The Asian continent is one of the fastest-growing in the world, boasting huge business opportunities for companies all over the globe. Whether you’re looking to expand into Asia or you’re planning travel for employees, here are some key facts about the leading business cities in Asia:

Singapore

Singapore is ranked as one of the best cities in the world to launch a startup.

• Known for its technological readiness, it’s no surprise Singapore is home to some of the biggest Fortune 500 companies, including LinkedIn, Apple, Google and Microsoft.

• Singapore ranked highest in the Saffron City Brand Barometer 2021, as a city with the strongest brand to attract business and investors worldwide.

• Not only is Singapore a top business hub, but it’s also the cleanest country in the world and one of the richest too!

Shanghai, China

Shanghai is one of the fastest-growing destinations for business travel.

• Boasting innovative technologies and large exhibition centers, Shanghai holds the title of China’s financial center.

• Shanghai is a well-connected city with an excellent transport system. The world’s fastest train covers the 19 miles between Shanghai Pudong International Airport and central Pudong in just seven minutes.

• Recognized as a global business hub, leading industries in Shanghai include information technology, real estate and finance.

Beijing, China

As the capital of China, Beijing is considered the main hub of business in Asia.

• Beijing is China’s seat of government - home to its busiest airport, major sporting events and some of China’s biggest companies.

• A city where cutting-edge technology and artificial intelligence are the norms, Beijing is a modern city bursting with forward-thinking tech.

• Beijing has six world-class heritage sites and the largest number of cultural relics in the world - ideal for sightseeing between meetings.

Tokyo, Japan

Tokyo, the information center of Japan, is a top destination for business travelers.

• The unique metropolis is a hotspot of activity - home to Japan’s financial markets and the headquarters of leading worldwide companies.

• Tokyo is one of the most popular cities for conventions, typically hosting between 200 and 250 each year, attracting the most skilled talent.

• Tokyo ranks third, after London and New York, in the annual Global Power City Index report for the sixth consecutive year.

Hong Kong

Hong Kong is a hub of international finance and investment.

• Businesses are built to succeed in Hong Kong - in fact, businesses can usually be set up within just seven days, not weeks or months.

• With one of the lowest corporate tax rates in the world and friendly international business policies, Hong Kong is a go-to for startups across the globe.

• Hong Kong is also known as the Vertical City, for its density of skyscrapers and offices.

Seoul, South Korea

The capital of South Korea has recently been recognized as a Global Startup City.

• Home to most of South Korea’s 11 unicorns, Seoul is a thriving MICE (Meetings, Incentives, Conferences and Exhibitions) capital.

• With the Mayor of Seoul pledging to transform the city into one of the world’s top five financial hubs by 2030, the city is one to watch.

• Seoul is becoming the go-to destination for bleisure travel, providing travelers with the perfect blend of business and culture.

Bangkok, Thailand

Bangkok has long been attractive to tourists, but in recent years the city has been recognized for business.

• Bangkok is a bustling business center, with a particular focus on property, transport, retail, manufacturing and communications.

• Acknowledged as the economic hub of Thailand, Bangkok is the perfect gateway to the Asia Pacific region.

• Bangkok is a globally-recognized paradise for business events, with cutting-edge exhibition venues and diverse conference centers.

Mumbai, India

One of the most populous cities in the world, Mumbai is the commercial capital of India.

• Mumbai was recently featured as one of the world’s top international startup hubs.

• Home to the highest number of billionaires in India and the corporate headquarters of multinational businesses, banks and IT companies, the city is buzzing with opportunities.

• Mumbai is one of the wealthiest cities globally.

Bali, Indonesia

Bali is more than beautiful beaches; some even call it “Silicon Bali”.

• In recent years, Bali has developed an entrepreneurial community, quickly becoming a go-to hub for digital nomads.

• Bali is a popular destination for business, with conventions, exhibitions, meetings and events taking place all over.

• With a fast-growing networking scene, an expanding ecosystem and cheap living costs, Bali is a must for those wanting to branch into an interconnected world.

Kuala Lumpur, Malaysia

Malaysia’s capital is rising in prominence as a finance and business hub.

• The vibrant city serves as the financial, cultural and economic center of Malaysia.

• Kuala Lumpur has a stable economy, an established business infrastructure and a lower cost of living than neighboring business-savvy countries.

• Besides its dynamic business environment, Kuala Lumpur is a well-developed and modern city considered safe for business travelers.

With so many promising destinations to choose from, selecting the right city for employee business trips may be a challenge. Wherever you choose, make sure employees are safe and comfortable with reliable employee accommodation.

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