The Milken Institute’s Global Opportunity Index ranked Singapore the most attractive country for foreign investments in the region in 2023.
Denmark came in first globally, with Sweden dropping to second, followed by Finland in third. The United States moved up one spot to fourth. “It means that overall investment conditions remain strong, which is also reflected in Singapore’s capital inflows. The strength of investor rights coupled with its relatively low business constraints mean that investors should feel comfortable operating in Singapore,” Dr Switek said.
Singapore scored below the average of advanced economies in the “economic fundamentals” category, which captured macroeconomic performance, workforce talent and efforts to create a resilient and sustainable economy and society.
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