Singapore's SWOT analyse
Weakness
Government involvement
Constant government intervention in business can hamper investment by imposing strict regulations and procedures for doing business in the country.
Global orientation
export-oriented country's economic growth is subject to global demand, in particular, the US and those more developed nations.if massive environmental changes occur, Singapore needs slow or even reverse economic growth as countries recover.
connected to the global economy,easy to suffer from any global slowdown in the economy.
Close to 2 of BRIC countries
Buyers may be influenced by other countries,While there are a number of location choices:India and China,there are limitations of each location.
Island size
Because of size of island is limited, this will restrict business development.
Strengths
Having a good business environment
In East Asia&Pacific area,Singapore is a country which belong to high income category, and has relatively high ranks in terms of all business topics.
Easy for starting business
Incorporating a company and register for taxes using the same online form
Stronger consumption ability
GNI per capita increased from 32780.0 in 2001 to 55790.0 in 2010;GDP increased from 91148.4 million US dollars in 2001 to 208765.0 US dollars in 2010, the GDP growth is 14.5%.
Low terrorism and political violence
Peace political environment can help investor avoiding influence of wars, and focus on its investment.
Threats
Muti-lingual nation
Subtopic
Singapore's officical languages are English,Malay,Chinese and Tamil.
Rising sea level
It means many islands will perish or lest useless and decrease scarce land resources.
Supply chain not completely
Singpore is a country depend on exportation, manufacturer always needs to import raw materials.
Substitute products
Singpore is a mature developed business market.
Opportunity
Land may increased
Solving land disputes with Malaysia and Indonesia can help increase land.
Business cost cheaper
Emerging markets and expansion abroad
More business changes, or new business area.
Tourism country
More buyers from the world every year.
