Why Singapore Is An Ideal Place For Businesses

Singapore is a brilliant city country. Brilliant by a huge margin from above average. It's a perfect place to start and nourish businesses. If you are an entrepreneur and wants to target emerging markets than there is no place better than Singapore.

Infrastructure

Infrastructure in Singapore is almost parallel to that of western countries. Public transport is fast, affordable, have good coverage and is easily accessible. Same transport pass works on a huge network of trains and buses which covers almost whole Singapore.

Same is the story with water supply to WiFi. Various cafes across the city have fast free Internet access and people indulge in work to meetings there.

Lots of planning is done in developing residential complexes. They have all basic amenities. Ample parking space and good green cover. Industrial complexes are well connected to public transport and some of the best work places are built over MRT stations. Very accessible, secure and built to last.

Society

Society is welcoming of foreign nationals and country has a cosmopolitan milieu. Lots of social freedom. People don't interfere in each others' business and are friendly. It's totally safe to travel anywhere at any hour. Almost negligible crime rate. People are happy and respectful. Lots of cultures means lot to learn and see. In my opinion Singapore has best of all neighboring nations and cultures. Although I did ended up having vegetarian food which had fish in it (Fish is considered vegetarian!).

Many activities and events to participate in. Good clubs, restaurants and sport areas. For some reason people like to jog a lot. Are definitely very competitive in a good way and like to keep learning.

It is also a plus that locals have to spend two years in military. That prepares them for life and instill discipline and camaraderie in them.

Talent

Singapore invites lots of bright students from across Asia and offer huge scholarships. They have finest education system which is truly focused in creating leaders for tomorrow. A lot of emphasis on entrepreneurship and building thought leadership. Lots of exchange options are available which again gives edge to students to work in a truly global world. Government grants are readily available for right candidates. Lots of on campus programs to nurture talent.

Economy

Singapore is financial capital of the world. Has huge ports and is center for lots of trade and host headquarters of lots of banks. Even after all this Singapore has almost negligible inflation. I read somewhere that it was .03% for year 2009. Quite an achievement. Food and other goods of daily use are cheap. Taxes are low and simple. Although cars are heavily taxed. Which is a good thing considering Singapore has a brilliant transport system.

Per capita income is higher than average wages! Which leaves lots of money with government and government invest heavily in infrastructure.

Corporate Governance

I was surprised to learn the easiness with which businesses can be setup in Singapore. Red tape is almost non existent and if you have all the right papers you be good to go in no time. Singapore has no nonsense corporate laws and proper checks are in place; which are followed.

All said, Singapore is the best place to start a business. Moreover, possibly the best place to live in Asia. Look no further.