Singapore's foreign direct investments abroad China, India, Indonesia, Myanmar & Vietnam

• Main Authors: Ang, Lay Yen, Lau, Kee Hoon, Ong, Sze Peng
• Other Authors: Nanyang Business School
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/55607
• Institution: Nanyang Technological University

Recently, the Singapore government has, on several occastons, encouraged Singaporeans to sprout the "second wing" of our economy, with a view of complementing the domestic economy. Tiris, coupled with the foreign governments' introduction of various reforms and new industrial policies, has provided excellent opportunities for entrepreneurs to invest overseas. In particular, the Singapore government has encouraged Singaporeans to invest in emerging economies in the region such as China, India, Indonesia, Vietnam and Myanmar. 11ris project is aimed at studying the trend in Singapore's foreign direct investments abroad, with special attention to the above-mentioned countries. It was conducted mainly through two methods as outlined below: • An extensive literature revtew of newspaper articles , publications by international accounting finns and statutory boards. • A study of the location-specific theory to identify pull and push factors affecting investment decisions. We begin our study by providing an overview of the trend in Singapore's foreign direct investments (FDI) abroad over the past 15 years. As the FDI abroad increased tremendously in the late eighties, we analyse this phenomena using pull and push factors via an investment theory, namely the location-specific theory.