Singapore is a dynamic developing country, using different
tactics to boost its economy. Investors may access this top Asian
economy through the country-related exchange traded fund (
According to Carl Delfeld for InvestmentU
, there are some compelling reasons why investors should consider
. Singapore was the world's
in the first half of 2010, with GDP surging 17.9%.
. Singapore relies on imports but the country has also maintained
a trade surplus. Additionally, Singapore has a balanced budget
and a stable currency.
A Different Type of Economy
. Around 70% of Singapore's economy is in the financial and
service industries. The Southeast Asian country is also
transitioning to a more research and development-based
Southeast Asia Hub
. Singapore boasts the busiest transport hub in the region.
. Politics in Singapore is maturing into a democratically freer
. The country's accounting rules and regulations are among the
. Singapore launched two large casino resorts that may produce $4
billion, or 20% less than Vegas, this year.
is one of Singapore's most important industrys, accounting for 7.7%
of Singapore's GDP in 2009,
said Ronnie Tay on Gov Monitor
. Singapore is host to the Asia HQ and engineering centers of 26
foreign infocomm start-ups. Tay focuses on two objectives that
would help companies and organizations maintain a competitive edge.
Companies should bridge innovation and demand to maximize potential
gains, and companies should be able to quickly scale innovation to
market opportunities. [
5 ETFs for the World's Competitive Nations.
Singapore is home to a tech-savvy population that relies on
advanced infocomm infrastructure.
For more information on Singapore, visit our
iShares MSCI Singapore Index (NYSEArca: EWS)
contains 12% exposure to telecommunications.
PowerShares FTSE RAFI Asia Pacific ex-Japan (NYSEArca:
has 6% exposure to Singapore, along with 38.6% in Australia and
26.7% in Korea; PAF also has 7.2% allocated to technology and
4.5% toward telecommunications.
Max Chen contributed to this article.