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Singapore’s excellent strategic location and highly open economy make it attractive for companies looking to conduct business here.

Furthermore, the city-state has a stable political environment, low taxes, and a highly-skilled workforce, making it one of the most favourable business locations in the world.

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Australia has consistently been recognised as one of the easiest countries in the world to start a business. It has many government incentives for certain industries, a diverse and well-educated talent pool, and close proximity to Asian markets such as Singapore, Hong Kong, China, and Indonesia.

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Hong Kong, which has been ranked the ‘World’s Freest Economy’ for over a decade, is a regional business hub in Asia. Hong Kong’s proximity to China, its similarities in terms of culture, social customs, and language, and its international business environment have made it an ideal base for foreign investors to enter the Chinese market.

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India is the third-largest economy in the world by GDP PPP (purchasing power parity), the seventh-largest country in the world by area, and the second-largest by population.

Liberalisation of the Indian regulatory framework has enhanced its attractiveness as a destination for foreign investors. Indian government agencies have a pro-business attitude, and they work closely with the business sector to promote economic growth.

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Indonesia is the seventh-largest economy in the world by GDP PPP (purchasing power parity), a fourteen-largest country in the world by area, and the fourth-largest by population.

With an investor-friendly government, Indonesia’s large domestic market offers a wide range of investment opportunities for foreign and domestic investors.

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Malaysia is one of Southeast Asia’s fastest-growing investor-centric, business-friendly, state-oriented, newly industrialised, mixed economy which is averaging a growth rate of just under 6% over the last decade.

It follows liberal market policies aimed at promoting trade, entrepreneurship, and economic development, with the near- and long-term economic outlook remaining favorable.

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With a unique mix of Western and Eastern cultures, the Philippines is a major gateway for foreign investors in the lucrative Asian market. With a 43.5 million labor force and investment-friendly regulations, it attracts a steady inflow of billions of direct investments from foreign enterprises all over the world.

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Vietnam is the upcoming top growth performer in Asia and the world. The average nominal GDP per capita was nearly US$2,600, equivalent to GDP per capita in PPP terms of US$7,600.

Vietnam was home to around 26,000 foreign direct investment (FDI) projects with total registered capital of nearly US$350 billion. The World Bank’s Doing Business report ranked Vietnam 69th out of 190 countries.

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