Daily Archives: April 14, 2024
“Singapore will remain the best geographic region in the world to do business, as it has been for the past 16 years,” Priyanthi Roy, director of country forecasting and European market analyst at the Economist Intelligence Unit, told CNBC. She added that the factors driving the Southeast Asian country’s position as a major business destination are its political stability and the government’s focus on helping local private sector companies develop technologically. Behind Singapore are Denmark and the United States, which ranked second and third, respectively. Denmark, with its “strong macroeconomic fundamentals” and high-quality transportation and digital infrastructure, positions itself as one of the most attractive business locations in the world, Roy said. She added that market opportunities will remain favorable in the United States, especially with few restrictions on foreign trade and investment in the United States. “Singapore, Denmark and the United States are expected to have the best business […]