🇸🇬 Foreign ownership of Singaporean brands
26.4% of the 53 Singaporean brands with a controlling owner (14) are owned by a company headquartered outside Singapore, most often in Malaysia, Japan and China. That ranks 25 of 94 countries analysed.
Which countries own them
| Owner headquartered in | Brands | Share of foreign-owned | Bar |
|---|---|---|---|
| 🇲🇾 Malaysia | 3 | 21.4% | |
| 🇯🇵 Japan | 2 | 14.3% | |
| 🇨🇳 China | 1 | 7.1% | |
| 🇫🇷 France | 1 | 7.1% | |
| 🇬🇧 United Kingdom | 1 | 7.1% | |
| 🇭🇰 Hong Kong | 1 | 7.1% | |
| 🇮🇩 Indonesia | 1 | 7.1% | |
| 🇮🇳 India | 1 | 7.1% | |
| 🇳🇱 Netherlands | 1 | 7.1% | |
| 🇹🇭 Thailand | 1 | 7.1% | |
| 🇺🇸 United States | 1 | 7.1% |
Largest foreign owners
| Owner | Headquarters | Singaporean brands owned |
|---|---|---|
| Genting | 🇲🇾 Malaysia | 3 |
| Accor | 🇫🇷 France | 1 |
| AIA | 🇭🇰 Hong Kong | 1 |
| Booking Holdings | 🇺🇸 United States | 1 |
| Heineken | 🇳🇱 Netherlands | 1 |
| LIC of India | 🇮🇳 India | 1 |
| Samudera Indonesia | 🇮🇩 Indonesia | 1 |
| Standard Chartered | 🇬🇧 United Kingdom | 1 |
| Sumitomo Life | 🇯🇵 Japan | 1 |
| Thoresen Thai Agencies | 🇹🇭 Thailand | 1 |
Where foreign ownership is highest
Top-level categories with at least 5 Singaporean brands that have a controlling owner.
| Category | Brands | Foreign-owned | Share |
|---|---|---|---|
| Finance & insurance | 15 | 5 | 33.3% |
| Travel & transport | 19 | 4 | 21.1% |
| Internet & digital | 13 | 2 | 15.4% |
Examples
- AIA Singapore owned by AIA
- Adventure Cove Waterpark owned by Genting
- Agoda owned by Booking Holdings
- Life Insurance Corporation (Singapore) owned by LIC of India
- Raffles owned by Accor
- Resorts World Sentosa owned by Genting
- Samudera Shipping Line owned by Samudera Indonesia
- Singapore Oceanarium owned by Genting
- Singlife owned by Sumitomo Life
- Thoresen Shipping owned by Thoresen Thai Agencies
- Tiger owned by Heineken
- Tokio Marine Asia owned by Tokio Marine
How this is computed
Of 55 Singaporean brands recorded, 53 have a current controlling owner (outright or a stake of 50% or more, followed up to the ultimate parent). The other 2 are licensed, part-owned or lack a current owner and are left out. A brand is foreign-owned when that ultimate parent is headquartered in a different country from the brand's origin. Data as of . Method and ranking for all countries.
Coverage caveat. The brands tracked skew towards those held by large filing companies, so this overstates foreign ownership relative to every brand in the country. See also the Singapore country page.