8 best business opportunities in Singapore (You can not miss 2025)

With a strong economy and favorable international connectivity, Singapore offers countless opportunities for investors and entrepreneurs.

In this article, GLA will introduce the 8 best business opportunities in Singapore. You should not miss these if you want to start a successful business in Singapore . These opportunities can also help your company grow and expand internationally.

1. 8 business opportunities in Singapore for foreigners

1.1. Agriculture

Singapore has very little farmland, so it depends heavily on technology for farming and food production.

However, the demand for food and agricultural products is higher than the supply because few investors enter this sector. If you are willing to invest in the right technology, you can make huge profits from agriculture in Singapore.

1.2. Biotechnology

Singapore is actively growing its biotechnology industry. The government has invested hundreds of millions of dollars in infrastructure, research, and attracting top scientists.

Major pharmaceutical companies like GlaxoSmithKline and Pfizer have already set up factories in Singapore. This creates great opportunities for investors in biotechnology. However, entering this industry requires strong expertise and significant capital.

 1.3. Fast food and snacks

Fast food and snacks sell very well in Singapore, making them a profitable business opportunity. Investors can earn good profits from selling items like kebabs and pizzas.

Starting this type of business requires little capital, and no formal qualifications are needed. This makes it one of the easiest industries to enter. Remember that you need to pass the food sanity check from the Singapore government to sell sustainably.

1.4. Transportation and logistics

Transportation is an essential service with consistently high demand everywhere. As a foreign investor in Singapore, you can start a transportation business, and its size will depend on your capital. With a small budget, you can open a local taxi service. If you have more capital, you can expand into inter-city or international transport services.

If you have a small capital, open a taxi service operating on local routes. With a larger capital, you can set up an inter-city or international transport service.

1.5. Professional services

With many local and foreign businesses in Singapore, the demand for professional services like legal, accounting, auditing, and bookkeeping is growing.

If you have strong skills in these areas, you can succeed by offering strategic financial service packages to businesses.

1.6. Electronics

The electronics industry is the largest part of Singapore’s manufacturing sector, making up 48% of total industrial output. There are also great opportunities for businesses selling electronics to consumers.

If you have limited capital, it's best to focus on a specific niche within the electronics sector. However, you can expand as your budget grows.

1.7. Automobiles and spare parts

Cars sell very well in Singapore, and foreign investors can easily enter this promising market. However, a large amount of capital is needed to establish a strong presence in the automobile industry. If you have limited capital, you can start by selling car spare parts, which are also in high demand.

1.8. Cleaning services

Starting a small business in home maintenance services can be a great opportunity. Businesses and commercial establishments always need cleaning services, making them reliable customers. You can offer services such as house cleaning, office cleaning, and roof cleaning.

1.9. Tourism business in Singapore

Singapore is a top tourist hub in Southeast Asia, known for its modern infrastructure and business-friendly environment.

Open a travel business hereproviding opportunities to reach a large number of international tourists and take advantage of support policies from the government. In addition, its strategic location also makes it easy to connect with other destinations in the region, helping businesses expand their tourism services.

1.10. E-commerce business in Singapore

Singapore is a leading technology and financial hub, making it an ideal place for e-commerce growth. Its strong legal system, advanced technology, and high internet connectivity provide major advantages.

Open an e-commerce company in Singaporenot only helps businesses reach international markets but also benefit from free trade agreements and government support for digital businesses.

2. How can we help you open a company in Singapore and run it sustainably?

With extensive experience in successfully establishing companies in Singapore across various industries, GLA supports businesses with:

• Consulting and assisting in choosing the right business structure when registering in Singapore.
• Helping businesses register for the necessary business licenses.
• Providing services for hiring appointed directors and corporate secretaries.
• Offering office rental services or registered adress services in Singapore.
• Assisting with opening both physical and online bank accounts with esteemed banks.
• Supporting businesses in registering for international payment gateways like PayPal and Stripe.

3. FAQs about choosing the right business industry to pursue in Singapore

Highlights

• The 8 most popular business sectors in Singapore include agriculture, biotechnology, logistics, financial services, electronics, spare parts sales (auto repair), cleaning services, tourism and e-commerce.
• In addition to the popular sectors, many businesses find success in website design, trading and more.
• GLA provides full-package company registration services in Singapore, ensuring a fast process at an optimal cost.