Singapore is a sovereign island country in maritime Southeast Asia. A global city, it has a highly developed market economy, based historically on extended entrepôt trade and more recently as a financial hub as well. Its economy is known as the most freest, most innovative, most competitive, most dynamic and most business-friendly in the world by various multinational economists, think-tanks and organisations. ^[1] Furthermore, Singapore is also consistently ranked as one of the least corrupt countries in the world, and the most transparent in all of Asia on the Corruption Perceptions Index (CPI). ^[2]

Singapore is a wealthy country, and is one of the original Four Asian Tigers, having also surpassed its peers in terms of GDP per capita, being the second highest in the world. Between 1965 and 1995, growth rates averaged around 6 per cent per annum, transforming the living standards of the population within a single generation. ^[3] To start a business in Singapore, business owners have to register with the Accounting and Corporate Regulatory Authority (ACRA). ^[4] ACRA is the national regulator and company registrar of business entities, accountants and service providers in Singapore.

Largest firms

Largest public companies

This list shows firms in the Forbes Global 2000, which ranks the world's largest public companies for 2022. ^[5] Only the top five firms (if available) are included as a sample.

Rank	Image	Name	2022 revenues (USD billion)	2022 assets (USD billion)	Notes
218		OCBC Bank	22.9	402.2	OCBC Bank is a publicly listed financial services organisation and is the second-largest bank in Southeast Asia by total assets.
244		DBS Group	12.4	509.1	DBS Bank is a multinational banking and financial services corporation.
362		Wilmar International	65.8	58.7	Wilmar is an agribusiness acting as a holding company for more than 400 subsidiaries.
367		UOB	8.9	340.7	UOB is a Singaporean multinational banking organisation, with branches mostly found in most Southeast Asian countries.
735		Singtel	11.8	35.0	Singapore's largest telecommunications company with operations in Asia, Australia and Africa.

By total revenue

This list shows firms in the Fortune Global 500, which ranks firms by total revenue for 2022. ^[6] Only the top five firms (if available) are included as a sample.

Rank	Image	Name	2022 revenues (USD billion)	Employees	Notes
19		Trafigura Group	231.308	9,031	Parent (Trafigura Beheer BV) is a Swiss/Dutch entity, but primary operations are from the Trafigura Group in Singapore.
192		Wilmar International	65.793	100,000	Wilmar is an agribusiness acting as a holding company for more than 400 subsidiaries.
406		Olam Group	24.419	62,548	Olam Group is a food and an agribusiness company founded in Nigeria; with primary operations and headquarters in Singapore.

Notable firms

This list is incomplete; you can help by adding missing items. (March 2024)

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

• 
  The integrated resort of Marina Bay Sands, that opened in 2010, is one of the world's most photographed buildings
• 
  Singapore Airlines's Airbus A380 landing at Singapore Changi Airport

See also

• Economy of Singapore
• List of largest companies in Singapore
• List of companies listed on the Singapore Exchange
• Straits Times Index

References