Singapore, which is historically a trading nation, is your ideal destination for
traveling on business. This tiny island which is just 263 square miles is not only
ultra-efficient, clean and seemingly corruption-free, its also Southeast Asia’s main
business base and financial hub where CEO’s from the world’s leading companies hang
out regularly. Because Changi Airport leads airport rankings, Singapore offers both
convenience and connectivity to its business travelers. And with its 1.2 billion
dollar terminal 3 traveling here is a great experience. Americans can have a 3-mont
visa granted upon arrival here because of the free-trade agreement between Singapore
and America. Because Singapore is such a small city, hotels are all within 30
minutes of the airport. There is a number of a variety of accommodations here from
five-star to budget hotels. The American Chamber of Commerce plays a major role in
looking after American businesses that are interested in Singapore. And according to
the American Chamber of Commerce, Singapore was the 9th largest export market and
Americas 15th largest trading partner in 2006. Its 2,700 members represent over $25
billion in investments here and with its 2,700 members of over 500 which are
American, from Singapore and other international companies.
The American Chamber of Commerce (amcham.org.sg), the Commerce Section of the American Embassy
(Singapore.usembassy.gov), and the International Chamber of Commerce (sicc.com.sg)
are all great resources with great contacts online. Business relationships here in
Singapore are no different than in the United States. And the personal relationships
are extremely important here unlike most Southeastern nations, bribing isn’t
tolerated here. The best way to go about business is to first reach an agreement,
and then bring the lawyers in later. Here the risk of offending the culture is rare
because Singapore is such a multicultural city. Here cultural differences are
tolerated as long as intentional offense and negativity towards another culture
isn’t. Just be patient doing business here. In Singapore there are a number of
amazing things to do after wok an on your days off. In this pedestrian-friendly city
visit the Little India district. Since its’ easy to get to from the city’s main
business areas it’s a great ethnic community to visit. You can get everything from
spices to saris, and at the Tanglin Shopping Center you can find Asian antiques,
fine carpets and a number of tiny boutiques. There are a number of new places close
to the central business district.
A popular spot among locals is the Dempsey Road
(also known as Tanglin Hill). Definitely make a reservation at the famous wine bar
the Wine Company and Red Dot, Singapore’s first local brewery that serves ales
specifically made for Singapore’s weather conditions and food. One place that is
popular for high-powered business lunches located in a 100-year-old bungalow is the
Song of India. It has two large private rooms for meetings, privacy and well-spread
out tables making it comfortable to conduct business. Singapore has a number of
options for evening entertainment but the center of Singapore’s night life is Clarke
Quay. This growing vibrant city is definitely a great place to make business deals.