Advanced manufacturing, encompassing fields like robotics, Artificial Intelligence (AI), and precision engineering, has become a cornerstone of Singapore’s industrial growth strategy. This sector is pivotal for enhancing productivity and maintaining Singapore’s competitive advantage as global supply chains evolve.
Singapore’s commitment to advanced manufacturing is driven by the global shift toward automation and smart production. The government envisions Singapore as a hub for precision manufacturing, employing cutting-edge tech to support industries like electronics, aerospace, and biomedical devices. By leading in automation and data-driven production, Singapore aims to attract high-value investments and skilled talent to strengthen its economy.
Research and Innovation Funding: The government has allocated significant funding toward R&D in fields like robotics, MedTech, and AI. Enterprise Singapore offers grants under the Research, Innovation, and Enterprise 2025 (RIE2025) plan, which supports collaborative projects with research institutions.
Enterprise Financing Scheme (EFS): This scheme helps businesses access capital for high-tech projects and investments. With subsidies on equipment, automation, and working capital loans, the EFS is tailored for companies adopting digital manufacturing tools.
By investing in advanced manufacturing, businesses not only benefit from Singapore’s supportive ecosystem but also gain access to global markets where precision and efficiency are paramount.
Sustainability isn’t just a trend in Singapore; it’s a national priority. From developing green energy solutions to promoting eco-friendly technologies, the government is committed to creating a green economy that aligns with environmental, social, and governance (ESG) principles.
The green economy represents a dual benefit for Singapore: reducing carbon emissions while generating economic growth in areas like renewable energy, energy storage, and water technology. With international climate targets tightening, Singapore aims to lead in sustainable solutions that also boost resilience against climate change. This direction appeals particularly to environmentally conscious businesses looking to make a positive impact.
Singapore’s green policies provide businesses with a chance to reduce costs, attract eco-conscious customers, and stay ahead of regulatory demands globally.
Singapore has been at the forefront of the digital revolution, and its commitment to ICT reflects an ambition to be a leader in areas like cybersecurity, data analytics, and software development. ICT infrastructure is essential for all other sectors, creating a robust digital foundation for innovation and security.
The ICT sector is a driver of economic growth, and Singapore’s government recognizes its critical role in areas like fintech, e-commerce, and artificial intelligence. By promoting ICT, Singapore aims to build a resilient digital economy with capabilities in data protection, automation, and remote operations — essential in the post-pandemic landscape.
As digital transformation accelerates, Singapore provides a nurturing environment for tech-focused businesses to scale rapidly with government-backed financial support and a tech-savvy talent pool.
The biomedical sciences sector in Singapore spans pharmaceuticals, biotechnology, and medical technology. With substantial R&D infrastructure and government support, Singapore has become a thriving hub for companies focusing on drug discovery, clinical trials, and medical device manufacturing.
The COVID-19 pandemic underscored the importance of local and resilient health systems. Singapore is investing in biomedical sciences to build a future-ready healthcare infrastructure that not only serves its population but also supports global health initiatives. High-quality research facilities, paired with regulatory agility, make Singapore an attractive destination for health and biotech companies.
For biomedical startups and established firms alike, Singapore offers an ecosystem where cutting-edge research meets favorable regulatory support.
Singapore has earned a reputation as a leading global financial hub, with financial services encompassing banking, insurance, and an expanding fintech sector. With robust regulations, innovative digital banking, and a regulatory sandbox for fintech startups, the financial services sector is poised for ongoing growth.
Financial services are crucial for Singapore’s economy, providing a stable base of wealth management, corporate banking, and investment services. With the government’s push for fintech and green finance, Singapore’s financial sector is evolving to meet the needs of a digital-first and sustainable economy.
Singapore’s regulatory environment allows fintech and finance companies to innovate while maintaining the highest standards of security and consumer trust.
For entrepreneurs and investors, aligning with Singapore’s priority sectors can mean access to vital financial resources, favorable tax conditions, and collaborative networks. Singapore’s focus on these sectors signals stability and a future-oriented vision, offering business owners an ecosystem designed for growth and resilience.
Setting up a business in Singapore involves navigating regulatory requirements, compliance standards, and sector-specific incentives. ATHR offers specialized services to simplify these processes and maximize your business potential in Singapore’s key industries.
Incorporation Services: We handle every step of company registration, from gathering KYC documents to managing your compliance filings. Our team ensures that your setup aligns with Singapore’s legal requirements, particularly in priority sectors where specific regulations may apply.
Corporate Secretary Services: Ensuring compliance with Singapore’s corporate governance standards is vital, especially as you scale. Our corporate secretary services streamline administrative tasks, maintain statutory records, and manage key filings, allowing you to focus on core operations.
Accounting and Financial Compliance: Singapore’s financial and compliance landscape can be complex. ATHR’s accounting team provides end-to-end support, from bookkeeping to financial reporting, ensuring your business meets tax obligations and maximizes available financial incentives.
With ATHR’s expertise, entrepreneurs can confidently explore Singapore’s thriving sectors and benefit from tailored support to navigate the regulatory and financial landscape with ease. Book a call with ATHR today to learn how we can help you maximize your business potential and make the most of Singapore’s sector-specific incentives.
