Singapore is a global success story that has captivated the entire world, not just in terms of economic growth and business, but also in terms of infrastructure, technology, cleanliness, tourism, and overall social progress. It goes without saying that these factors have also contributed to Singapore’s emergence as Asia’s most preferred city for global business events. The same should continue in 2026 as per the expectations of the mainstream travel industry. Why do you think the trend will continue?
Let’s examine some of the chief factors behind the same below.
Singapore is currently Asia’s most preferred city for global business events in 2026. There are many factors contributing to the same. Let us examine some compelling reasons here:
Here are several other factors contributing to the huge appeal of Singapore for global business events in Asia.
Singapore performed admirably in the global business events category in 2025, which posted an approximate growth of 4%. Key events were held in the technology and innovation space, including Cyber Security World, Cloud Expo Asia, and the Big Data & AI World event. Other major industry events included the Singapore International Water Week, ART SG, and Food & Hotel Asia, to name a few. The city also benefited from hosting the prestigious Formula 1 Singapore Airlines Singapore Grand Prix, which led to a huge influx of tourists into the city. The HSBC SVNS Singapore and T100 Singapore were also big draws last year.
In fact, the 2025 GDP growth forecast was updated by the Singapore MTI (Ministry of Trade and Industry) to about 4%, based on robust performance in the third quarter of the fiscal year. High-growth segments like green technologies, e-commerce, and health solutions are also contributing to the rise in global events and conferences.
With steady growth in global business events and conferences in 2025, backed by soaring international visitor arrivals, Singapore is gearing up for a record year in 2026. The city is betting big on its advanced infrastructure, top-class event venues, safety, stringent laws, world-class cultural, nightlife, entertainment, and dining experiences, and excellent networking opportunities to keep the momentum going this year.
In fact, there has also been a noticeable rise in the number of serviced apartments catering to corporates and business travellers for both short and long-term stays. Other accommodation options are also abundantly available across business and premier hotels and rentals.
Going ahead, 2026 should witness Singapore building on and further consolidating its position as the foremost Asian global business hub.