20 Dec '12, 10pm

#Singapore's

#Singapore's

By A. Ananthalakshmi SINGAPORE | Thu Dec 20, 2012 4:11pm EST SINGAPORE (Reuters) - Singapore's decade-long push to become a hotbed for entrepreneurs is stuck at stage one. The city-state of 5.3 million people ranks No. 1 in the world in ease of doing business and fourth in starting one, according to a World Bank study. It offers low taxes, easy-to-obtain seed money to start a business, and a well-educated, English-speaking workforce in the gateway to Asia. It just takes one day and S$315 ($260) to register a business in Singapore. Yet, the country has struggled to attract international investment money for its own start-ups. Venture capital firms are put off by the small size of the market, lack of big ideas that can be a global success and an uncertain exit strategy. Only 50 out of 301 venture capital firms based in Singapore are interested in local investment, according ...

Full article: http://www.reuters.com/article/2012/12/20/us-singapore-st...

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cnbc.com 20 Dec '12, 9pm

Singapore's decade-long push to become a hotbed for entrepreneurs is stuck at stage one. The city-state of 5.3 million peo...

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18 December 2012 Last updated at 23:41 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print ...

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