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Monthly Archives: March 2016

Singapore Keeps Top Asia Spot in Global Talent Competitiveness

For the third consecutive year, Singapore has retained the top spot in Asia-Pacific in the Global Talent Competitiveness Index. Efforts to both nurture a wide pool of skilled knowledge workers and attract international human capital have drawn investors and businesses to the Asian financial hub, and contributed to Singapore’s long-term economic competitiveness.

As a small country without natural resources, Singapore relies on its human ingenuity to develop its economy and has a clear focus on becoming a talent hub. Substantial investments have been put into education, life-long learning and talent development, and efforts to attract top global talents have been stepped up.As a result of these efforts , Singapore has once again topped the annual Global Talent Competitiveness Index (GTCI) for Asia-Pacific for the third year running, and is placed second in the World behind Switzerland. Besides Singapore and Switzerland, other countries ranked in the top 10 comprise high-income cosmopolitan hubs such as Luxembourg, United States, Denmark, Sweden, United Kingdom, Norway, Canada and Finland.

Singapore based service companies to benefit from upgrades to the China – Singapore Free Trade Agreement (CSFTA)

The governments of Singapore and China have recently agreed to renegotiate and upgrade the terms of their Free Trade Agreement (FTA). The upgraded FTA will further liberate the terms of engagement when it comes to trade in goods and services between these two jurisdictions.


Singapore tops two highly respected international surveys

Singapore yet again grabbed the top spot in this year’s Business Environment Rankings released recently by the Economist Intelligence Unit (EIU).

Singapore has held on to its distinguished top rank for seven consecutive years. Switzerland took second place while its closest competitor in the region Hong Kong came in fourth. While New Zealand made it in to the top ten – by moving from its previous 11th place ranking into 9th, Germany slipped to the 12th spot from its prior 10th.