Singapore PESTLE Insights - A Macroeconomic Outlook Report

Singapore PESTLE Insights - A Macroeconomic Outlook Report

Summary

According to GlobalData, financial intermediation, real estate and business activities contributed 28.7% to the country’s gross value added (GVA) in 2021, followed by mining, manufacturing and utilities (22.6%) and wholesale, retail and hotels (20.1%). The sectors are expected to grow by 3%, 3.7%, 7.9%, respectively, in 2022.

Singapore’s central region acts as hub for most of the financial and professional services firms. The western region is dominated by the port and water transport industry due to its proximity to the port, while the eastern region is dominated by the airline industry due to its proximity to Changi Airport.

Overall, the Singapore Strait Times index has been exhibiting an increasing trend since October 2021. As of October 3, 2022, the FSSTI index stood at 3,114.7, compared to 3,051.1 on October 3, 2021.

Scope

  • Construction of new vaccine production facility with a cost of $467 million at Tuas Biomedical Park started in Q2 2022 and expected to finish in Q1 2026
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.


List of Exhibits
Did You Know?
Country Highlights
Recovery from COVID-19 Crisis
Country Snapshot
Political Landscape
Economic Landscape
Social Landscape
Technological Landscape

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