Companies / Singapore
Singapore Slips But Retains Potential
December 2006 | Business Environment OutlookBMI's updated Business Environment Ranking for the automotive industry sees Singapore slip one place to joint fifth as its composite score falls one point to 36, based on a one-point reduction in its political risk rating. Despite a lack of domestic production in the automotive industry, a relatively low vehicle ownership rate and an ideal location to act as a regional re-export hub make Singapore attractive to would-be investors. The business environment is also the least corrupt in Asia, according to Transparency
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