General Singapore is a stable and a very good base from which to approach other markets in the region. Hotels are generally of a high standard. Major religions are Buddhism, Taoism, Islam, Christianity and Hinduism. Singapore has a modern and efficient infrastructure to support its thriving economy. Taxis and buses are available.
Subways are also available.
The Standard Bank of South Africa has the capacity to confirm letters of credit issued by prime Singapore banks. There are no restrictions on the import or export of foreign currency. There are no exchange control formalities, but the Monetary Authority of Singapore retains responsibility for exchange control matters. There is no limit to the amount of Singapore or foreign currency which may be brought into or taken out of Singapore. There are 6 free trade zones in Singapore.