EENI-Business School

Doing Business in Singapore

Syllabus of the Subject: Doing Business in Singapore.

  1. Introduction to the Republic of Singapore (Southeast Asia ASEAN)
  2. Singaporean Economy
  3. International Trade of Singapore
  4. Port of Singapore
  5. Foreign Direct Investment (FDI) in Singapore
  6. Advantages of Singapore
  7. Key Singaporean industry sectors
  8. Setting up in Singapore
  9. Case Study:
    1. Hyflux
    2. Temasek
    3. Made in Singapore
  10. Access to the Singaporean Market
  11. Business Plan for Singapore

The objectives of the subject “Foreign Trade and Doing Business in the Republic of Singapore” are the following:

  1. To analyse the Singaporean economy and foreign trade
  2. To evaluate the business opportunities in the Republic of Singapore
  3. To understand the role of Singapore as a gateway to Southeast Asian (ASEAN) markets
  4. To explore Singapore's trade relations with the country of the student
  5. To know Singapore's Free Trade Agreements (FTAs)
  6. To examine the profile of the Singaporean Companies
  7. To develop a business plan for the Singaporean Market
The Subject “Business in Singapore” is part of the following programs:
  1. Doctorate in Business in Asia
  2. Diploma: ASEAN Markets
  3. Professional Master's Programs (e-learning): International Business, Asia, Pacific, Emerging Markets

Master and Doctorate in International Business for the Singaporean Students.

Course learning materials in English (or Spanish Singapur French Singapour)

  1. Credits of the subject “Foreign Trade and Doing Business in Singapore”: 3 ECTS Credits
  2. Duration: three weeks


Sample of the subject (Doing Business in Singapore):
Singapore-South Korea Free Trade Agreement (FTA)

Description of the Subject: Doing Business in Singapore.

The Republic of Singapore is the second most competitive economy in the World and the most competitive small economy in the World.

  1. Capital: Singapore City
  2. Singaporean Population: 5.5 millions of people
  3. Area: 719.1 square kilometres
  4. There are four official languages in Singapore: English, Malay, Mandarin, and Tamil
  5. 74% of the Singaporean population are Chinese, 13% are Malays and 9% Indians
  6. Type of Government: Unitary Parliamentary Constitutional Republic
  7. Independence: 1963 (United Kingdom)
  8. Near countries: Cambodia, Malaysia, Indonesia, Brunei, Thailand

Religions in Singapore:

  1. Buddhism (33%)
  2. Christianity (18%)
  3. Islam (15%)
  4. Taoism (11%)
  5. Hinduism (5%)
  6. Singapore has a significant Confucianism influence on his culture

Singapore belongs to the Buddhist Civilisation

Japan-Singapore Free Trade Agreement

Singaporean Economy:

  1. The Republic of Singapore consistently scores at the top levels in the global and regional rankings. These range from the political risk to workforce productivity, from the quality of life to the forecasts for making profits
  2. The Republic of Singapore is the second most competitive economy (World Competitiveness Yearbook), the seventh most competitive economy (Global Competitiveness), and the ninth in the Business Competitiveness Index.
  3. The economy of the Republic of Singapore is the second freest economy in the World (Heritage Foundation)
  4. Singapore is a world leader in all the ten fields of economic freedom
  5. More than 26,000 international firms are established in Singapore
  6. Currency: Singapore Dollar (SGD)
  7. Singaporean GDP by sector
    1. Services: 75%
    2. Industry: 25%

Association of Southeast Asian Nations (ASEAN)

International Trade of Singapore

  1. Top exports of Singapore: electronics, chemicals, and services
  2. Top trade partners of Singapore: France, Germany, the United Kingdom, Indonesia, Malaysia, Thailand, Japan, Hong Kong, Korea, Taiwan, China, Saudi Arabia, the United States of America, and Australia

India-Singapore Agreement:
India-Singapore Free Trade Agreement (FTA)

Singapore Business

Singapore's Free Trade Agreements (FTA) and Market Access:

Singapore has preferential access to the markets of:

  1. Association of Southeast Asian Nations (ASEAN)
  2. Asia-Pacific Economic Cooperation (APEC)
  3. Indian-Ocean Rim Association (IORA)
  4. Trans-Pacific Strategic Economic Partnership Agreement (TPP)

Singapore has in force several Free Trade Agreements (FTA).

  1. Singapore's Agreements: Australia, China, Jordan, India, Japan, Korea, New Zealand, Panama, Peru, European Free Trade Association, and the United States. EU-Singapore Partnership and Cooperation Agreement
  2. Singapore's Free Trade Agreements (as an ASEAN member). ASEAN Free-Trade Area, Australia-New Zealand, Canada, China, India, European Union, Japan, Korea, Russia, and Pakistan

The Republic of Singapore has in force several Free Trade Agreements. Singapore has the most extensive Free Trade Agreement network in Asia. Foreign Trade Agreements have been signed with the United States, Japan, Australia, New Zealand, the European Free Trade Association (EFTA), Jordan, China, Chile, Korea, India, and Panama.

Singapore's Free Trade Agreements (FTA) (Concluded/Signed)
- Costa Rica
- Gulf Cooperation Council

Singapore's Free Trade Agreements (FTA) (actual/Negotiations)
- Canada
- Mexico
- Pakistan
- Ukraine.

Samples - Business in Singapore

China-Singapore Free Trade Agreement (FTA)

United States-Singapore Free Trade Agreement (FTA)

Singapore-New Zealand Free Trade Agreement (FTA)

Trans-Pacific Strategic Economic Partnership Agreement (TPP)

Indian-Ocean Rim Association IORA

FTA Singapore-Australia

ASEAN-Australia-New Zealand Free Trade Agreement (FTA)

Panama-Singapore Free Trade Agreement (FTA)

ASEAN-Canada Free Trade Agreement (FTA)

(c) EENI- Business School