SINGAPORE: Singapore has experienced a significant decline in its standing as a prime destination for remote work, plummeting from the ninth position last year to the 28th spot this year, according to the Global Remote Work Index (GRWI) compiled by cybersecurity firm NordLayer. The survey evaluated 108 countries this year, compared to 66 in the previous assessment.
Denmark, the Netherlands, and Germany emerged as the top three countries deemed most suitable for remote working in the 2023 rankings, leaving Singapore in the 28th position. Notably, neighbouring Malaysia secured the 41st spot, Thailand the 49th, and Indonesia the 68th.
The GRWI relies on four key indicators for evaluation: network security, economic security, digital and physical infrastructure, and social security.
Singapore, hailed as a global leader in digital and physical infrastructure and e-governance, has been an attractive hub for remote work. Additionally, the city-state boasts the third position globally for tourist appeal and English proficiency, creating a welcoming environment for digital nomads.
Despite these strengths, Singapore lags in certain areas. The survey highlighted the need for improvement in inclusiveness (31st), social security (40th), and economic security (68th).
The nation’s standing in personal rights was notably low, ranking 80th and falling significantly behind other countries.
While Singapore excels in network quality and cybersecurity infrastructure, securing the fourth position globally, there is room for improvement in these domains.
Singapore’s high cost of living also played a part in the nation’s lower position, having been ranked a low 96th.
As the landscape of remote work continues to evolve, whether Singapore addresses these specific areas to maintain and enhance its appeal as a remote work destination remains to be seen.