The economy of Singapore is a highly developed capitalist mixed economy. While government intervention is kept at a minimum, government entities such as the sovereign wealth fund Temasek control corporations responsible for 60% of GDP. It has an open business environment, stable prices, and one of the highest per capita gross domestic products (GDP) in the world. The Port of Singapore is one of the busiest in the world, surpassing Hong Kong and Shanghai.
The successful candidate can be assured of enjoying one of the lowest tax rates in the world 1. Allied to this fact, Singapore is consistently acknowledged to be a global business hub with a developed infrastructure, political stability and open business policies; The World Economic Forum ranked Singapore as the most competitive economy in Asia in its 2006-07 Global Competitiveness report, while globally, Singapore ranked second to the USA. Singapore offers limitless opportunities to candidates keen on applying their banking and financial expertise and Kingsley Adams Executive Recruitment is enthused in bringing this once-in-a-lifetime opportunity to the market.
1 The amount of personal income tax payable depends on whether you hold tax resident or non-resident status, and the income you earn. Further information can be had at www.ecitizen.gov.sg/nonresidents/