Gustavo Favaron’s Post

Why Singapore is an interesting market for Swedish companies? Did you know that Singapore, a leading financial hub in Southeast Asia, presents numerous opportunities for Swedish companies aiming to expand their footprint in the region? Here are five key market insights that highlight why Singapore is an attractive market for Swedish businesses: • Super-Ageing Society by 2030: Singapore will be one of the world's super-ageing societies, presenting unique opportunities in sectors catering to an older population. • High GDP per Capita: With a high GDP per capita, ranked 10 globally in per capita GDP in 2023, Singapore demonstrates strong purchasing power, making it a lucrative market for premium products and services. • Regional Hub: Singapore serves as a key regional hub with excellent connectivity through flights and its status as a financial center, providing a strategic gateway to surrounding markets. • Major Infrastructure Projects: Home to significant infrastructure projects like Changi Airport and the Tuas Port, Singapore is at the forefront of regional development and innovation. • Smart Manufacturing: Singapore is a leading hub for advanced manufacturing with strong demand for cutting edge manufacturing tools and industry 4.0 solutions. The nation's proximity to low-cost production bases such as Batam, Indonesia also enables companies to outsource mass-production of less sophisticated products and components. Contact Business Sweden in Singapore to learn more: Emil Akander | Rickard Levin | Andrea Staxberg | Marcus Kuusinen | Lina Balsyte | Cassandra Chua | Alison Wee | Jacinta Ng | Yin Choo Lee | Moa Ståhlberg | Nicholas Song | Clarence Chia | Sandy Chua #FocusAsia #BusinessSweden #Singapore #MarketInsights #BusinessOpportunities #SwedishCompanies #Investment

Investment volumes in APAC, fuelled by a robust office sector, climbed 2% year-on-year (YoY) to reach US$27.3 billion in Q2 2024, extending its positive momentum for a third quarter. The rise represents a 7% increase in transactions for the first half of the year. The Japanese market remained the most active in the region, benefitting from a surge in hotel deals fuelled by a weak yen and a thriving tourism industry. Australia was a standout performer with a 73% YoY jump in investments on the back of major office and industrial deals, while Singapore saw family offices more active in retail. Activity in South Korea was mainly driven by owner occupation, while and foreign institutional capital took interest in India’s office assets in gateway cities. Read the report here: https://lnkd.in/gQ5GxpE7 Stuart Crow | Rohit Hemnani | Tim Graham | Paul Brindley | Martijn van Eldik | Nihat Can Ercan #CapitalMarketsatJLL #commercialrealestate #cre #capitalmarkets #realestate #investment

Ever thought Why Singapore? Singapore is one of the best countries to invest in. Here are some top reasons: - Singapore has a globally competitive economy. The country has high-quality infrastructure, and excellent digital connectivity and keeps on putting efforts to adopt new technologies. The country has good international connectivity. The country is situated at the unique location in Southeast Asia. It has 25 FTAs which has access to markets of partner nations. The country is ranked 2nd globally in skilled workforce. The country has a good workforce in areas of finance, technology, sustainability etc. Singapore is ranked 1st globally for the business environment. The country has a very conducive environment which supports the setting up of new businesses. Office space in Singapore is also very attractive as compared to other international financial centres like London, New York, and Hong Kong. So, what are you waiting for? Invest in Singapore. And if you need any help then connect with me.   👉 If you want someone who truly gets your financial needs met, I'm your go-to gal ✔ Click the “Follow” & "Connect" buttons now and let me help you achieve your financial dreams 💰 #SingaporeEconomy #InvestInSingapore #DigitalTransformation #InternationalTrade #SkilledWorkforce #BusinessEnvironment #TechInnovation #SustainableDevelopment #GlobalConnectivity #FinancialHub

As Singapore charts the path towards a resilient and vibrant economy, MTI will continue to support our businesses and workers to address near-term challenges, pursue opportunities in new growth areas, and create good jobs for Singaporeans.   We will direct our efforts in four key strategies, GUTC:   - Grow Our Economy; - Unlock our resource potential; - Transform our businesses; and - Connect to strengthen our status as a global business node.   Read the Business Budget Booklet 2024 to learn more about the support measures for businesses and workers, as well as the growth areas that Singapore will be working on:  https://lnkd.in/dJVawB5t

Earlier this week, our CEO, Vishal Vijay, attended a dialogue session and #networking lunch organised by Singapore Business Federation (SBF) Foundation to welcome PM Wong into his new role. The event was well attended by the local business community and provided a strong platform for open and insightful exchanges key topics shaping the future of the Singapore’s economy. Some key points: ✅ Sustaining the next phase of Singapore’s economic growth. Singapore is well-positioned to seize opportunities despite challenging circumstances. Geopolitical tensions, rising protectionism, and an ageing population pose headwinds to Singapore’s economic growth. But Singapore’s reputation as a stable, safe, and trusted place to do business remains a powerful value proposition for businesses. For #Singapore companies, digitalisation and overseas expansion remains key to doing well. ✅  Immense opportunities await in the region. Prospects are bright for businesses that expand overseas. Singapore companies must take a close look at the ASEAN region and be bold to explore regional expansion. While venturing overseas is a complex task, there are opportunities and organisations like SBF play a critical role in supporting businesses to navigate complexities as they head abroad. And the best way to end off a session like this would be a wefie 📷 with the PM. #businessdialogue #businesssupport

🌏🏢🔄 Tectonic Shifts in Asia! The iconic Wall Street Journal (WSJ) is setting its compass south as it relocates its Asia headquarters from Hong Kong to the dynamic shores of #Singapore. 🇭🇰➡️🇸🇬✨ Why this strategic relocation? Hong Kong has been diligently trying to reclaim its status as the go-to hub for global businesses, rolling out the red carpet with incentives and easing travel restrictions. Despite these efforts, the city's lingering political shifts and stringent previous COVID-19 policies have left many multinationals recalibrating their operational maps. Singapore emerges as the beacon of stability and strategic foresight. WSJ's move is not merely geographic but symbolizes a deeper realignment towards more favorable business climates. But WSJ is not just shifting locations. It's redefining its journalistic mission in the region by launching a robust business, finance, and economics group dedicated to breaking significant news and producing unique features. The broader narrative? A high-stakes game of business chess is underway. 🌍🔑 While Hong Kong intensifies efforts to attract firms, including developing its "headquarters economy" and offering multiple entry visas to China for foreign professionals, the tide is notably turning. Companies like DHL, FedEx and British American Tobacco have not only reduced their Hong Kong footprint but are enhancing their Singapore operations, drawn by its operational resilience and strategic location. This trend isn't isolated. The financial, logistics, and consumer goods sectors witness a notable pivot to Singapore, reflecting a broader shift in how companies define and position their headquarters in Asia-Pacific. Singapore's ascent as a regional powerhouse is a testament to its governance, strategic location, and ability to attract multinational corporations seeking stability and growth opportunities. Adaptability remains the cornerstone of survival and success in today's global business environment. 🌐 As Darwin might have noted, it's not just about being strong or smart; it's about being adaptable to change. So, as the business world evolves, where will your strategy take you next? For those intrigued by the strategic implications of choosing between Hong Kong and Singapore for your regional hub in Asia, I invite you to explore further. Dive into our on-demand webinar where we explore a detailed comparison of both cities as business epicenters. Find the link to this insightful session in the comments below! 👇👇👇 #BusinessStrategy #GlobalBusiness #Singapore #HongKong #WSJ #CorporateShifts Graphic courtesy of the Straits Times

🌟 Exciting news! According to the latest Brand Finance report, Singapore has solidified its position as the unrivaled business hub of Southeast Asia. 🌏 Renowned for its world-class education, cutting-edge healthcare, efficient transport infrastructure, and remarkably low crime levels, Singapore stands tall among the world’s strongest Nation Brands. 🏆 But what truly sets Singapore apart is its unwavering political stability and steadfast commitment to its economic strategy, ensuring a conducive environment for businesses to thrive. 💼 Looking to tap into this thriving economy? Look no further! Whether you're considering expansion, investment, or establishing your business presence in Singapore, Afitty Solution is here to guide you every step of the way. With our expertise and local insights, we'll help you navigate the complexities of setting up your business in Singapore seamlessly. 🚀 Don't miss out on this golden opportunity! Reach out to Afitty Solution today to explore the endless possibilities awaiting your business in Singapore. Let's turn your vision into reality! 💡 #Singapore #BusinessOpportunity #AfittySolution #Investment #Expansion"

Savills Japan has just released 2024 Review and 2025 Prospects December 2024. "Japan’s stability in 2024 continued to attract significant international investment despite gradual interest rate hikes. With renewed optimism for rental growth and strategic importance in the APAC region, further rate hikes should cause only temporary disruptions, paving the way for increased market dynamism and new players into 2025." https://lnkd.in/g_kpYRMs

Singapore ensures economic momentum with targeted initiatives. From upskilling the workforce to fostering global competitiveness, explore the steps ensuring the Lion City continues to thrive amidst global challenges. Learn how these initiatives are positioning Singapore to navigate global challenges and maintain its competitive edge. https://ow.ly/8joe50SA728

From global recognitions to innovative hubs, here’s your weekly dose of all the exciting developments happening in Singapore! 🇸🇬 👉 Pope Francis praised Singapore’s development, inclusiveness, and support for the vulnerable while urging greater focus on the poor, elderly, and migrant workers during his visit as part of his 12-day Asia-Pacific tour. 👉 Singapore shares opened higher on Friday, with the Straits Times Index (STI) rising 0.1%, following overnight global market gains driven by expectations of interest rate cuts from the US Federal Reserve and the European Central Bank. 👉 Singapore’s economy is projected to grow by 2.6% in 2024, surpassing previous forecasts due to stronger-than-expected performance in key sectors such as finance, insurance, and construction, according to the Monetary Authority of Singapore’s latest survey. 👉 Singapore has become the second-largest global hub for cross-border capital in the first half of 2024, alongside other Asia Pacific leaders like Hong Kong, Japan, and China, according to Colliers’ report, with expectations for further investment opportunities as global rate cuts boost real estate markets. 👉 CapitaLand’s Geneo, a $1.37 billion life sciences and innovation hub at Singapore Science Park, has officially launched, integrating advanced technology and sustainable practices across its five state-of-the-art buildings. The development, which offers work-live-play conveniences, aims to foster collaboration and innovation within a vibrant community, further strengthening the business park’s dynamic ecosystem. Stay tuned for more updates as Singapore continues to make waves on the global stage. 🌏✨ #tallrockcapital #singapore