Singapore slips in investment rankings

Singapore

AFTER a small recovery last year, Singapore has slipped back to drop even more in the 2015 AT Kearney Foreign Direct Investment Confidence Index rankings - although investors still rate it among the world's most competitive and business-friendly economies.

Despite seeing a 27 per cent jump in the inflow of foreign direct investment (FDI) to US$81 billion in 2014, Singapore fell six places to 15th in the latest annual rankings - the 17th done by global management consulting firm AT Kearney to offer a guide to where multinational corporations can deploy their capital.