STATISTICS SINGAPORE - Foreign Direct Investment in Singapore · Foreign Direct Investment in Singapore 2016, which contains the key findings of the survey is presented in two sections

FOREIGN DIRECT INVESTMENT IN SINGAPORE 2016

ISSN 2591-7404

© Department of Statistics, Ministry of Trade & Industry, Republic of Singapore

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governed by the provisions of the Statistics Act (Cap. 317). The Act

guarantees the confidentiality of information collected from individuals and

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(www.singstat.gov.sg).

http://www.singstat.gov.sg/terms-of-use

PREFACE FOREIGN DIRECT INVESTMENT IN SINGAPORE 2016 _______________________________________________________________________________________________________________________________________________________________________________________________

iii

The Singapore Department of Statistics has been conducting the Survey of

Foreign Equity Investment annually. Data on foreign direct investment position in

Singapore are compiled from the share ownership and financial accounts of the

surveyed companies. These data were first released in the publication Foreign Equity

Investment in Singapore, 1980-1989 in 1992. Since then, annual data from the survey

have been released.

The latest survey was carried out in 2017 for reference year 2016. The report,

Foreign Direct Investment in Singapore 2016, which contains the key findings of the

survey is presented in two sections. The first section discusses the composition, growth

and level of foreign direct investment in Singapore. A technical note to explain the

source, scope and coverage of data, as well as the concepts and definitions of terms used,

is provided in the second section. For users who are interested in data on Singapore’s

overseas investment, these are available in another publication Singapore’s Direct

Investment Abroad. The data are compiled annually from a survey on enterprises with

overseas investment.

The publication of this report is made possible by the co-operation of the

companies which provided information for the survey. I would like to express my

sincere appreciation to them and all others who have contributed towards this

publication.

Wong Wee Kim

Chief Statistician

Singapore

Jan 2018

iv

Our Vision

A National Statistical System of Quality, Integrity and Expertise

Our Mission

We Provide Reliable, Relevant and Timely Statistics to Support Singapore’s Social and Economic Development

Our Guiding Principles

Professionalism & Expertise

We adhere to professional ethics and proficiently produce quality statistics that comply with international concepts and best practices.

Relevance We constantly innovate our processes and produce statistics that meet users’ needs.

Accessibility We make our statistics readily available.

Confidentiality We protect the confidentiality of information provided to us.

Timeliness & Reliability

We produce statistics that users can depend on and disseminate them at the earliest possible date while maintaining data quality.

Cost Effectiveness

We use resources effectively, minimising respondent burden and leveraging on administrative data.

CONTENTS FOREIGN DIRECT INVESTMENT IN SINGAPORE 2016

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v

Page

PREFACE iii

KEY INDICATORS vi

I FINDINGS

Overall 1

Industrial Distribution 2

Geographical Distribution 3

Europe 3

Asia 4

North America 4

Oceania 5

II TECHNICAL NOTES 6

III APPENDIX 16

List of Activities

NOTES

The Foreign Direct Investment in Singapore contains statistics that are the

most recent available at the time of its preparation.

Numbers may not add up to the totals due to rounding.

Industries are classified according to the Singapore Industrial

Classification (SSIC) 2015.

Values are shown in Singapore dollars (unless otherwise stated).

Some statistics, particularly those for the most recent time periods, are

provisional and may be subjected to revisions in later issues.

vi

Key Indicators of Foreign Direct Investment in Singapore, 2012-2016

2012 2013 2014 2015 2016

Foreign Direct Investment in Singapore (Millions of S$) (Stock as at Year-End)

Total 808,461 905,224 1,112,325 1,267,105 1,359,477

Direct Equity Investment 724,349 818,060 1,005,522 1,163,251 1,218,774

Net Lending from Foreign Direct Investors 84,113 87,164 106,804 103,854 140,703

Foreign Direct Investment in Singapore (Millions of S$) (Stock as at Year-End)

Top 15 Sources (based on 2016)

United States 105,145 129,928 192,312 242,937 279,577

British Virgin Islands 76,832 87,451 105,903 109,811 118,725

Cayman Islands 51,548 59,608 80,917 97,935 106,456

Netherlands 90,556 84,902 70,063 99,126 102,125

Japan 60,069 72,246 110,106 115,247 93,985

United Kingdom 49,092 59,016 62,181 60,142 72,018

Luxembourg 21,256 24,414 42,591 48,713 66,388

Bermuda 32,721 34,794 40,516 51,425 54,133

Hong Kong 30,393 33,490 50,123 48,713 52,767

Switzerland 32,349 39,636 44,348 47,910 40,692

Malaysia 31,370 30,941 32,518 32,395 35,028

Ireland 7,898 7,322 10,259 22,234 26,509

China 16,306 17,846 16,195 22,689 24,498

Mauritius 15,066 17,036 19,486 22,098 23,912

Norway 20,732 21,118 21,476 22,340 20,850

Foreign Direct Investment By Activity in Singapore (Millions of S$) (Stock as at Year-End)

Total 808,461 905,224 1,112,325 1,267,105 1,359,477

Manufacturing 127,487 159,659 157,037 167,012 169,875

Construction 2,570 3,447 3,945 3,541 4,374

Wholesale & Retail Trade 164,274 186,395 236,611 281,616 298,012

Accommodation & Food Service Activities 4,817 3,966 5,239 6,291 6,472

Transport & Storage 34,529 32,908 37,984 40,482 28,473

Information and Communications 11,208 12,516 18,622 20,885 18,390

Financial and Insurance Services 382,050 411,263 525,684 591,755 674,706

Financial Services 370,471 398,312 510,219 573,742 654,967

Holding Companies 328,765 351,107 451,838 512,859 585,922

Real Estate Activities 29,550 31,246 36,986 34,151 37,734

Professional, Scientific & Technical, 42,723 53,655 76,865 106,095 105,696

Administrative & Support Services Activities

Others 9,253 10,168 13,352 15,278 15,744

FINDINGS

Foreign Direct Investment in Singapore

FINDINGS FOREIGN DIRECT INVESTMENT IN SINGAPORE 2016

1

Overall

0

200

400

600

800

1,000

1,200

1,400

1,600

2012 2013 2014 2015 2016

S$ b

illio

n

Direct Equity Investment Net Lending from Foreign Direct Investors

The Foreign Direct Investment (FDI) stock in Singapore expanded by 7.3 per cent to

reach $1,359.5 billion as at end 2016. The FDI was largely in the form of equity

investment ($1,218.8 billion or 89.7 per cent as at end 2016) comprising paid-up

capital and attributable reserves. Investment in the form of intra-company loans

accounted for the remaining 10.3 per cent ($140.7 billion).


2

Industrial Distribution

Financial & Insurance Services49.6%

Wholesale & Retail Trade

21.9%

Manufacturing12.5%

Professional, Scientific & Technical,

Administrative& Support Services

7.8%

Real Estate Activities

2.8%

Transport & Storage

2.1%All Other Sectors

3.3%

0

100

200

300

400

500

600

700

2012 2013 2014 2015 2016

S$ bil

Holding Companies Banks

Other Financial Services Insurance Services

0

50

100

150

200

2012 2013 2014 2015 2016

S$ bil

Pharmaceutical Chemical & Chemical Products

Machinery & Equipment Refined Petroleum

Computer, Electronic and Optical Others

Almost half of the FDI stock in Singapore were in the financial & insurance

services sector (49.6 per cent or $674.7 billion). The wholesale & retail trade (21.9

per cent or $298.0 billion) and manufacturing (12.5 per cent or $169.9 billion) were

other sectors with significant FDI.

Manufacturing

Within manufacturing, the

computer, electronic and

optical products (37.0 per

cent or $62.9 billion)

industry received the

largest proportion of FDI

stock as at end 2016.

Financial & Insurance

Services

Investment in holding

companies formed the

bulk of FDI (86.8 per cent

or $585.9 billion) in

financial & insurance

services.


3

Geographical Distribution

Europe30.9%

South and Central

America and the Caribbean

22.2%

Asia21.5%

North America21.5%

Oceania2.0%

Africa1.9%

0 50 100

Switzerland

Luxembourg

United Kingdom

Netherlands

S$ bil

Manufacturing

Financial & Insurance Services

Wholesale & Retail Trade

Transport & Storage

Professional, Scientific & Technical, Administrative & Support Services

All Other Sectors

Europe ($419.6 billion or 30.9 per cent) was the largest FDI source by region as at

end 2016. South and Central America and the Caribbean ($301.3 billion or 22.2 per

cent), Asia ($292.3 billion or 21.5 per cent) and North America ($291.7 billion or

21.5 per cent) were other major sources of FDI.

Europe

The major European

investor countries were

Netherlands ($102.1

billion), United Kingdom

($72.0 billion),

Luxembourg ($66.4

billion) and Switzerland

($40.7 billion).

Financial & insurance

services, wholesale &

retail trade and

manufacturing were

sectors that attracted

significant European

investment.


4

0 20 40 60 80 100

India

China

Malaysia

Hong Kong

Japan

S$ bil

Manufacturing Financial & Insurance Services

Wholesale & Retail Trade Transport & Storage

Real Estate All Other Sectors

0 100 200 300

Canada

UnitedStates

S$ bil


Wholesale & Retail Trade All Other Sectors

Asia

Among Asian countries,

Japan continued to have

the highest amount of FDI

stock in Singapore, which

were mainly channelled to

the wholesale & retail

trade and the financial &

insurance services sector.

Hong Kong, Malaysia,

China and India were the

other major Asian investor

countries.

About half of the FDI from

Asia were in the financial

& insurance services

sector.

North America

United States remained

the top investor country in

Singapore, with FDI stock

amounting to $279.6

billion as at end 2016.

American investors were

attracted to the financial &

insurance services ($144.8

billion), wholesale & retail

trade ($85.0 billion) and

manufacturing ($32.5

billion) sectors.


5

0 5 10 15 20

NewZealand

Australia


Wholesale & Retail Trade Transport & Storage

All Other Sectors

$ bil

Oceania

Australia ($15.6 billion)

and New Zealand ($4.6

billion) were the top

investor countries from

the Oceania region.

The bulk of their

investment were

channelled to the

financial & insurance

services sector.

TECHNICAL NOTES


TECHNICAL NOTES FOREIGN DIRECT INVESTMENT IN SINGAPORE 2016

6

Objective

The data presented in this report are compiled from the results of the Survey of

Foreign Equity Investment and Survey of Foreign Debt and Financial Derivative

Transactions conducted annually by the Department of Statistics. The data are used as

inputs for compiling Singapore’s International Investment Position (IIP) and Balance of

Payments (BOP) statistics. These statistics are used extensively by the government,

business community and academicians in their policy-making, business planning and

research.

Legal Authority

The survey is conducted under the Statistics Act (Chapter 317), which makes the

submission of returns mandatory. Individual returns received would be kept in confidence

in accordance with the Statistics Act.

Scope and Coverage

The Survey of Foreign Equity Investment covers corporate companies registered

in Singapore with foreign shareholders, including branches of foreign companies.

Partnerships and sole proprietorships are not included because of the difficulty in

obtaining information on share capital and reserves for such enterprises. Non-profit

enterprises are also not covered in the survey.

The Survey of Foreign Debt and Financial Derivative Transactions covers

enterprises with external debt. The list of companies with external debt is mainly updated

from previous years’ survey and Survey of Foreign Equity Investment data. They are also

identified through media sources and screening questions in other existing establishment

surveys.


7

Sample Selection

The sampling frame is based on the list of ‘live’ establishments obtained from the

Department’s establishment database. The database is updated regularly using

information obtained from administrative and survey sources.

The sampling method for the Survey of Foreign Equity Investment was based on

stratified random sampling. All enterprises in the sampling frame were stratified by

country/region of major investor, activity and company equity size. Enterprises with large

equity were selected with certainty (take-all stratum). Smaller enterprises were selected

using simple random sampling without replacement from the remaining stratum (take-

some stratum).

The sample size was optimized with an appropriate cut-off value based on the

required precision expected from the overall sample. This would ensure an optimal

sample size so as to achieve a desired accuracy of the survey results.

Methodology

Data Collection

For firms covered in the Survey of Foreign Equity Investment, data were

automatically extracted from companies’ financial accounts through ACRA’s eXtensible

Business Reporting Language (XBRL).

The Survey of Foreign Debt and Financial Derivative Transactions was primarily

conducted by mail inquiry using a standard questionnaire. Reminder letters were sent to

those companies which failed to respond without reasonable explanations. A second

reminder was sent to companies which did not respond to the first reminder.

A generalised survey system was used in the survey. The system supports multiple

mode of data collection via mail and internet. Secured transmission of statistical

information via the internet was enabled through a service known as E-survey. Queries

or clarifications with respondents on omissions and inconsistencies were conducted

through telephone or correspondence.


8

Data on foreign direct investment were compiled from the share ownership and

equity capital of surveyed companies obtained from the financial accounts. Data on

company profits, which were used to estimate the returns on investment, were obtained

from the income statement of the accounts.

Data on debt (e.g. loans, debt securities) granted by foreign investors to their

Singapore affiliates and the interest paid for these debt were obtained from the Survey of

Foreign Debt and Financial Derivative Transactions.

Data Processing

Survey data submitted were evaluated for completeness and consistency and

erroneous data would be amended and re-processed. Tabulation was carried out only after

all records were validated.


9

Enumeration Unit

The enumeration or reporting unit used in the Survey of Foreign Equity Investment

and the Survey of Foreign Debt and Financial Derivative Transactions is the ‘enterprise’.

Singapore branches of foreign companies are also included.

Year of Reference

The period of reference is the calendar year. However, for enterprises whose

accounting year differed from the calendar year, they were asked to report according to

the accounting or financial year covering the major part of the calendar year.

Type of Business Activity

The type of business activity refers to the principal activity undertaken by the

enterprise. The principal activity is defined as the one in which the enterprise devotes

most of its resources or from which it derives most of its income. The classification of

the principal activity of the enterprise is based on the “Singapore Standard Industrial

Classification, 2015”.

Country Attribution

The geographical origins of the investors are established based on their residential

or registered addresses. Foreign investment is recorded according to the immediate

country source, rather than the ultimate country source. For example, if Country A invests

in Singapore through Country B, it would be recorded as an investment from Country B

(immediate) and not Country A (ultimate).

Currency Valuation

Singapore’s investment statistics are expressed in Singapore dollars. Survey

returns which are expressed in foreign currencies are converted to Singapore dollars.


10

Concept of Foreign Direct Investment (FDI)

The conceptual framework used in compiling Singapore’s Foreign Direct

Investment (FDI) statistics is based on International Monetary Fund’s Balance of

Payments Manual (BPM).

What is Foreign Direct Investment (FDI)?

FDI is the category of international investment that reflects the objective of an

entity (direct investor) resident in one economy obtaining a lasting interest in an enterprise

(direct investment enterprise) resident in an economy other than the direct investor.

The lasting interest implies the existence of a long-term relationship between the

direct investor and the direct investment enterprise and a significant degree of influence

on the management of the enterprise.

The direct or indirect ownership of 10% or more of the voting power of an

enterprise resident in one economy by an investor resident in another economy is evidence

of such a relationship.

What is FDI in Singapore?

FDI in Singapore refers to an investment in which a foreign direct investor owns

10% or more of the ordinary shares or voting power in a Singapore direct investment

enterprise.

Why the 10% rule?

There may be situations of an investor owning 10% or more of the ordinary shares

of an enterprise not having an effective voice in the management, or an investor owning

less than 10% of the ordinary shares or voting power of an enterprise having an effective

voice in the management. The recommended threshold of 10% is to ensure statistical

consistency and comparability across countries.


11

What does FDI measure?

FDI includes the initial equity transaction and position that meets the 10%

threshold and all subsequent financial transactions between the direct investor and the

direct investment enterprise. FDI is not limited to equity investment, and also includes

reinvested earnings and inter-company debt.

Direct investment is a financial concept and is not the same as capital expenditure

on fixed assets. Assets of the direct investment enterprises that are financed by local

borrowing are also not included.

What is FDI stock?

FDI stock, in this publication, refers to the value of direct investment position as

at the end of the reference period.

How different is FDI compared to Investment Commitments?

Other measures of investment include investment commitments or intentions,

authorised and realised investments. The basic differences between FDI and investment

commitments or intentions are the timing and extent that the transactions will take place.

FDI is recorded only when a direct investment transaction takes place; committed

investment of any kind is excluded. The basic difference between FDI and authorised and

realised investment is the extent of external financing by the direct investment enterprise

in the reporting economy and the extent of reinvested earnings. FDI does not measure the

liabilities of the direct investment enterprise to external parties, such as financing from

local borrowing. Retained earnings, an important component of FDI, are not included in

investment commitments, authorised and realised investment statistics.

As an illustration, let us assume a foreign investor has committed $100 million to

set up a manufacturing plant in Singapore. During the year, the investor injected funds

amounting to $30 million of which $20 million was borrowings by the manufacturing

plant from a local bank. In this case, investment commitments or intentions amounting to

$100 million and authorised and realised investment amounting to $30 million would be

recorded while FDI of $10 million would be recorded.


12

FDI statistics compiled by DOS are different from data on investment commitments or

authorised and realised investments usually compiled by investment promotion agencies.

Although there are differences between the two sets of statistics, data on investment

commitments may be used to provide a quick assessment of the FDI trends in Singapore.

Under what circumstances will stock of FDI in Singapore decline?

The stock of FDI in Singapore may decline due to:

a) partial/complete divestment in Singapore direct investment enterprise by foreign

direct investors

b) Singapore direct investment enterprise buying back its shares from the foreign

direct investor

c) Singapore direct investment enterprise is operating at a loss

d) dividends distributed by Singapore direct investment enterprise are higher than

current earnings recorded

e) redemption of inter-company loans from foreign direct investors by Singapore

direct investment enterprises

f) valuation changes and/or currency translation changes.

Under which circumstances are negative FDI in Singapore recorded?

Negative stock of FDI in Singapore may be recorded when:

a) continuous losses in the Singapore direct investment enterprise leading to negative

reserves

b) the value of loans/debt securities extended by the foreign direct investors to the

Singapore direct investment enterprise is exceeded by the corresponding value

advanced by the Singapore direct investment enterprise to the foreign direct

investors.


13

Definition of Terms

Foreign Direct

Investment (FDI)

FDI is a category of investment that reflects the objective of

establishing a lasting interest by an enterprise (direct investor)

resident in one economy in an enterprise (direct investment

enterprise) resident in an economy other than that of the direct

investor.

FDI in Singapore FDI in Singapore refers to an investment where a foreign direct

investor owns 10% or more of the ordinary shares or voting

power in a Singapore enterprise.

FDI comprises foreign direct equity investment and the net

lending between the foreign direct investor and the Singapore

enterprise.

Direct Investor A direct investor is an entity resident in one economy that has

acquired, either directly or indirectly, at least 10% of the voting

power of a corporation (enterprise) resident in another economy.

Direct Investment

Enterprise

A direct investment enterprise is an enterprise resident in one

economy and in which an investor resident in another economy

owns, either directly or indirectly, 10% or more of its voting

power.

Subsidiary, Direct

Investment

Enterprise

A subsidiary is a direct investment enterprise in which an

investor owns at least 50% of its voting power.

Associate, Direct

Investment

Enterprise

An associate is a direct investment enterprise in which an

investor owns at least 10% but no more than 50% of the voting

power.

Branch, Direct

Investment

Enterprise

A branch is an unincorporated direct investment enterprise in

the host country fully owned by its direct investor.


14

Affiliate, Direct

Investment

Enterprise

Subsidiaries, associates and branches of a direct investor are

collectively known as affiliates of the direct investor.

Equity Capital Equity capital covers all components of shareholders’ funds

(proportionate to the percentage of shares held), including

equity, contributed surplus, reinvested earnings, revaluations, as

well as any reserve accounts.

The amount of equity capital is compiled based on market value.

Foreign Direct

Equity Investment

Foreign direct equity investment in Singapore refers to equity

capital in Singapore direct investment enterprises attributable to

foreign direct investors.

For branches of non-resident banks, their net fixed assets are

used as a proxy of equity capital. For branches of other non-

resident entities, the net amount owed by branches to their non-

resident head office is used.

Debt Securities Debt securities include bonds, debentures, commercial paper,

promissory notes and other tradable non-equity securities.

Net Lending Net lending refers to the net inter-company debt transactions

between a direct investor and its direct investment enterprise.

Income of Foreign

Direct Investment

Income of FDI consists of earnings on equity investment (i.e.

non-resident direct investor’s share in the net income or

earnings of its resident direct investment enterprises) plus net

income on debt between direct investors and direct investment

enterprises.

Income on equity consists of distributed earnings and reinvested

earnings.

Income on equity comprises:

net operating surplus (NOS)

net interest receivable

dividend income receivable


15

reinvested earnings receivable

net current transfer receivable

It does not include any realised or unrealised holding gains or

losses arising from valuation changes (including exchange-rate-

related gains and losses), revaluations of fixed assets, changes

in market prices of financial assets and liabilities. It also does

not include gains and losses due to other changes in volume of

assets, such as write-offs of intangibles, write-offs of bad debts,

and uncompensated seizures of assets. Income on equity is

measured after deducting corporate taxes as corporate taxes

comes under current transfers.

Distributed

Earnings

Distributed earnings consist of dividends and distributed branch

profits. Distributed earnings can be paid out of current or past

earnings and may result in negative reinvested earnings if the

distribution of dividends exceeds total earnings in a particular

reference period.

Reinvested

Earnings

Reinvested earnings refer to earnings on equity accruing to

direct investors less distributed earnings, proportionate to the

percentage ownership of the equity owned by the direct

investor(s).

Return on Foreign

Direct Investment

The return on FDI is a measure of the profitability of direct

investment enterprises. Return on FDI is the ratio of the current

year income of FDI to the average of the FDI position in the

current and preceding years.


APPENDIX

APPENDIX FOREIGN DIRECT INVESTMENT IN SINGAPORE 2016

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16

LIST OF ACTIVITIES

SSIC 2015 Industry

MANUFACTURING

Food, Beverages & Tobacco

10 Manufacture of Food Products

11 Manufacture of Beverages

12 Manufacture of Tobacco Products

Textiles, Wearing Apparel & Leather

13 Manufacture of Textiles

14 Manufacture of Wearing Apparel; Manufacture of Articles of Fur;

Manufacture of Knitted and Crocheted Apparel

15 Tanning and Dressing of Leather; Dressing and Dying of Fur;

Manufacture of Footwear

Wood & Wood Products

16 Manufacture of Wood and Products of Wood, except Furniture

Paper, Paper Products & Printing

17 Manufacture of Paper and Paper Products

18 Printing and Reproduction of Recorded Media

Refined Petroleum Products

19 Manufacture of Coke and Refined Petroleum Products

Chemicals and Chemical Products

20 Manufacture of Chemicals and Chemical Products

Pharmaceutical Products

21 Manufacture of Pharmaceutical and Biological Products

Rubber & Plastic Products

22 Manufacture of Rubber and Plastic Products


_____________________________________________________________________________________________________

17

SSIC 2015 Industry

Basic Metals

24 Manufacture of Basic Metals

Fabricated Metal Products

25 Manufacture of Fabricated Metal Products Except Machinery and

Equipment

Machinery & Equipment

28 Manufacture of Machinery & Equipment

Electrical Machinery & Apparatus

27 Manufacture of Electrical Equipment

Computer, Electronic & Optical Products

26 Manufacture of Computer, Electronic & Optical Products

Semiconductor Devices

2611 Manufacture of Semiconductor Devices

Computers and Peripheral Equipment

2620 Manufacture of Computers and Peripheral Equipment

Instrumentation, Photographic & Optical Goods

2651 Manufacture and Repair of Measuring, Testing, Navigating and

Control Equipment

2652 Manufacture of Watches and Clocks

2660 Manufacture and Repair of Irradiation, Electromedical and

Electrotherapeutic Equipment

2670 Manufacture of Optical Instruments and Photographic Equipment

Other Electronics nec

2612 Manufacture of Other Electronic Components and Boards

2630 Manufacture of Communications Equipment

2640 Manufacture of Consumer Electronics

2680 Manufacture of Magnetic and Optical Media


_____________________________________________________________________________________________________

18

SSIC 2015 Industry

Transport Equipment

29 Manufacture of Motor Vehicles, Trailers and Semi-Trailers

30 Manufacture of Other Transport Equipment

Others

23 Manufacture of Non-Metallic Mineral Products

31 Manufacture of Furniture

32 Other Manufacturing

CONSTRUCTION

Construction

41 Construction of Buildings

42 Civil Engineering

43 Specialised Construction Activities

WHOLESALE & RETAIL TRADE

Wholesale Trade

46 Wholesale Trade

Retail Trade

47 Retail Trade

ACCOMMODATION & FOOD SERVICE ACTIVITIES

Accommodation & Food Service Activities

55 Accommodation

56 Food and Beverage Service Activities


_____________________________________________________________________________________________________

19

SSIC 2015 Industry

TRANSPORT & STORAGE

Water Transport & Supporting Services

50 Water Transport

5002 Freight Water Transport

Other Water Transport nec

5001 Passenger Water Transport

5222 Supporting Activities to Water Transport

5225 Marine Surveying Services and Classification Societies

Land & Air Transport & Supporting Services

49 Land Transport

51 Air Transport

5221 Supporting Services to Land Transport

5223 Supporting Services to Air Transport

Warehousing, Post & Courier Services

521 Storage and Warehousing

5224 Cargo Handling

5229 Other Transportation Support Activities

53 Postal and Courier Activities

INFORMATION & COMMUNICATIONS

Information & Communications

58 Publishing Activities

59 Motion Picture, Video, Television and Other Programme Production,

Sound Recording and Music Publishing Activities

60 Radio and Television Broadcasting Activities

61 Telecommunications

62 Computer Programming, Consultancy and Related Activities

63 Information Service Activities


_____________________________________________________________________________________________________

20

SSIC 2015 Industry

FINANCIAL & INSURANCE SERVICES

Banks

6412 Full Banks

6413 Wholesale Banks

6414 Offshore Banks

6415 Merchant Banks

6416 Finance Companies

Activities of Holding Companies

6420 Activities of Holding Companies

Other Financial Services

6411 Central Banking

6419 Other Monetary Intermediation

643 Trusts, Funds and Similar Financial Entities

649 Other Financial Services, except Insurance and Pension Funding

Activities

661 Activities Auxiliary to Financial Service Activities, Except Insurance

and Pension Funding

663 Fund Management Activities

Insurance Services

65 Insurance, Reinsurance, Provident Funding and Pension Funding

662 Activities Auxiliary to Insurance and Pension Funding

REAL ESTATE ACTIVITIES

Real Estate Activities

68 Real Estate Activities


_____________________________________________________________________________________________________

21

SSIC 2015 Industry

PROFESSIONAL, SCIENTIFIC & TECHNICAL,

ADMINISTRATIVE & SUPPORT SERVICE ACTIVITIES

Professional, Scientific & Technical Activities

69 Legal, Accounting

70 Activities of Head Office

71 Architectural and Engineering Activities

72 Scientific Research and Development

73 Advertising and Market Research

74 Other Professional, Scientific and Technical Activities

75 Veterinary Activities

Administrative & Support Service Activities

77 Rental and Leasing Activities

78 Employment Activities

79 Travel Agencies, Tour Operators and Reservation service

80 Security and Investigation

81 Cleaning and Landscape Maintenance

82 Office Administrative, Office Support and Other Business Support

Activities


_____________________________________________________________________________________________________

22

SSIC 2015 Industry

OTHERS

01 Agricultural and Related Services

02 Forestry, Logging and Related Services

03 Fishing, Operation of Fish Hatcheries and Fish Farms

08 Mining & Quarrying

09 Service Activities incidental to Oil and Gas Extraction (excluding

Surveying and Engineering Design and Consultancy Services)

Supporting Mining, Oil and Gas Extraction and Offshore Exploration

Services)

35 Electricity, Gas and Air Conditioning Supply

36 Water Collection, Treatment and Supply

37 Sewage

38 Waste Collection, Treatment and Disposal; Materials Recovery

85 Education

86 Health Services

87 Residential Care Services

88 Social Services without Accommodation

90 Creative Arts and Entertainment Activities

91 Libraries, Archives, Museums and Other Cultural Activities

92 Gambling and Betting Activities

93 Sports Activities and Amusement and Recreation Activities

94 Activities of Membership Organisation

95 Repairs of Computers, Personal and Household Goods and Vehicles

96 Other Personal Services Activities

PROJECT TEAM FOREIGN DIRECT INVESTMENT IN SINGAPORE 2016

_____________________________________________________________________________________________________

23

Enquiries

Please direct enquiries on this publication to:

Business Statistics Division

Singapore Department of Statistics

Tel: 6835-8924

Deputy Director Mr Khoo Soon Lee

Assistant Director Ms Cheng Ze Ying

Senior Manager

Managers

Mr Zainal b Ibrahim

Mrs Tan-Poh Bee Tin

Mr Chua Yih Leng

Mr Yeo Eng Kiat

Management Support Officers Mrs Ho-Wong Kum Yong

Mr Mohamed Hisyamuddin

Ms Izyan Ashikin

Ms Grace Sng

Corporate Support Officers Ms Tan Siew Keng

Mrs Lim-Ng Lang Kheng

Ms Kalaiselvi d/o Suppiah

Documents

STATISTICS SINGAPORE - Foreign Direct Investment in Singapore · Foreign Direct Investment in Singapore 2016, which contains the key findings of the survey is presented in two sections