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
Imports to Switzerland in 2017
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