Pest Analysis Of Pestle Analysis In Singapore

ComfortDelGro is one of the largest multinational transportation companies inaugurated in 29 March 2003 through the “merger of two land transport companies - Comfort Group and DelGro Corporation”, (ComfortDelGro, n.d.) both of which were founded in the 1970s. It is the market leader in Singapore’s transportation industry and “has a global fleet of 45,335 vehicles”, (ComfortDelGro, 2017) (Appendix _) with its core services that include “bus, taxi, rail, car rental and leasing, automotive engineering services, inspection and testing services, driving centre, insurance broking services and outdoor advertising”. (ComfortDelGro, n.d.) Furthermore, it has an extensive presence in overseas markets that span across the “United Kingdom, Ireland, Australia, Vietnam, Malaysia, as well as 11 cities in China that include Beijing, Shanghai, Guangzhou, Shenyang and Chengdu”. (ComfortDelGro, n.d.) (Appendix _)

Singapore is located at the centre of a crucial sea route in the far east. The sea route is controlled by the Japanese and attempting to prevent from the British claiming the control of the route.

It is also easy for many other companies to set up headquarter in Singapore as their starting point in Asia to make it possible to reach to its market point. In addition, Singapore is unique in different lifestyles and culture. It is also known for its capability of attracting sizable foreign investment, pro-business environment and entrepreneurs. Singapore focuses more on a knowledge based economy which can be seen in its education sysem. Furthermore, Singapore is located in the heart of Asia and it plays an important role in international

My research will be based on Political, Economic, and Social Organization of Singapore—an industrialist city-state.  Even though Singapore 's history dates from the 11th century, the island was little known to the West until the 19th century. Singapore is one of the World 's largest ports, because the city of Singapore has become a major port, with trade exceeding that of Malaya 's, Malacca and Penang combined. The opening of the Suez Canal in 1869 and the advent of steamships launched an era of prosperity for Singapore as transit trade expanded throughout Southeast Asia (Bureau of East Asian and Pacific Affairs, 2010). Singapore is a very

has opened an Asian headquarters in Singapore. “Since it opened International sales, which accounted for 25% of the company's business four years ago, were 35% in 2010. The company has set a goal of at least 40% by 2014.” (JS ONLINE, Journal Sentinel)

Singapore has a highly developed market which has historically revolved around extensive exports trade, in other words an export driven economy hugely dependant on export of goods to other countries.

This Case study is intended to provide strategic analysis for Emaar properties and providing it with

The Jurong Industrial has help Singapore to industrialize the economy. With increasingly of foreign corporation entry has made Singapore more advance with it technology. Today Jurong Island has over 95 global companies. It has a fixed

Sinkeh, means “newcomer” in Hokkien dialect has been used for a name of a guesthouse which was re-proposed from a 19th century Straits Chinese shop house in George Town, Penang by an award-winning Malaysian architect Lilian Tay. Its owner is a well-known theatre director and performer named Chee Sek Thim who wants to create a modern, contemporary space that has not forgotten its past. This project was bought in 2009 and completed in 2013 with the size of 230.12 square metre of land. The existing of this mix of old and new guesthouse stands out from other eclectic boutique hotels and won the Gold Award in the Alteration & Addition category at the PAM Awards as well as was named Building of the Year in 2015.

This will boost the economy of Singapore as when more companies are willing to invest in Singapore, especially due to our strengths like competitive workforce and strategic location, it will result in greater influx of capital. It will also result in a creation of jobs for the people, boosting employment rate and generating revenue for both the country and the individual. Take for instance, the chip used in the latest PlayStation3 and Xbox. A French semiconductor company, Soitec, is investing $700 million to set up in Singapore its first offshore facility to make the wafer for this chip. The wafers involve alternating layers of silicon and insulator, unlike conventional wafers which use silicon throughout. Soitec is coming here because its technology has to be well-protected, and we are the only country in Asia that they trust well enough to set up their first manufacturing campus outside of France. Thus, positive development is a sure thing with globalization. Furthermore, since in the modern day context, money is a key indicator of happiness, thus, Singapore’s development can be mirrored by the happiness of the people with their monetary needs fulfilled.

International manager Mathew Barlow is quoted in reference to expansion of operation to Singapore that, "Singapore is a great export location for us at the moment

Singapore has a capitalised mixed economy. Having strong international trade links, Singapore possesses one of the most open economies for international trade and investment. Singapore offers foreign investors a pro-business environment, excellent infrastructure, highly-skilled and cosmopolitan labour force, and a robust legal/judicial system. These competitive factors have set Singapore apart from other locations, winning several accolades including: §

Announced by BBC News, Singapore is ranked at the top as the “Easiest Country to Start a Business” and “World’s Top 20 Most Globalized Nations". One of the main reasons is because of Singapore’s strategic location is at the heart of ASEAN (Association of South East Asian Nations). This enables the business to be access up to 8 billion people within a seven-hour flight radius.

Market share in the real estate business in Singapore is mainly capitalized by few big players such as City Development Limited, CapitaLand and Keppel Land. If any multi-national real estate company approaches to invest here, they will be restricted to a marginal shareholding in the new companies. A new entrant will be therefore a private Singaporean company, and as such the barriers to entry is high in the real estate business.

Singapore government has always been in favour of the tourism sector. In fact, Singapore Tourism Board (STB) launched a $90million BOOST (building on opportunities to strengthen tourism) for the tourism sector). The initiative help pushed the industry through tough times by assisting MICE (Meetings, Incentives, Conventions, Exhibition) companies to alleviate their business costs (Singapore Tourism Board, 2009).