Building networks connecting business creating opportunities Professional & Financial Sector SINGAPORE Sector Call - 27 June 2016.

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Presentation transcript:

building networks connecting business creating opportunities Professional & Financial Sector SINGAPORE Sector Call - 27 June 2016

building networks connecting business creating opportunities Association of Southeast Asian Nations (ASEAN) Overview

building networks connecting business creating opportunities Singapore – Country Profile  Small but wealthy City State (land area of 716.1km 2 )  50 years of independence in 2015 We are here!

building networks connecting business creating opportunities Singapore – Key Stats  Population: 5.54 million (as of Jun 2015)  Singapore GDP per capita: US$ 52,764 (as of 2015)  UK GDP per capita: US$ 40, 903 (as of 2015)  Unemployment rate: 1.9% (as of Mar 2016)  Inflation Rate: -0.5% (as of Apr 2016)  Literacy: 95.9%  Multi-Racial & Multi Cultural society

building networks connecting business creating opportunities Financial Services  Tripe-A rated economy with strong growth potential  Financial Services and Insurance sector in Singapore contributes to 12.6% of GDP  Boasts well-established business infrastructure, global connectivity and trade linkages  Over 200 banks have a presence in Singapore, and a growing number have chosen to base their HQ here  MAS - Monetary Authority of Singapore

building networks connecting business creating opportunities Financial & Professional Services  Fastest growing Wealth Hub  Free Trade Environment  SGX - Singapore Exchange  Important Insurance Hub  Private Banking  Global Accounting Hub  Legal Sector  Ranked as the easiest place in the world to do business for 10 consecutive years by the World Bank

building networks connecting business creating opportunities Professional Services  Strong base of MNCs have established regional or global headquarter functions in Singapore, aggregating sophisticated demand for professional services  MNCs centre high value-added activities such as IP and brand equity management, M&A and IPOs in Singapore  “Big 3” strategy houses – McKinsey, Bain & Company, and the Boston Consulting Group (BCG)  “Big 4” accounting houses – Deloitte, PricewaterhouseCoopers (PwC), KPMG and Ernst & Young

building networks connecting business creating opportunities Business Support Services – How we can help We are the appointed private sector lead delivery partner for UKTI to support UK companies in their overseas expansion plans

building networks connecting business creating opportunities Carole McCarthy Business Services Manager Phone: For more information please contact us: