Singapore is a major international trading hub, connecting Southeast Asia and East Asia, Europe, Middle East and Australia. It has developed into one of the busiest aviation and shipping ports for East-West trade.
Since its independence, foreign direct investment and a state-led drive for industrialization have made Singapore the largest industrial nation in Southeast Asia. Like Hong Kong, there are English and Chinese are the commonly used language in Singapore, making it an ideal location for many American and European multi-national corporations to establish branches in Singapore. In recent years, it has become one of the major financial centers for real estate. It is recognized as the third leading financial center following London and New York and was chosen as the 8th major global markets by the American magazine, Foreign Policy, in 2010.
(Wikipedia)