If you are an international business looking to invest and profit from Singapore, or if you are a Singapore business looking to expand beyond Singapore, you have come to the right place.
We are one of the oldest and most experienced business strategy, branding, communications, and leadership transformation agencies in Asia, having built brands for emerging and multinational businesses in the entire Asia-Pacific region.
The Singapore market, one of the most vibrant and tech-savvy economies in Asia Pacific and the world, is a significant financial and technology hub in Asia Pacific (including ASEAN), with a GDP (PPP) of more than US$64,000 per capita. Even though the physical footprint of Singapore is tiny compared to her neighbors, the nation hosts some of the most exciting semiconductor, EV (electric vehicle), automation, energy, pharmaceuticals, healthtech, healthcare, AI, and software businesses nurtured from within Singapore as well as multinational entrants.
Why do smart businesses invest in Singapore?
Singapore serves as a hub for the ASEAN region for many areas, including finance (including banking, insurance, investments, fintech, etc), supply chain (such as shipping and aviation), technology startups, research incubation, biotech, pharmaceuticals, energy innovation, and more.
Singapore is one of the easiest places to set up shop and do business, with a highly developed public infrastructure, a stable government, developed regulatory climate and judiciary, low corruption, and highly skilled human capital. The nation is also very vibrant in hospitality, food and beverage, entertainment, and sports, lending a holistic lifestyle to expatriates and residents alike.
Singapore has a digitally savvy resident population with high smartphone, computing, and broadband penetration. Some of the key sectors growing tremendously include:
1. Medicine, Pharmaceuticals, and Healthtech: The healthcare, pharmaceuticals, healthtech, and medical devices markets in Singapore are high growth segments. Singapore has traditionally been recognized and trusted as a medical hub.
2. Digital, E-commerce, & ICT: Singapore has always been friendly to foreign investments in the information & communications technology (ICT) field with investment-friendly policies. The nation has seen the birth and growth of some of the most recognizable names in e-commerce, consumer electronics, industrial engineering, media (especially broadcast), and more. Singapore is gearing up for the Smart Nation initiative, where AI (artificial intelligence), cybersecurity, data centers, DevOps, robotics, and automation are all nurtured by the government with the private sector.
3. Supply chain: Singapore serves as the transportation hub and bridge to the region and the world, with shipping and aviation leading the nation with complementary industries to support the growth of these segments. For example, the aviation industry has seen the growth of retail, food and beverage, and hospitality. During the most recent pandemic, Singapore also rose to the forefront with advancements in supply chain technologies to serve the healthcare industry.
We help you grow and profit in Singapore
McGallen & Bolden is one of the oldest and most experienced business strategy, branding, communications and leadership transformation agencies in Asia, and we have built brands for emerging and multinational businesses in the entire Asia Pacific region.
Our portfolio is extensive, and our experience is deep and wide, ranging from AI, software, cybersecurity, IoT, healthcare, pharmaceuticals, robotics, industrial safety, electronics, luxury, FMCG, and more. You will benefit from one of the best consultancies that can help you with understanding how to penetrate the Singapore market and using various strategies and tactics to grow your customer base.
Let us know what you need, and we will look forward to our conversation to help you grow and profit in Singapore soon!