31200242 Singapore EDB Presentation March 2010

8/6/2019 31200242 Singapore EDB Presentation March 2010

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sedb.com

Breakfast Talk atFCCS-BLBGEntrepreneurs/Asia

Committees

16th March 2010


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Agenda


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sedb.com

SingaporesEconomy


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Singapore at a glance

Open immigration policy:4.99 million people with ~1million resident expatriates

Cosmopolitan City:English-speaking workforce,4 official languages

Pro-business environment:

Strong IP protection andattractive tax regime

Regional Business Centre:>7000 MNCs, 4000 with regionalfunctions

Excellent Connectivity:Logistics, communications andtrade links

2009 GDP Growth: -2.0%

Source: Singapore Dept of Statistics 2010 (19 Feb)

BusinessServicesConstruction

Transport &Communications

Wholesale &Retail Trade

Others

2009 (p) GDP:

S$257.6 billion (134.9)

Manufacturing

FinancialServices

18%

14%

14%

12%

6%

17%

19%


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Major Industry Sectors

Electronics

Biomedical

Sciences

Precision

Engineering

TransportEngineering

Chemicals

Logistics

Education

Services

HealthcareServices

ConsumerBusinesses

Infocomms& Media

ProfessionalServices

Energy


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New Areas of Growth

Digital Media

Clean Energy

Environmental

Technologies

Bio-technology

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Grow IndustryVerticals Enhance BusinessEnvironmentAttract ForeignInvestment

Singapore EDB

Lead Government Agency that Plans and ExecutesEconomic and Industrial Development Strategies for Singapore

OUR GOAL

Shaping Singapores Economic Future

OUR VISIONSingapore: A Compelling Global Hub for Business,

Investment and Talent

OUR MISSION

Create Sustainable GDP Growth for Singapore withGood Jobs and Business Opportunities for its People


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sedb.com

Emerging fromthe EconomicDownturn


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A Positive Turn in Singapores

Economy

Real GDP grew by 4% in on a year-on-year basis in Q4 2009

Manufacturing output increased 39.4% in

Jan 2010 on a year-on-year basis

Services sector grew by 6.6% in Q4 2009

Singapores 2009 GDP growth was -2% Previous forecast -4% to -6%

Projected GDP for 2010 4.5% to 6.5%

Recent performance


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Economic Strategies Committee

Growing through skills and innovation.

Anchor Singapore as a Global-Asia hub.

Build a vibrant and diverse corporate ecosystem.

Make innovation pervasive, and strengthen commercialisation of R&D.

Become a smart energy economy.

Enhance land productivity to secure future growth. Build a distinctive global city and an endearing home.

Making Singapore a vibrant and distinctive global city


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Budget 2010

S$5.5 billion over the next 5 years

Aim: To raise productivity by upgrading skills andsupporting enterprise investments ininnovation

3 major components: Enhancing Skills & Innovation Growing Globally Competitive

Companies Developing Future-Ready

Solutions & OptimisingResources


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Highlights of Budget 2010


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From Host to Home

Is about the ClustersClustersthat we have built up inCKICKI industries based on

our core fundamentals ofTrustTrust, KnowledgeKnowledge,ConnectedConnected and LifeLife


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15

Asia will play an increasinglyAsia will play an increasinglyimportant roleimportant roleGrowth marketR&D baseManufacturing baseOutsourced services base

Positioning SingaporePositioning SingaporeSingapore in the centre of AsiaHome away from home for US and European MNCsSpringboard for Asian growth companies to go globalManufacturing and R&D control towerContinue to move up the value chain of manufacturing and

R&D activities

Home for Business


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Fastest growth in %of new millionaires

Country% Ages 65+

(2004)

Japan 19.2

Singapore 8.2

China 7.2

Indonesia 5.4

South Asia 4.8

One of the fastestageingpopulations in

Asia

Rank

Singapore

India

Indonesia

Russia

UAE

South Korea

Source: Merrill LynchWorld Wealth Report

The City State

Preparing for 6.5M population (from 4.6M)

Affluence Ageing

Urbanisation

LifestyleProducts& Services

Health& Wellness

UrbanSolutions

Business Growth Themes


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Global MarketsIndustry Technology Business

Resources

Internationaliseour solutions andcompanies Working with the Private Sector

Companies and Research Institutes Intrapreneurship

Microcosm of AsiaThe primary driver of future solutions

Government Policy Tools Infrastructure

Create products andservices to addressglobal market demand

LivingLab

PrototypeNew

ConceptsFirst

Adoption

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Singapores needs

Home for Innovation


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Urban Solutions

Green Transportation Intelligent Transport

Systems

Green Transportation Intelligent Transport

Systems

Public safety

Homeland security Command and control systems

Public safety

Homeland security Command and control systems

Renewable energy Intelligent grid

management Energy efficiency

Renewable energy Intelligent grid

management Energy efficiency

Telecommunications

Green IT E-Government

Telecommunications

Green IT E-Government

URBAN

SOLUTIONS

Green buildings Urban greenery Urban planning

Green buildings Urban greenery Urban planning

Waste and water

treatment Pollution control

Waste and water

treatment Pollution control


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Health & Wellness

From healthcare problems...

...to healthcare solutions


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Lifestyle Products and Services

From national quirks...


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Developing your future leaders

22

BusinessBusinessSchoolsSchools

Academic & Practical R&D

MBA & EMBAExecutive programmes

ThoughtLeaders

Gurus on leadership

Prof Svcs FirmsPractical R&D

Translate insights intoapplications

Training programmesConsulting &

solutions-providing

CorporateUniversities

Grow, develop, retainemerging leaders

The Singapore LINKLeadership Initiative for building Networks and Knowledge

The Singapore LINKLLeadershipeadership IInitiative for buildingnitiative for building NNetworks andetworks and KKnowledgenowledge

Thought &Thought &PracticePractice

LeadershipLeadership

Practice

Programme

ContentContentDeliveryDelivery

ContentContentDevtDevt


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Putting it all Together

Home forHome forInnovationInnovation

Future-ready solutions forGlobal and Asia markets

Home for TalentHome for TalentGlobal talent for Asia, and

Asian talent for globalreadiness

Home forHome forBusinessBusiness

Global-Asia Value Propositions& Pan-Asian Integrator

Launchpoint for Asian Enterprises to Regionalise & InternationaliseLaunchpoint for Asian Enterprises to Regionalise & Internationalise

First & Essential Base in Asia for Global SMEsFirst & Essential Base in Asia for Global SMEs

Home in Asia for MNCsHome in Asia for MNCs

Singapore as the leading

Global Business City in AsiaGlobal/Intl/Asian HQs, Control Towers, Differentiator Activities


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www.sedb.comsedb.com

Thank you

EDB provides this presentation (including oral statments) gratuitouslyfor information only and not for any other purpose. EDB does notwarrant the accuracy, completeness nor suitability for purpose of

any information in this presentation. EDB excludes all liabilityincluding but not limited to inaccuracies, incompleteness or lack ofsuitability for purpose of any information in the presentation.

.

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31200242 Singapore EDB Presentation March 2010

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