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Singapore

Welcome to Singapore, one of the world’s most open economies for international trade and investment and one of the best ranked for ease of doing business.

City view of Singapore’s OCBC Skyway and Gardens by the Bay with office towers in the background.
  1. Singapore
  2. Country and Market Info

Evaluating the market in Singapore

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position - Open

Open

What this means:

  • Actively pursuing business
  • All EDC solutions are available in this market, subject to regular approval criteria

How does EDC determine the position?

EDC takes the following into account when determining the position in a given market:

  • Government of Canada restrictions
  • Political, human rights and corruption risks
  • Other factors that may be taken into consideration are: size of the economy, diversification of the economy, risk of natural disasters
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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Singapore

Singapore is a leading financial and technology hub, a regional trading centre, and one of the world’s busiest ports. As one of the largest foreign direct investment (FDI) destinations for Canadian companies in Southeast Asia, Singapore continues to be a crucial trade and investment partner for Canada in the region. It offers increasing potential for diverse trade and investment opportunities in all sectors and provides access to multiple trade agreements. Export Development Canada (EDC) serves Canadian companies in Singapore through its corporate branch, which opened in March 2017.
  • Advanced Security
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You should also check out

Beijing‘s Forbidden City at sunset
Report December 16, 2020
Asia-Pacific nations sign massive trade deal

This EDC Economics overview outlines the implications of the world’s largest free trade agreement and how it affects Canadian companies.

Doing Business in Southeast Asia
Guide September 12, 2016
Doing Business in Southeast Asia

This comprehensive guide helps you explore exporting and direct investment opportunities in the ten fast-growing markets of Southeast Asia.

Here’s a helpful tip for doing business in Singapore

Remember “Greeting and Seating” to help you follow the strict etiquette for business meetings in Singapore. A formal hierarchy is followed for introductions and seating arrangements– always wait to be introduced and told where to sit.

  

We understand opportunity

With our knowledge and solutions, you can take on the world knowing that we've got your back.

View our solutions
International Trade Solutions

Access more insights on this country

Singaporean businesswoman talks on cellphone outside with city backdrop

3 markets to watch: Malaysia, Singapore, Australia

Article April 08, 2025 Expanding Canadian trade in the Indo-Pacific region

Joe Mimran poses with globe with blue chevrons in background.

Opportunities in Southeast Asian Markets

Podcast May 15, 2024 Find out how expanding into Southeast Asia could be a strategic next step for your business.

A panoramic view of  Marina Bay and the Central Business District in Singapore.

Singapore: Business FAQs and exporting tips

Article November 07, 2023 Business etiquette tips and market insights from the EDC Singapore team.

Singapore’s central business district

Doing business in Singapore

Article June 20, 2023 A global finance, innovation and logistics hub, Singapore is a launchpad into the Indo-Pacific

Stuart Bergman, EDC

Indo-Pacific potential

Weekly Commentary March 02, 2023 Canada’s long-term growth prospects require transformative strategy

A sunset view of the ancient Borobudur temple complex in Central Java

Navigating the opportunities and challenges in Southeast Asia

Blog July 10, 2019 EDC’s country risk analyst John Bitzan travels to Singapore, Indonesia and Japan on market research mission

View more


 

Interested in growing your business in this market?

If you’re an existing customer, please contact your EDC account manager about any additional support you need. If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

Or send us a question and we’ll get back to you as soon as possible. Send a question.

Date modified: 2024-02-05

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