Seeking finance jobs in Singapore can be advantageous for you and for your career. There is a world of opportunity that you can discover in the most thriving financial market in the Pacific region. Due to the time-zone benefits they have to offer, the tactical location and the sound environment, this is an ideal region for financial institutions.
Singapore was rated by “The World Bank” as the easiest place to do business, this was based the different regulations and the ultimate effect they have on doing business as a whole. Based on this, the advantages of “follow the sun” and the locality, many sizable financial institutions choose to base their companies there.
This means that you can find a wide variety of economic jobs available to you whether you are starting your career or you are established in your field and would like to find another exciting opportunity. Finance jobs in Singapore offer anyone a wonderful chance at a distinguished career and a good lifestyle.
Reports from different American consulting groups show that they have the highest proportion of millionaires in the world. During any other countries hard economic times, the Singaporeans economy has been stable. When you combine this with their government helping businesses to become more friendly for families it is easy to understand why they are doing so well in a more or less globally unstable economy.
Even though the recession seems to have hit worldwide, this country is bouncing back at an economic growth rate of thirteen percent, compared to the United States economic growth being at only one percent in 2010. While the United States is sending some of its most important jobs overseas, the Singaporean government is trying to attract businesses.
While some may feel that this country is too strict with their rules that actually help keep the city/state clean it is working for them. Foreigners who have worked in finance jobs in Singapore, say that it is actually one of the best places to work and live. The standard of living is very good because of the rules and the efficiency with which you can find work and housing.
Many young people who enter the financial market place consider moving to the city/state because of the careers that await them. It is the fourth largest exchange trading center in the entire world, and offers treasury operations, international banking firms, all with the latest technology. Any ideas that are developed here are also protected by the enforcement of intellectual property laws, which is attractive to many new companies.
You will find different business cultures in all countries, between the traditions, the geographic placement, the climate and the society itself among other factors all have a determining factor in this. If a geographic location is good but a government is corrupt and there is a high crime rate chances are the business culture will not survive so well. But when all of these fall into place you have a great place to work and live no matter what major businesses are attracted to the area.
The historical importance of Singapore began because of the enormous port, which means a lot of trade and stops being made there. The small city/state was once occupied by the Malay, Chinese, Portuguese, Japanese, Dutch, and the British, thus began the melting pot of the Pacific. All of these cultures had an influence on their own culture and after becoming their own country, they began attracting many foreign investments and they grew quickly for their trading.
The country has four official languages; English, Mandarin, Tamil, and Malay. The government fosters this diversity and that makes it easy for companies to feel at home here, as well as the diversity of employees it attracts. Most of the larger companies operate within the Western culture, while smaller businesses have the Chinese strict work culture. You will still find that the traditional hierarchy is in play here, social status and job position are clear in this society. You will never find a junior employee questioning the instructions of a senior one.
If you do decide to have a finance job in Singapore you will see that the regulations and strict rules of Singaporean government that are famous the world over are real. Signs are strategically placed in many places that let you know what is not allowed and there is also an established way to work. Basically, there is a set of rules for just about every situation that may arise in the workplace and these rules are followed by everyone.
As far as the rules for the workplace, they may seem a bit too much for some western countries. A few examples are; do not show over enthusiasm, but work creatively, no arguing, do not speak loudly or rudely, and never lose your temper. As for out on the streets it is said that there are rules against spitting, littering, even a cigarette butt is not allowed to be on the sidewalks or streets.
These rules have helped to make this country one of the most sought after places to work especially in the ever present finance jobs in Singapore. Most people are fond of these rules that keep their country clean, and running in an orderly manner, it is another reason why so many expatriates and businesses move there.
If you are seriously considering moving your family to this country, you will find a place where different cultures live amicably together, whether in work or play. You will not have to worry about school for your children because they can obtain a very high standard education in any one of the many international schools. The workload may be more than your children would be used to in a western civilization but this decreases as they grow and can choose what subjects they would like to study. Health-care is also said to be one of the best in the world, and the city has greenery planted so it seems more like a garden city.
When it comes to the question of why seek out finance jobs in Singapore, the answers may be simple to some. This country seems to have everything one could want, but still some people would find the strict rules and formalities to be a bit much.