Tuesday, April 23, 2013

Why Singapore Has Become A Wall Street Paradise

Bankers have already said they want to work in Singapore.  According to a Telegraph survey published last year, 27% of respondents (investment bankers) said they wanted to move to Singapore more than any place else, beating out London and NYC.

That may be because Singapore was named best in the world for business.  Here's why:

It takes, on average, three days to open a business.

Trade is open and competitive: there are no tariffs on imports and foreign and domestic business are regulated equally.

Unemployment is only 2.1%

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