Singapore is a small island country at the tip of Malaysia. It is famous for its global footprint as a major financial centre with an international arbitration court. The Country boasts of well-planned and advanced infrastructure and has a zero-tolerance towards corruption.
The country has a very highly developed market economy with a freest, innovative, competitive, dynamic, and most business-friendly economy. The ease of doing business in Singapore is considered to be easiest and simple. Hence it attracts large FDIs and is considered to be one of the costliest countries to live in. Singapore is one of the few countries having a AAA credit rating.
Singapore is a leader in many industry sectors. It is well known for Finance, Casino gambling, Oil Refining, and trading. The country has the largest oil rig producer for ship repair services. Singapore is also well known for electronics manufacturing and Tourism. Singapore is considered as the hub for Medical Tourism and people across the world travel to Singapore for treatments and surgeries.