It is important to emphasize that Singapore does not only attract the multinationals, but also start-ups wanting to access Singapore’s stimulating ecosystem and its expanding number of innovation centers. These components draw the attention of scale-ups and SMEs streaming into the country to tap into, and leverage from, the multitude of opportunities accessible through this market.

The increase of Swedish companies that establish in Singapore follows a longtime trend of sustained positive outlooks for the business climate in Singapore and the region. Following the current developments illustrated in this report, Team Sweden in Singapore expects to see continued positive growth of the Swedish presence in this part of the world. Our ambition is to aid these advancements, by underpinning and promoting Swedish business in Singapore.

Do you want to know more about the business climate in Singapore and Southeast Asia? Download our survey here or contact us for a discussion.