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Increase In New Business Formations Underscores Singapore’s Attractiveness To International Business Community [Infographic]

Increase In New Business Formations Underscores Singapore’s Attractiveness To International Business Community [Infographic]

Singapore has bounced back from a dip in new business formations posted in the previous quarter, with a 9% increase in Q2. 15,964 new businesses were registered in Q2 2015, underscoring the confidence in Singapore as an international business center. Though the numbers contracted by more than 28% in Q1, when compared to Q4 2014, in this second quarter it appears to be returning to normalcy with a 9% QoQ growth.

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