly favorable for international expansion. Singapore has low political risk and was ranked as having the lowest political risk in the continent by the Political and Economic Risk Consultancy. Singapore is quite politically stable with a solid government and positive relations with neighboring countries. The political environment of Singapore is very stable. Singapore’s government is a parliamentary republic and The People’s Action Party (PAP) has ruled
Nippon Paint Singapore Co Pte Ltd was founded in 1955 by Mr Goh Cheng Liang who set up his first paint shop in Singapore & became the main local distributor of Nippon Paint. Nippon Paint Singapore has a competitive edge over its core competitors in terms of quality, customer trust and service, and diversity in product ranges. It has proved its success as Mr Goh Cheng Liang, the founder of Nippon Paint was announced as one of Singapore’s richest man with a US$8.2 billion (S$10.8 billion) fortune,
and trade in either Singapore or Sweden. This report will analyse the market potential for both countries by comparing the socio-economic, political and business environments. Finally, a country recommendation using a weighted index will display the more favorable country. 2.0 Economic Environment The socio – economic environments of Singapore and Sweden bring many similar and different factors when compared. To find the appropriate country both the economic growth and economic stability will be evaluated
1972, Singapore Airlines has become one of the world’s largest and most successful airlines over the last forty years, focusing on providing a well rounded customer experience and ultimate luxury service, with their tagline “A Great Way To Fly”. Singapore airlines has come a long way since its modest beginning in 1947, originated from Malayan Airway Limited. Owned by a state owned investment house, Temasek Holdings, Singapore Airlines commenced operations from the new Terminal 2 at Singapore Changi
Singapore: A Clean and Green City From “Garden City” to a “City in a Garden” Introduction Singapore is a city-state with a land area of about 710 km2i. It is one of the most densely populated countries in the world and yet, harbours rich natue biodiversity. Singapore is well recognized as the world’s greenest city. According to the 2011 Asian Green City Indexii, Singapore is Asia’s greenest metropolis, and the only city assessed to perform well above average in the overall rankings. The Singaporean
Jones, 2009). Thus, according to Magretta (2013), apart from the SWOT analysis, the competitive analysis of the IKEA Singapore can also be considered in terms of Michael Porter’s 5 Industry Forces. According to Hill and Jones (2009), the model implies that the risk-adjusted rates of return need to be constant across the industry. With respect to the supplier power, the IKEA Singapore has been able to differentiate its products and expand its market and production output. The company has also addressed
1992 by Bruntland Report for the World Commission on Environment and Development. There is no universal definition on what sustainable
branch. A new environment is harder to understand if we know nothing about the culture, landscape and its inhabitants. To achieve this branching-out Speedy Errands we must learn about the culture of Singapore, which includes the following: country history, social climate, family life, attitudes, religions, education, values, and economics. This report has been conducted to educate our company about the new environment and culture we want to become emerged. History of Singapore The history