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building networks connecting business creating opportunities Professional & Financial Sector SINGAPORE Sector Call - 27 June 2016
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building networks connecting business creating opportunities Association of Southeast Asian Nations (ASEAN) Overview
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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!
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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
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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
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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
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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
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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
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building networks connecting business creating opportunities Carole McCarthy Business Services Manager Phone: +65 6222 3552 Email: carole@britcham.org.sgcarole@britcham.org.sg www.britcham.org.sg For more information please contact us:
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