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Leongsam

Leongsam

High Order Twit / Low SES subject
Admin
Asset
April 17, 2009

S'pore good for business <!--10 min-->

Republic goes up four spots in Forbes annual world ranking <!-- show image if available --> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr></tr> <tr> </tr> <tr> </tr> <tr> </tr> <tr><td colspan="2" class="padlrt8 georgia11 darkgrey bold">By Fiona Chan

</td></tr></tbody></table>SINGAPORE has been named the fourth best country in the world in which to do business, an achievement that could help pull the country out of its worst recession in history. The annual ranking of business-friendly countries by financial magazine Forbes Asia saw Singapore jump four spots from last year, leapfrogging Britain, Sweden, Ireland and Finland. Singapore also kept its regional top-dog position as the economy with the best business conditions in the Asia-Pacific. New Zealand was fifth, Australia eighth and Hong Kong ninth.

Business-friendly economies like Singapore, which are able to attract entrepreneurs, investors and workers, are 'in a much better position than others to rebound' from the economic downturn that has gripped the world, Forbes said. Its survey ranked 127 countries according to criteria such as taxes, red tape, investor protection, stock market performance, promotion of free trade and freedom of expression and organisation.

The only three countries ahead of Singapore in the rankings were Denmark, the United States and Canada.
To top it off, 17 Singapore-listed firms also made it to this year's Forbes Global 2000 list of the world's 2,000 biggest public firms, ranked by profits, assets, sales and market value. Last year, only 14 firms from Singapore were featured.
In fact, with the financial meltdown centred around the US and Europe, Asian firms featured more prominently on the list this year. A total of 681 from the region made the list, 61 more than last year.

But the US is still the single dominant nation with 551 firms represented - including list-topper General Electric - although this number is down by 47 from last year's. Japan, the clear leader in Asia, fielded 288 firms to the list, 29 more than last year. China, at No. 2, had 91 firms, an increase of 21 from that last year.

'It's not surprising that more Asian companies would be in the list this year,' said Mr Kevin Scully, executive chairman of independent equity research firm Net- Research Asia. 'Asia is not the source of the economic problems we've been having, so their companies have probably fared better on a relative basis.'

Read the full story in Friday's edition of The Straits Times.
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</td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table>
 
M

Meltdown

Alfrescian
Loyal
Monaco of the East is certainly a good place for Greater Mortals, who runs big businesses, with low taxes, little red tape, and access to cheap labour.

Thanks for posting the news article, Leongsam.
 
C

cass888

Alfrescian
Loyal
Just watch the regular detractors come in and bash Forbes as being cronies of the PAP. The dogs of the dog himself the MONGREL who bit his masters' hands LOUDHAILER chee soon juan never change.

Leongsam said:
April 17, 2009

S'pore good for business <!--10 min-->

Republic goes up four spots in Forbes annual world ranking <!-- show image if available --><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR></TR><TR></TR><TR></TR><TR></TR><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Fiona Chan


</TD></TR></TBODY></TABLE>SINGAPORE has been named the fourth best country in the world in which to do business, an achievement that could help pull the country out of its worst recession in history. The annual ranking of business-friendly countries by financial magazine Forbes Asia saw Singapore jump four spots from last year, leapfrogging Britain, Sweden, Ireland and Finland. Singapore also kept its regional top-dog position as the economy with the best business conditions in the Asia-Pacific. New Zealand was fifth, Australia eighth and Hong Kong ninth.

Business-friendly economies like Singapore, which are able to attract entrepreneurs, investors and workers, are 'in a much better position than others to rebound' from the economic downturn that has gripped the world, Forbes said. Its survey ranked 127 countries according to criteria such as taxes, red tape, investor protection, stock market performance, promotion of free trade and freedom of expression and organisation.

The only three countries ahead of Singapore in the rankings were Denmark, the United States and Canada.
To top it off, 17 Singapore-listed firms also made it to this year's Forbes Global 2000 list of the world's 2,000 biggest public firms, ranked by profits, assets, sales and market value. Last year, only 14 firms from Singapore were featured.
In fact, with the financial meltdown centred around the US and Europe, Asian firms featured more prominently on the list this year. A total of 681 from the region made the list, 61 more than last year.

But the US is still the single dominant nation with 551 firms represented - including list-topper General Electric - although this number is down by 47 from last year's. Japan, the clear leader in Asia, fielded 288 firms to the list, 29 more than last year. China, at No. 2, had 91 firms, an increase of 21 from that last year.

'It's not surprising that more Asian companies would be in the list this year,' said Mr Kevin Scully, executive chairman of independent equity research firm Net- Research Asia. 'Asia is not the source of the economic problems we've been having, so their companies have probably fared better on a relative basis.'

Read the full story in Friday's edition of The Straits Times.
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</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
Click to expand...
 
tonychat

tonychat

Alfrescian (InfP)
Generous Asset
The Great Depression said:
There are many here who claim they love Singapore, and they are also all out here day and night waiting for Singapore to fail..just wait for these ppl to come out to bash this thread, akan datang
Click to expand...

PAP losers cannot stand such comments mah. What to do. They do not understand what is called freedom of speech.

How is your ass? After getting screwed by your master?
 
tonychat

tonychat

Alfrescian (InfP)
Generous Asset
Hey how come there is another report saying the sinkie economy is sinking and then here is another report say it is the best place to do business.

Best as in what, getting profit or getting loss.
 
angie II

angie II

Alfrescian (Inf)
Asset
.............................
Leongsam said:
<!-- show image if available --> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr></tr> <tr> </tr> <tr> </tr> <tr> </tr> <tr><td colspan="2" class="padlrt8 georgia11 darkgrey bold">Oh c'mon, you all have to believe in the Leeporters & the state controlled media.:p
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</td></tr></tbody></table>
Click to expand...

NissanViP said:
Please for once STOP your blowjob service to SG government. Its unhealthy afterall.
Click to expand...
 
JohnTT

JohnTT

Alfrescian
Loyal
Credits must be given to the govt. However, there are other areas which require improvement too like transparency, freedom of speech, political views space etc.
 
T

Tuna Singh

Alfrescian
Loyal
Congrats to PAP for creating NS for in doing so they've unwittingly created an endless stream of diehard lifelong PAP haters :p
 
TeeKee

TeeKee

Alfrescian
Loyal
Tuna Singh said:
Congrats to PAP for creating NS for in doing so they've unwittingly created an endless stream of diehard lifelong PAP haters :p
Click to expand...

nah! looking back, i wished i could have enjoyed during my NS days...it's was completely different kinda of life...not many can have the opportunity to do so, unless you are a SGP male. bloody hell, if you want to shoot guns like that overseas, it will cost you a fortune..

but i still hate PAP guts or rather the lack of it...hehe..:biggrin:
 
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