PESTLE Insights: Macroeconomic Outlook Report - Singapore
Macroeconomic Outlook Report of Singapore identifies the potentials of Singapore as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
Singapore’s Central region acts as hub for most of the financial and professional services firms. West region is dominated by port and water transport industry due to proximity to Jurong port, while East region is dominated by airlines industry due to proximity to Changi Airport. Financial and insurance activities, wholesale and retail trade together accounted for 68% of the overall FDI stocks in 2015
Singapore's economy is expected to accelerate from 1.7% in 2016 to 2.2% in 2017, driven by recovery in external demand and marginal recovery in oil prices. The country enjoys sound economic health with both fiscal surplus and current account surplus.
Singapore’s overall risk score is lowest in the World as per GlobalData Country Risk Index (GCRI) 2017. It performed better than ASEAN average in all parameters.
Reasons to buy
Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.