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| Source: Wikipedia |
By Yingyue Han
The Economist Intelligence Unit’s (EIU) inaugural Global City Competitiveness Index announced this week placed Singapore as the third most competitive in the world, just behind New York and London. In financial maturity and physical capital, two of the eight categories, Singapore emerged as number one.
Khoo Teng Chye, executive director of Singapore’s Centre for Liveable Cities,called Singapore “a hub open to the flow of people, ideas, capital, goods and services.” One example from the list of firms making the decision to relocate to Singapore is BHP Billiton, one of the world’s largest mining firms, which recently announced the relocation of its marketing and trading hub from The Hague to Singapore.
Read the full story at The Diplomat