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Singapore As A South East Asian Country Essay

Decent Essays

Singapore risk assessment
I. Introduction
Singapore is a South East Asian country. However, unlike other countries in the region, Singapore is notable for its high standard of living and a modern and efficient economy, similar to a country in Europe or North America. Singapore is an ideal transition place for Western company seeking to expand to Asia but lack the practical knowledge and experience operating in the region. This paper aims to explore the various aspect of the business climate in Singapore and risks that a foreign company might face when expanding its operation to Singapore.
II. Methodology.
In order to provide a complete and accurate picture of Singapore and the associated risks of doing business in Singapore, this paper collect data across multiple segments of Singapore. These segments include the economy, population and business culture in Singapore, financial risks in Singapore and environmental risks. The quality of data is important and only data from governmental sources, international institution and respected consulting company are used. The accompanying appendix is calculated based on these data and aid in exploring and presenting the business environment in Singapore.
III. Economy of Singapore
1. Overview of Singaporean Economy.
Singapore has a highly developed free-market trade –oriented economy and heavily relies on export and import. The tiny landmass of the nation means Singapore has little natural resources and small domestic market. As a

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