Singtel in the context of Trade name

A postal, telegraph, and telephone service (or PTT) is a government agency responsible for postal mail, telegraph, and telephone services. Such monopolies existed in many countries, though not in North America, post-war Japan or Spain. Many PTTs have been partially or completely privatised in recent years, though a few, such as Posta ve Telgraf Teşkilatı of Turkey, Myanma Posts and Telecommunications of Myanmar and Tusass of Greenland, continue to remain wholly government-owned. In many of said privatisations, the privatised corporation was completely renamed, such as KPN in the Netherlands, Orange S.A. in France (+ Orange Polska in Poland), BT Group in the United Kingdom, Eir in the Republic of Ireland, Swisscom in Switzerland, Telstra in Australia, Spark in New Zealand, Proximus Group in Belgium, A1 Telekom Austria Group in Austria, TDC Group in Denmark, Telia Company in Sweden and Finland, Telenor in Norway, Chunghwa Telecom in Taiwan and Singtel in Singapore; whereas in others, the name of the privatised corporation has been only slightly modified, such as Telkom Indonesia in Indonesia, Telekom Malaysia in Malaysia, Deutsche Telekom in Germany (+ Hrvatski Telekom in Croatia and Telekom Romania Mobile in Romania), Kosovo Telecom in Kosovo, KT in South Korea, Post Luxembourg in Luxembourg and Síminn in Iceland.

The economy of Singapore is a highly developed mixed market economy with dirigiste characteristics. Singapore's economy has been consistently ranked as the most open, competitive and pro-business in the world. It is also the 3rd least corrupt in the world. Singapore has low tax-rates and the highest per-capita GDP in the world in terms of purchasing power parity (PPP). The Asia-Pacific Economic Cooperation (APEC) is headquartered in Singapore.

Alongside the business-friendly reputation for global and local privately held companies and public companies, various national state-owned enterprises play a substantial role in Singapore's economy. The sovereign wealth fund Temasek Holdings holds majority stakes in several of the nation's largest bellwether companies, such as Singapore Airlines, Singtel, ST Engineering and Mediacorp. With regard to foreign direct investment (FDI), the Singaporean economy is a major FDI outflow-financier in the world. In addition, throughout its history, Singapore has benefited from the large inward flows of FDI from global investors, financial institutions and multinational corporations (MNCs) due to its highly attractive investment climate along with a stable and conducive political environment throughout its modern years.