Ease of doing Business

Singapore continues to be one of the most pro-business countries in the world. We strive to promote an open and rules-based trading environment for goods and services to flow freely. We have built a strong legal ecosystem, with robust capabilities in international dispute resolution.

Streamlined regulations and improved G2B services make it easy to start and grow a business, as well as pursue innovation. Efforts to improve digital connectivity are also underway with the Networked Trade Platform, cybersecurity enhancements, and 5G trials.

While strengthening our air and sea connectivity in recent years, COVID-19 has slowed trade and disrupted supply chains. Plans are being made to revive the Changi air hub, strengthen our status as a global hub port, and position ourselves to seize new opportunities.

Read more on our business environment, infrastructure and logistics, and security in the programme highlights below.

Top 3 economies to do business in for the past 14 years by the World Bank's Ease of Doing Business Index
1.5 days to start a business
1st in Asia-Pacific for cybersecurity readiness in Deloitte's Cyber Smart Index 2020
Top 5 in the Global Connectivity Index for our strengths in digital infrastructure and industry connectivity
9th largest exporter and 10th largest importer of goods in the world
Singapore participates actively in multilateral fora