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S'pore ranked 5th best place for women entrepreneurs

Conditions are supportive, but high business costs and low perceived skills are deterrents to entrepreneurship

Published Tue, Mar 7, 2017 · 09:50 PM
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Singapore

THIS International Women's Day, it seems that Singapore women have plenty to cheer about, but there is still more to be done, separate reports by Mastercard and UBS have found.

In Mastercard's inaugural Index of Women Entrepreneurs 2017, Singapore emerged fifth among markets with the strongest supporting conditions and opportunities for women to thrive as entrepreneurs.

These conditions include strong support for small and medium enterprises (SMEs), a high quality of governance, ease of doing business and access to financial services and products.

New Zealand topped the list, followed by Canada, the US and then Sweden in fourth place.

The index surveyed 54 economies across the world, represen…

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