Globalisation is Working to Singapore’s Advantage

2.1 We are looking ahead to the next five to 10 years for Singapore. Our prospects have never been better. The key reason is globalisation. Capital, enterprise and talent are flowing to countries where government can be trusted, where the workforce is well-educated and skilled, and where the quality of life is high. These are Singapore’s advantages. They explain why globalisation is working to Singapore’s advantage.

2.2 We are also well-placed at the heart of a globalising Asia. China and India are the big stories, but opportunities are also opening up across Asia, from the Middle East to Northeast Asia. Competition from China and India has galvanised ASEAN to accelerate integration and forge a collaborative ASEAN Community by 2015.

2.3 Businesses large and small, home grown and foreign, are taking advantage of Singapore’s strengths, and using Singapore to ride the next wave of growth.