Is Singapore politically more stable than Malaysia

Country information Singapore

Some companies use the location to expand their business in Asia and China. The high level of foreign involvement in Singapore is due not only to the political stability but also to the simple process structures and the tax system.

The global financial center is also a hub for new technologies, which is why fintech is gaining in importance. This goes hand in hand with the trend towards cyber security services. Swiss companies benefit from the fact that FINMA has established close cooperation with MAS in the fintech sector in order to support innovative (start-up) companies.

The city-state is also part of the ASEAN economic area. This also includes Indonesia, the Philippines, Thailand, Brunei, Cambodia, Laos, Myanmar, Vietnam and Malaysia. There is no business association of comparable size anywhere in the world. In terms of size and growth potential, it even surpasses the EU.

Exports from Switzerland 2017

Precious metals, precious and semi-precious stones 3,021,127,265
Products of the chemical-pharmaceutical industry 1,826,897,610
Precision instruments, watches and jewelery 1,542,561,355
Machines, apparatus, electronics 488,614,373
Metals 210,460,993
Agricultural and forestry products, fishing 62,638,677
Leather, rubber, plastics 33,113,545
Energy carrier 26,108,937
Textiles, clothing, shoes 21,892,488
Vehicles 18,776,231
Works of art and antiques 18,712,490
Stones and earths 6,698,487
Paper, stationery and graphic products 6,581,057
Various goods such as musical instruments, home furnishings, toys, sports equipment, etc. 5,474,257

Imports to Switzerland in 2017

Products of the chemical-pharmaceutical industry 1,431,644,885
Precious metals, precious and semi-precious stones 471,907,210
Precision instruments, clocks and jewelry 386,859,444
Machines, apparatus, electronics 100,165,329
Works of art and antiques 10,583,719
Leather, rubber, plastics 6,907,998
Metals 5,087,778
Vehicles 4,368,881
Agricultural and forestry products, fishing 3,815,276
Textiles, clothing, shoes 2,768,974
Various goods such as musical instruments, home furnishings, toys, sports equipment, etc. 1,942,125
Stones and earth 1,336,827
Paper, stationery and graphic products 730,769

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