International Business in Singapore

Singapore is among the Asian Tigers and her massive wealth ever since attaining independence and self rule governance has seen it become a preference for many global business magnets. The country’s economy is basically dependant on service sector as well as on manufacturing industries. The world’s second largest casino gambling market is found in the country while it is also considered as the fourth-leading financial centre in the world. The World Bank ranks Singapore as the world’s easiest country from where investors can plan and do their business. This paper seeks to explore further on the suitability of Singapore in as far as international business is concerned, analyzing on her success and failures, globalization in Singapore, her taxes and tariffs, as well as her foreign direct investment and the balance of trade.