Starting Up In Singapore: What The Lion City Has And Lacks For Startups

A few weeks ago, I wrote about 3 startups that were disrupting the retail industry in Singapore. This week, I’m going to take a macro view of the startup landscape in Singapore.
Singapore, whose official languages include English, Mandarin, Malay and Tamil, possesses the capacity to embrace people of multicultural backgrounds from all over Asia Pacific. Despite being an island city state with a population of just 5.5 million, Singapore boasts some of the world’s wealthiest citizens with GDP per capital at US$71,310 indicating strong spending power from its domestic consumers. Most importantly, its geographical location allows it to effectively present itself as a gateway to a population of nearly 600 million throughout the Southeast Asian region.

from Forbes – Tech http://ift.tt/2avXfFb
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