The Number of company formations in Singapore showed impressive growth in Q3, but the Asian region remains at threat from a tepid global recovery and slowing Chinese economy. Continuing the uptrend in the preceding quarter, the number of new business formations in Singapore grew by 10.3% in Q3 2015 with 17,608 new businesses being formed. The sustained growth endorses Singapore’s economic health, despite the hazy global economic conditions. This figure builds on the 9% growth posted in Q2.