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Global Talent for a Global Business Hub
Singapore is consistently acknowledged to be a global business hub with its developed infrastructure, political stability and open business policies. The World Economic Forum ranked Singapore as the most competitive economy in Asia in its 2006-2007 Global Competitiveness report; while globally, we rank second after the United States of America .
Such accolades are clear indicators that companies and business-owners around the world consider Singapore an ideal place to invest and grow their businesses. More than 7,000 multinational companies (MNCs) alongside 100,000 small and medium enterprises (SMEs) have set up their base in Singapore, with many using Singapore as their regional hub and launch pad to the dynamic markets of Asia.
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The Singapore economy grew 7.7% in 2007, a moderation from 8.2% in 2006. This has been part of sustained growth in the last 3 years averaging at 7.4%. The outlook for 2008 is positive, with economists and the government itself projecting a 4% to 6% growth.
Singapore offers limitless possibilities to global citizens keen to apply their talents to the opportunities that can be found here. Indeed, a driven, well-qualified and dedicated global citizenry contributes to the dynamism of Singapore’s economy and its vibrant quality of living.
