Return to our Home page Search
Click here for the hotel and hospitality news from around the globe Hotel, Travel and Hospitality Articles Videos and in-depth Interviews
CONCIERGE DESK
Read more now
Read more now
Read more now
Singapore still best country for business.
Tuesday, 24th June 2014
Source : PropertyGuru.com.sg
 

Singapore looks set to remain as the world’s most investor-friendly location from 2014 to 2018, according to the Economist Intelligence Unit (EIU)’s latest Business Environment Rankings (BER). 

The city-state also ranked first from 2009 to 2013.
4Hoteliers Image Library
Source:  Economist Intelligence Unit

The only other Asian country in the top ten for the next five years is Hong Kong, which remains in third place.

According to the report, Asia’s best performers share several common factors - a favourable policy environment, especially for finance and foreign investment, with competition policies that include international best practice.

EIU foresees migration of skilled labour within Asia to be relatively unimpeded. Companies will be able to expand or reduce their workforce with ease, as well as have the freedom to hire foreign nationals and set wages.

Compared with other areas of the business environment however, Singapore fared relatively poorly in the infrastructure category in the BER.

While some of Asia’s infrastructure is excellent, particularly in telecoms and air transport, EIU highlighted other areas require investment to improve distribution networks and utilities provision, as well as lower office rents.

Muneerah Bee, Senior Journalist at PropertyGuru, wrote this story. To contact her about this or other stories email muneerah@propertyguru.com.sg / www.propertyguru.com.sg

~ Important Notice ~
Articles appearing here contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.

Learn more about DigiJames - in room technology
Advertisment  
 Related News  (Click title to read article)
Immigration and the Chinese HNWI 2014.
Accor to manage two new hotels in Singapore.
Singapore boosted by growth in international affluent tourists.
Hong Kong ranks 8th worldwide for a hotel Club Sandwich price, Geneva tops again.
 Latest News  (Click title to read article)
TravelDaily China Travel Distribution Summit
Monday, 28th July 2014

Vacation equality project brings attention to inequality of paid vacation
Monday, 28th July 2014

Visa-Free Travel to Mongolia
Monday, 28th July 2014

Tourism record in Georgia: several new hotels are planned
Monday, 28th July 2014

ME IBIZA, first 'Leading Hotel of the World' in Ibiza
Monday, 28th July 2014

© Copyright 4Hoteliers 2001-2014 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here

Use of this web site is subject to our
terms & conditions of service and privacy policy