The Most Successful Business in Singapore, Ranked

Choose the business you think is the most successful!

Author: Gregor Krambs
Updated on May 2, 2024 06:56
Determining which business stands out in Singapore is not only about recognizing achievement, but also about understanding the dynamic environment of the market. Rankings can provide clarity and direction for consumers, investors, and new entrepreneurs alike. They offer a snapshot of who is leading the way in innovation, customer service, and strategic growth. This site allows you to have a say in forming these rankings by casting your vote for the businesses you believe are most deserving. Your participation helps ensure that our rankings reflect the current sentiments and preferences of those most engaged with the local market. The results here are constantly updated, providing a fresh perspective on which businesses are at the forefront of Singapore's economic landscape.

What Is the Most Successful Business in Singapore?

  1. 1
    90
    votes
    DBS is the largest bank in Southeast Asia and has consistently been ranked as the most valuable bank in Singapore. It has a strong presence in markets such as Hong Kong, China, and India.
    DBS Group Holdings is a multinational banking and financial services corporation headquartered in Singapore. It operates in more than 18 markets globally, including Singapore, Hong Kong, China, India, Taiwan, and Indonesia. Established in 1968, DBS has grown to become one of the largest banks in Southeast Asia and a leading financial group in Asia.
    • Assets: Approximately SGD 660 billion (as of 2020)
    • Year of Establishment: 1968
    • Headquarters: Singapore
    • Market Presence: More than 18 markets globally
    • Industry: Banking and Financial Services
  2. 2
    17
    votes
    Singtel is the largest telecommunications company in Singapore and has a significant presence in the Asia-Pacific region. It provides a wide range of services, including mobile, broadband, and digital solutions.
    Singtel, short for Singapore Telecommunications Limited, is a leading telecommunications company in Singapore. It provides a wide range of communication services including mobile, broadband, and fixed line services to both individual and corporate customers.
    • Industry: Telecommunications
    • Headquarters: Singapore
    • Year Founded: 1879
    • Market Capitalization (2021): SGD 41.8 billion
    • Number of Subscribers (2020): 706 million
  3. 3
    15
    votes

    Singapore Airlines

    Government of Singapore
    Singapore Airlines is the flag carrier airline of Singapore and is consistently ranked as one of the best airlines in the world. It has a strong network of destinations and a reputation for excellent service.
    Singapore Airlines is a renowned full-service airline based in Singapore. Known for its exceptional service, luxurious amenities, and world-class hospitality, Singapore Airlines offers a truly premium flying experience to its passengers. The airline operates a modern fleet and flies to destinations across six continents, making it a popular choice among travelers around the globe. With its stylish cabin interiors, delectable cuisine, and state-of-the-art entertainment systems, Singapore Airlines aims to provide a truly unforgettable journey for its passengers.
    • Headquarters: Singapore
    • Founded: 1 May 1947
    • Hubs: Changi Airport
    • Frequent Flyer Program: KrisFlyer
    • Fleet Size: 147 aircraft
    Singapore Airlines in other rankings
  4. 4
    15
    votes
    Keppel Corporation
    Terence Ong · CC BY 2.5

    Keppel Corporation

    Temasek Holdings
    Keppel is a multinational conglomerate that operates in various industries such as offshore and marine, property, and infrastructure. It has a strong presence in Singapore and has expanded globally.
    Keppel Corporation is a renowned conglomerate in Singapore that operates in various industries, including offshore and marine, property, and infrastructure. It was founded in 1968 by Temasek Holdings, the Singapore government's sovereign wealth fund.
    • Industry: Conglomerate
    • Founded: 1968
    • Headquarters: Singapore
    • Founder: Temasek Holdings
    • Listed on: Singapore Exchange
  5. 5
    4
    votes
    CapitaLand is one of Asia's largest real estate companies and has a significant presence in Singapore. It develops, owns, and manages properties such as shopping malls, offices, and residential buildings.
    CapitaLand is one of the most successful real estate companies in Singapore. It is a multinational corporation specializing in real estate development, investment, and management. The company has a diverse portfolio that includes residential, commercial, and integrated developments. CapitaLand has successfully established its presence both locally and internationally.
    • Establishment Year: 2000
    • Headquarters Location: Singapore
    • Number of Employees: Over 12,000
    • Operational Presence: More than 30 countries
    • Assets under Management: S$131.9 billion (as of 2020)
  6. 6
    7
    votes

    Wilmar International

    Kuok Khoon Hong
    Wilmar is a leading agribusiness company that operates in various industries such as palm oil, sugar, and soybean. It has a strong presence in Asia and has expanded globally.
    Wilmar International is a leading agribusiness group based in Singapore. It operates in the fields of oil palm cultivation, oilseed crushing, edible oil refining, sugar milling, and refining, specialty fats, oleochemicals, biodiesel, and fertilizers. With an extensive distribution network, Wilmar has a significant presence in over 50 countries across Asia, Africa, Europe, and the Americas.
    • Founded: 1991
    • Industry: Agribusiness
    • Headquarters: Singapore
    • Revenue: US$43.2 billion (2019)
    • Employees: 90,000+
  7. 7
    11
    votes
    OCBC Bank
    Sengkang · Copyrighted free use

    OCBC Bank

    Lee Kong Chian
    OCBC is one of the largest banks in Southeast Asia and has a significant presence in Singapore. It provides a wide range of services such as wealth management, insurance, and corporate banking.
    OCBC Bank, also known as Oversea-Chinese Banking Corporation Limited, is one of the most successful banks in Singapore. It was founded by Lee Kong Chian in 1932 and has since grown to become a leading financial institution in the region.
    • Headquarters: Singapore
    • Industry: Banking and Financial Services
    • Total Assets: SGD 536 billion (as of 2020)
    • Number of Branches: 500+
    • Number of Employees: 30,000+
  8. 8
    9
    votes

    ST Engineering

    Singapore Government
    ST Engineering is a multinational engineering company that operates in various industries such as aerospace, electronics, and land systems. It has a strong presence in Singapore and has expanded globally.
    ST Engineering, also known as Singapore Technologies Engineering Ltd, is a leading global technology, defense, and engineering group headquartered in Singapore. Founded in 1967, it was initially known as Chartered Industries of Singapore (CIS). Over the years, ST Engineering has transformed into a diversified conglomerate with a strong presence in various sectors.
    • Revenue: SGD 7.87 billion (2020)
    • Employees: 23,000+
    • Business Segments: Aerospace, Electronics, Land Systems, Marine, and Others
    • Global Presence: More than 100 subsidiaries and associated companies in over 40 countries
    • Market Cap: SGD 11.5 billion (as of Jan 2022)
  9. 9
    8
    votes
    UOB is one of the largest banks in Southeast Asia and has a significant presence in Singapore. It provides a wide range of services such as personal banking, corporate banking, and wealth management.
    The UOB Group, commonly known as United Overseas Bank, is a leading financial institution in Singapore. It was founded in 1935 and has since grown to become one of the largest banks in Southeast Asia.
    • Headquarters: Singapore
    • Industry: Banking and Financial Services
    • Total Assets: SGD 405 billion (as of June 2020)
    • Number of Employees: 26,000+ (as of 2020)
    • Revenue: SGD 10.8 billion (2019)
  10. 10
    6
    votes

    Fraser and Neave

    John Fraser and David Neave
    Fraser and Neave is a conglomerate that operates in various industries such as beverages, dairies, and publishing. It has a strong presence in Singapore and has expanded globally.
    Fraser and Neave Limited, also known as F&N, is a leading consumer group in Singapore. It was founded in 1883 and has since evolved as a diversified company with business interests in food and beverage, printing and publishing, and property. F&N is well-known for its popular brands such as 100PLUS, Tiger Beer, F&N Magnolia, and many others.
    • Founding Year: 1883
    • Industry: Consumer Goods
    • Headquarters: Singapore
    • Business Segments: Food & Beverage, Printing & Publishing, Property
    • Popular Brands: 100PLUS, Tiger Beer, F&N Magnolia

Missing your favorite business?

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Ranking factors for successful business

  1. Revenue
    The amount of revenue a company generates is an important factor in determining its success. Companies with higher revenue are generally considered more successful.
  2. Profitability
    The profitability of a company is another crucial metric that helps in measuring its success. It indicates how efficiently a business is using its resources.
  3. Market share
    Companies with a larger market share are more successful than those with a smaller share. Market share indicates how well a company can compete in the industry.
  4. Brand value
    A strong brand value and reputation is important for a business as it can attract customers and help retain them.
  5. Innovation
    Companies that innovate and bring new products and services to the market are likely to be ranked higher in terms of success.
  6. Employee satisfaction
    A company's success is also reflected in the satisfaction of its employees. Businesses with happy and engaged employees tend to be more successful.
  7. Sustainability
    The extent to which a business is sustainable, environmentally friendly and socially responsible is gaining more attention in today's business world. Companies that prioritize sustainability can be viewed as more successful in the long-term.

About this ranking

This is a community-based ranking of the most successful business in Singapore. We do our best to provide fair voting, but it is not intended to be exhaustive. So if you notice something or business is missing, feel free to help improve the ranking!

Statistics

  • 2044 views
  • 182 votes
  • 10 ranked items

Voting Rules

A participant may cast an up or down vote for each business once every 24 hours. The rank of each business is then calculated from the weighted sum of all up and down votes.

More information on most successful business in singapore

Singapore is a bustling hub of business and commerce in Southeast Asia. As one of the world's leading financial centers, it is home to numerous successful businesses across various industries. The city-state's strategic location, favorable business environment, and skilled workforce have made it an attractive destination for both local and foreign investors. Some of the most successful businesses in Singapore include multinational corporations such as DBS Bank, Singtel, and Jardine Matheson, as well as homegrown companies like Creative Technology, Razer, and Grab. These businesses have achieved success through innovation, adaptability, and a strong commitment to customer satisfaction. Singapore's government has also played a significant role in fostering a supportive business environment through policies that promote entrepreneurship, foreign investment, and technology adoption. The country's pro-business policies and stable political climate have made it a top destination for startups and established companies alike. Overall, the success of businesses in Singapore can be attributed to a combination of factors, including favorable economic conditions, a skilled workforce, and a supportive government. As the country continues to evolve and grow, it is likely that many more successful businesses will emerge in the years to come.

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