Whether you are a Singaporean currently working abroad or a foreigner who has never been to Singapore, you will be amazed by the rapid progress and growth potential there. Recognising the need to balance work and play, the government has taken efforts to transform the island state into a dynamic and modern city. Believe it or not, the nightlife in Singapore frequently tops global polls, while qualities that have propelled Singapore to where it is today remain, such as a safe, clean environment and a multi-racial population that lives in harmony. Globalisation and knowledge on economy have led to a single worldwide market for talent. But not every country can provide the abundance of opportunities and cosmopolitan environment that Singapore offers. Since Singapore gained independence, it has overcome the odds to become one of Asia’s most advanced economies. Numerous talents and entrepreneurs have already arrived in Singapore to live and work, while limitless possibilities await global citizens who are keen to apply their skills and knowledge to the opportunities available here.
A small country with no natural resources, Singapore has always known the importance of investing in human capital. Providing quality education for all has been one strategy, as can be seen from how Singapore is an increasingly popular study destination for international students. Today, other than the four local universities that boast a diverse mix of local and foreign students, there are eight international universities established in Singapore, as part of the Economic Development Board’s Global Schoolhouse programme. Singapore has also been consistently acknowledged as a global business hub. Factors contributing to this include developed infrastructure, political stability, open business policies, a skilled workforce, the use of English as the main working language and respect for intellectual property rights. According to Doing Business 2009, an annual report by the World Bank Group which compares business regulations in 181 countries, Singapore ranks first for its ease of doing business, and has clinched this top spot for three consecutive years. The 2008-2009 Global Competitiveness Report by the World Economic Forum has also named Singapore the most competitive economy in Asia.
To date, more than 7,000 multinational companies have set up base in Singapore, next to 100,000 small and medium enterprises. Business-owners all over the world regard Singapore as an ideal location to grow their businesses, with many of them using the country as a springboard to tap on other emerging markets in Asia. Naturally, employment opportunities in Singapore have grown exponentially for global citizens, as the country has always opened its doors to foreign talent who are highly sought-after across all industries. Current growth sectors include biomedical sciences, banking and financial services, tourism and hospitality, construction and interactive digital media, to name a few. Foreign talents account for about 30% of the workforce, attracted by open recruitment policies, low personal taxation, a meritocratic society which embraces diversity, and last but not least, a high quality of life in Singapore’s cosmopolitan environment. These have been proven by the Worldwide Quality of Living Index which ranked Singapore as the top Asian country for its quality of life.

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