Singapore PESTLE Analysis

Singapore PESTLE Analysis demonstrates how various factors influence the country. Singapore's technological readiness is strong, the physical infrastructure has grown with technology, and the government has a strong logistics backbone to support businesses and others. The 'Legal Factor' in Singapore is that corporate and personal taxes are low, freedom of speech and laws are strict, implementation is rigid, and a national IP protocol is being developed to give companies access to publicly-funded intellectual property. The acronyms are political, Economic, Social, Technological, Environmental, and legal. It is necessary for marketing before any strategy or tactical plan can be implemented.