Singapore's extensive connectivity, competitive workforce, vibrant R&D ecosystem as well as trusted legal infrastructure strengthen its position as a global business hub.
1. Mainland China
2. Hong Kong SAR
3. United States
1. Mainland China
4. United States
Note: Based on 2020 data
International Headquarters (IHQ) Award, Pioneer Certificate Incentive (PC) and Development and Expansion Incentive (DEI)
Finance and Treasury Centre (FTC) Incentive
IP Development Incentive
Global Traders Programme
World Economic Outlook (October 2021); World Bank; UNESCO Institute of Statistics; International Labour Organization: Global Wage Report 2020–21: Wages and minimum wages in the time of COVID-19; Singapore Department of Statistics; Enterprise Singapore; Singapore Economic Development Board (EDB); Inland Revenue Authority of Singapore (IRAS)
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Southeast Asia’s largest economy and the world's fourth most populous country.
Export-driven economy strategically located at the heart of Southeast Asia.
Thailand’s world-class infrastructure connects the region through air, land, sea and rail.