Page 10 - Doing Business in Singapore
P. 10

COMMERCIAL ENVIRONMENT



             Chemicals
             Singapore is one of the leading energy and chemical industry hubs in the world. Many of the world’s leading
             energy and chemical companies have operations on Singapore’s Jurong Island, which has attracted more than
             S$50 billion (about US$35.94 billion) worth of investments.

             Consumer Business
             Singapore is well-positioned to support consumer businesses in innovation and regional growth strategies due
             to its central location in Asia, strong scientific and brand management capabilities, as well as conducive business
             environment.


             Institute on Asian Consumer Insight conducts research and education programmes to help in innovating brands
             and products to meet Asian consumers’ needs.

             Content & Media
             Singapore’s content and media sector consists of various industries, including media owners, games, animation,
             visual effects, and publishing. Favourable factors for content and media companies include the country's world-
             class talent, developed infrastructure and research capabilities. With its strong intellectual property laws and
             multilingual talent pool, Singapore is also an ideal location for creating and deploying new content.


             Electronics
             Singapore is a choice location for electronics companies to create and manage new markets. The Country is home
             to:
                 ▪ 15 of the world’s top 25 fabless semiconductor companies;
                 ▪ 11 of the world’s top 20 integrated device manufacturers;
                 ▪ The world’s top three hard disc media manufacturers; and
                 ▪ Four of the world’s top five electronics manufacturing services providers.

             Energy
             Singapore is Asia’s leading oil trading hub as well as an oil and oil product pricing centre in the region. It is also the
             leading bulk liquids logistics hub in Asia and a major marine bunkering centre.

             Cities, Infrastructure & Industrial Solutions
             Singapore is a leading one-stop hub for engineering solutions and home to a growing number of global engineering
             design firms. Nine of the world’s top 10 control and automation companies already have a significant presence in
             the country.


             Environment & Water
             There are about 70 water companies in Singapore that represent the entire value chain from upstream component
             players, Original Equipment Manufacturers (OEMs) and system integrators to downstream Engineering,
             Procurement and Construction (EPC) players and project developers.


             The country also nurtures the environmental industry, which includes environmental consultancy, waste
             management and pollution control.


             Healthcare
             Singapore’s standard of medical practice ranks among the best in the world. There are strategic partnership
             opportunities for healthcare service providers to develop and test innovative healthcare solutions and systems.







              Doing Business in Singapore
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