Look Within - Why Singapore?

Why Singapore?

• It enjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP higher than that of most developed countries
• Real GDP growth averaged 6.9% between 2004 and 2008. The economy contracted 1.3% in 2009 as a result of the global financial crisis, but rebounded nearly 15% in 2010, on the strength of renewed exports
• Over the longer term, the government hopes to establish a new growth path that focuses on raising productivity growth, which has sunk to 1% per year in the last decade
• Singapore has attracted major investments in pharmaceuticals and medical technology production and will continue efforts to establish Singapore as Southeast Asia’s financial and high-tech hub which means there will be more job opportunities for fresh graduates

Based on information extracted from 2011 CIA World Factbook

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