How Long Does it Take to Activate a Singapore Virtual Number?
We have a large inventory of Singapore virtual numbers, including toll-free and national numbers. Once we receive KYC documents, we can activate these numbers within 1-3 business days.
Singapore Economy: A Brief Overview
Singapore has enjoyed a high ranking among the world’s richest economies, once again in 2020. According to the World Bank, Singapore retained its place as one of the easiest economies to do business in. Its status is only three places behind the US, to put it in perspective.
Singapore was ranked on ease of starting a business, construction permits, electricity, and credit financing. The Singapore government is well-organized and helps businesses obtain the necessary permits efficiently. This greatly contributes to its economic placement.
Singapore’s economy is largely based on Foreign Direct Investment (FDI) which it lends at an outstanding rate worldwide. Thanks to an appealing investment environment and secure political foundation, the nation has directly benefited from the FDI from other global investors and organizations.
The nation thrives on exports; specifically electronics, services, and chemicals, and is surprisingly one of the globe’s central wealth management regions. These services and products provide substantial revenue for the economy as a whole. Investments and foreign money allow Singapore to purchase the natural resources it needs to survive, including water.
Singapore’s rich marketplace — ranked as one of the world’s leading economies — makes it a prime location for new and established businesses to expand their reach.
Expand to Singapore with Virtual Phone Numbers
With an economy that has continued to rank highly on the international scene for one of the easiest places to do business in, Singapore presents countless opportunities for growing and established businesses. Singapore’s diverse market is backed by imports, technology, and government investments, opening the door to businesses in these sectors.
Prior to embracing the economic opportunity in any new marketplace, however, businesses should research the market and determine their plan of action.
There are several reasons why businesses should consider investing in Singapore virtual phone numbers. For example, businesses seeking to contact customers for the first time can use Singapore virtual phone numbers to position themselves as a professional, trustworthy, and credible business. When customers recognize the country code and numbers associated with a company, they feel comfortable contacting the business on the other side of the call.
Businesses that operate a call center in a foreign country can use virtual numbers to let Singaporeans call for free. Most customers within Singapore are seeking high call quality and instant access to customer service. Virtual phone numbers make that possible. Businesses can then continue to save money on labor costs without forfeiting the call quality or customer service they offer.
With Singapore VoIP numbers, you can enter this booming economy and increase your business’ sales and global coverage. To learn more, speak with representatives today!