Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bor ...

is a global city and sovereign state in

Southeast Asia Southeast Asia, also spelled South East Asia and South-East Asia, and also known as Southeastern Asia, South-eastern Asia or SEA, is the geographical south-eastern region of Asia, consisting of the regions that are situated south of mainlan ...

and the world's only

island An island (or isle) is an isolated piece of habitat that is surrounded by a dramatically different habitat, such as water. Very small islands such as emergent land features on atolls can be called islets, skerries, cays or keys. An island ...

city-state A city-state is an independent sovereign city which serves as the center of political, economic, and cultural life over its contiguous territory. They have existed in many parts of the world since the dawn of history, including cities such as ...

. Singapore has a highly developed market economy, based historically on extended

entrepôt An ''entrepôt'' (; ) or transshipment port is a port, city, or trading post where merchandise may be imported, stored, or traded, usually to be exported again. Such cities often sprang up and such ports and trading posts often developed into c ...

trade. Along with

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its eas ...

, and

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...

, Singapore is one of the original

Four Asian Tigers The Four Asian Tigers (also known as the Four Asian Dragons or Four Little Dragons in Chinese and Korean) are the developed East Asian economies of Hong Kong, Singapore, South Korea, and Taiwan. Between the early 1960s and 1990s, they underwent ...

, but has surpassed its peers in terms of GDP per capita. Between 1965 and 1995, growth rates averaged around 6 per cent per annum, transforming the living standards of the population. The Singaporean economy is known as one of the freest, most innovative, most competitive, most dynamic and most business-friendly. The 2015 Index of Economic Freedom ranks Singapore as the second-freest economy in the world and the

Ease of Doing Business Index The ease of doing business index was an index created jointly by Simeon Djankov, Michael Klein, and Caralee McLiesh, three leading economists at the World Bank Group. The academic research for the report was done jointly with professors Edward ...

has also ranked Singapore as the easiest place to do business for the past decade. According to the Corruption Perceptions Index, Singapore is consistently ranked as one of the least corrupt countries in the world, along with

New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...

and the

Scandinavia Scandinavia; Sámi languages: /. ( ) is a subregion in Northern Europe, with strong historical, cultural, and linguistic ties between its constituent peoples. In English usage, ''Scandinavia'' most commonly refers to Denmark, Norway, and Swe ...

n countries. To start a business in Singapore, business owners have to register with the

Accounting and Corporate Regulatory Authority The Accounting and Corporate Regulatory Authority (ACRA) is a statutory board under the Ministry of Finance of the Government of Singapore. ACRA is the regulator of business registration, financial reporting, public accountants and corporate ser ...

(ACRA). ACRA is the national regulator and company registrar of business entities, accountants and service providers in Singapore.

Largest firms

Largest public companies

This list shows firms in the Forbes Global 2000, which ranks the world's largest public companies for 2016. Only the top five firms (if available) are included as a sample.

By total revenue

This list shows firms in the

Fortune Global 500 The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by ''Fortune'' magazine. Methodology Until 1989, it listed onl ...

, which ranks firms by total revenue for 2016. Only the top five firms (if available) are included as a sample.

Notable firms

This list includes notable

companies A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared go ...

with primary headquarters located in the country. The industry and sector follow the

Industry Classification Benchmark The Industry Classification Benchmark (ICB) is an industry classification taxonomy launched by Dow Jones and FTSE in 2005 and now used by FTSE International and STOXX. It is used to segregate markets into sectors within the macroeconomy. The I ...

taxonomy. Organizations which have ceased operations are included and noted as defunct. File:Singapore Marina-Bay-Panorama-02.jpg, Skyline of Singapore's central business district. File:View of MBS from the gardens (8026531707).jpg, The

integrated resort An integrated resort (IR) is a major resort property that includes a hotel with a casino, together with convention facilities, entertainment shows, theme parks, luxury retail and fine dining. The term is largely Singaporean. Earlier IR lic ...

of Marina Bay Sands, that opened in 2010, is one of the world's most photographed buildings. File:Singapore Changi Airport, Terminal 1, Jetstar Asia Airways, Dec 05.JPG,

Jetstar Asia Airways Jetstar Asia Airways Pte Ltd (operating as Jetstar Asia) is a low-cost airline based in Singapore. It is one of the Asian offshoots of parent Jetstar Airways, the low-cost subsidiary airline of Australia's Qantas airline. It operates service ...

Airbus A320 The Airbus A320 family is a series of narrow-body airliners developed and produced by Airbus. The A320 was launched in March 1984, first flew on 22 February 1987, and was introduced in April 1988 by Air France. The first member of the famil ...

at Singapore Changi Airport.

References

{{Asia topic, List of companies of

Largest firms

Largest public companies

By total revenue

Notable firms

See also

References