Globalization has been effective in providing stimulus for multinational organizations to conduct international businesses. The area of the study of international business includes the economic policies, political systems, labor standards, environmental standards, corporate cultures, foreign exchange markets etc. This project tries to explore the above factors in the two countries, Singapore and Hong Kong for conducting international businesses. The analysis has been done in terms of the nations political and economic climate, their methods of marketing and distribution and also the labor climate in the two countries.