Why Singapore | 欣冉海外

Why Singapore?

Singapore has been ranked as the world’s most competitive economy amongst 141 countries, which was driven by its advanced technological infrastructure, the availability of skilled labor, favorable immigration laws, and efficient ways to set up new businesses. (source: IMD World Competitiveness Ranking 2019) . Instead of looking at short-term results, Singapore’s government focus is on long-term prospects with the ultimate goal of improving the standard of living for everyone

Top 10 Best Countries to Immigrate by 2020

Singapore is also ranked #1 for it’s digital competitiveness in Asia-Pacific which centers on 3 major factors which is Knowledge, Technology & Future-readiness (source: IMD World Digital Competitiveness Ranking 2019). This is inline with it’s main strategy of “Digital Government, Smart Nation” that accelerates the process of integrating technology as a collective effort into everyone’s life.

Artificial Intelligence Strategy

Government’s policies are increasingly taking stride in technology. For instance, all public agencies now have a role to play in achieving targets set out in the Digital Government Blueprint (DGB). From 2020, government will include digitalisation planning in their strategic planning cycle, data requirements and capability development will be simultaneously improved. Government is also stepping up efforts to help local businesses enter new markets, innovate and digitize through new initiatives such as SMEs Go Digital Programme.

Ranked second in the Asia-Pacific region

Singapore has retained its leading position in the Asia-Pacific region for talent competitiveness and also ranked second globally in the ranking. (source: INSEAD’s Global Talent Competitiveness Index 2019) Talent is always needed to drive economic development. Mr. Lee Kuan Yew’s ideas about talent includes three core elements: developing higher education, selecting leaders and attracting foreign talent. While lacking in natural resources, a key development strategy was to rely on human resources development

Top 20 Asia Pacific Regions in 2019 Global Talent Competitiveness

Rank	Country	Rank	Country
2	Singapore	66	Indonesia
11	New Zealand	77	Mongolia
12	Australia	80	India
22	Japan	82	Sri Lanka
27	Malaysia	83	Bhutan
30	South Korea	91	Laos
36	Brunei	92	Vietnam
45	China	95	Kyrgyzstan
58	Philippines	107	Cambodia
66	Thailand	108	Pakistan

Higher education quality helps to nurture local talents. Singapore’s two leading universities – National University of Singapore (NUS) and Nanyang Technological University (NTU) have taken the top two spots on the latest Quacquarelli Symonds (QS) ranking of 550 universities in Asia 2020.

Rank	University	Location
1	National University of Singapore (NUS)	Singapore
2	Nanyang Technological University (NTU)	Singapore
3	The University of Hong Kong	Hong Kong (SAR)
4	Tsinghua University	Mainland China
5	Peking University	Mainland China
6	Fudan University	Mainland China
7	Zhejiang University (ZJU)	Mainland China
8	Hong Kong University of Science and Technology (HKUST)	Hong Kong (SAR)
9	KAIST- Korea Advanced Institute of Science and Technology	South Korea
10	The Chinese University of Hong Kong (CUHK)	Hong Kong (SAR)

Under Lee Kuan Yew’s influence, Singapore has made foreign talent development an important strategy. Hence Singapore’s immigration policy has always been liberal and straightforward. For example, the government offers scholarships to attract top students from other countries to study in Singapore. Some of these students are expected to serve Singapore for six years after graduation. In this way, Singapore will be able to retain their talents and many of these talents are also expected to transition into becoming official citizens.

Top 20 Asia Pacific Regions in 2019 Global Talent Competitiveness

Quickly assess your current situation

About Us

Address

Wechat QRCode

Top 20 Asia Pacific Regions in 2019 Global Talent Competitiveness

Quickly assess your current situation

About Us

Address

Follow us

Wechat QRCode