While Singapore shines as a top spot for investments in Asia, Malaysia is also doing well among developing countries, ranking 27th globally.
The Milken Institute’s report for 2023 positions Singapore at the forefront among its Asian counterparts, clinching the 14th spot globally out of 130 countries surveyed. This marks a four-place jump from its standing in 2022.According to the national broadsheet, Dr Maggie Switek, the lead author of the report and senior director at the Milken Institute, attributed Singapore’s climb in rankings to its robust economic growth.
It means that overall investment conditions remain strong, which is also reflected in Singapore’s capital inflows. The strength of investor rights coupled with its relatively low business constraints mean that investors should feel comfortable operating in Singapore.”
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