Indian nationals settling down in Singapore due to its friendly-environment, now account for about a quarter of the total 1.79 million foreigners and permanent residents' population, a newspaper reported today.

According to a report published in The Straits Times the number of Indian nationals living in Singapore has doubled to 400,000 from 200,000 two years ago. It also reports the number of Indians setting up companies in Singapore has doubled from 1,500 in 2006 to 3,000 now, most of whom are doing businesses in the information technology, finance, trading and food and beverages sector.

Tamil, which is the fourth official language in the city country after English, Chinese and Malay, is another magnet for Indian nationals from the Southern Indian states. 

Source: (The New Indian Express(Bhuvaneswar) 21 July 2010, p.9)