Singapore has become the largest foreign exchange center for Asia
Singapore became the largest center of Asian currency trading, surpassing in this unique championship Japan.
Bank for International Settlements estimates that the average daily trading volume in the currency of the country have grown over the past three years by almost 50% and in the I quarter of this year totaled $ 383 billion, this figure is the first in the Asian region, Japan was in the lead up to this. Read more »
Singapore expects an economic boom in Southeast Asia by attracting investment, as at the same the government takes measures to reduce foreign labor, increases costs for salaries and companies increasingly difficult to fill vacancies. 
Singapore’s economic growth rate accelerated in 2013, according to Prime Minister of Singapore Lee Hsien Loong.