Business & Economy of Singapore
Tanjong Pagar Housing Estate in Singapore with the Pinnacle@Duxton, the world's tallest public residential buildings, in the background.
Image: Bob T
The Economy of Singapore
Singapore is one of the most market-oriented and open economies in the world and is also considered the easiest country in which to do business. In recent years, Singapore has launched a productivity drive to boost GDP growth and facilitate its transformation into a high-tech economy. Singapore is a major international maritime center and a global air hub.
[2]
Business and Money
Monetary Authority of Singapore
MAS
MAS administers the various laws that relate to money, banking, insurance, securities and the financial sector in general.
Singapore Exchange SGX
Official site of Singapore Stock Exchange.
Singapore International Chamber
of Commerce
Official site of the Chamber.
Enterprise Singapore
The former Singapore Trade Development Board and later International Enterprise (IE) Singapore now acts as Enterprise Singapore, the government agency that promotes enterprise development.
Singapore's Major Companies
Banking
DBS Bank
DBS is a Singaporean multinational banking and financial services corporation headquartered in Marina Bay, Singapore.
OCBC Bank
Oversea-Chinese Banking Corporation, a publicly listed financial services organization headquartered in Singapore.
UOB
United Overseas Bank is a multinational banking organization headquartered in Singapore; UOB has branches in most Southeast Asian countries.
Telecommunication (telcos)
M1
M1 Limited is one of the four major telcos operating in Singapore.
MyRepublic
Singaporean communications services provider.
Singtel
Singapore Telecommunications Limited, a major telecommunications company with operations in 20 countries.
StarHub
Telecommunications company based in Singapore.
Insurance
Great Eastern Life Singapore
Great Eastern Life is the oldest insurance company in Asia; it is the largest life insurer in Singapore and Malaysia.
Others
Fraser and Neave (F&N)
The group’s subsidiaries and associated companies include Frasers Centrepoint, Asia Pacific Breweries and Times Publishing. Fraser and Neave is, since 2013, a subsidiary of
ThaiBev (Chang Beer, Thailand).
Keppel Corporation
The company is focused on marine, property and infrastructure businesses.
[3]
SembCorp Marine
Sembcorp Marine provides engineering solutions for ship repair, shipbuilding, ship conversion, rig building and offshore engineering; it is headquartered in Singapore.
Trafigura
Singaporean multinational commodity trading and Fortune Global 500 company.
Wilmar International
Asia’s leading agribusiness group, one of the world's largest oil palm plantation owners and a Fortune Global 500 company, was founded in 1991 and is headquartered in Singapore.
Business News
Business Times Online
S'pore business news.
Yellow Pages
Yellow Pages Singapore
Online Yellow Pages.
Transportation
Airlines
Singapore positions itself as a leading aviation hub due to its strategic location at the heart of the Asia-Pacific region. Well-placed to benefit from the growth potential of aviation-related activities such as air cargo handling, maintenance, repair and overhaul (MRO) services and aircraft manufacturing.
Singapore Airlines
Official site of the national carrier, based at Changi Airport.
SilkAir
The regional wing of Singapore Airlines connects to destinations in Asia.
Scoot
Low-cost long-haul airline owned by Singapore Airlines with destinations in Asia and Australia.
Tigerair
Tigerair was a budget airline headquartered in Singapore; it ceased operations in July 2017 (merged with Scoot).
Airport
Singapore Changi Airport
Official site of Singapore's Changi Airport.
Public Transport
SMRT
The state's mass rapid transit passenger service.
Land Transport Authority
Public Transport information with maps to get around in Singapore.
Ports
Port of Singapore
The Port of Singapore is the world's second-busiest port in terms of total shipping tonnage; it also transships one-fifth of the world's shipping containers, half of the world's annual supply of crude oil, and is the world's busiest transshipment port. Singapore's port is crucial for the import of raw materials and the subsequent re-export of refined products.
Maritime and Port Authority of Singapore
MPA regulates and manages port and marine services, facilities and activities in Singapore waters.
Tanjong Pagar container terminal, one of several container terminals within the Port of Singapore.
Image: Nicolas Lannuzel