#singapore

GTDW FDI Trade & Supply Chain Digitalisation News

Feb 15
1 min

5 More Vietnam-Singapore Industrial Parks To Be Set Up, Says Sembcorp

Sembcorp Industries will co-establish five more industrial parks in Vietnam to the tune of US$1 billion (S$1.3 billion), the Singapore-listed energy and urban solutions provider said on Friday. This will bring to 17 the total number of Vietnam-Singapore Industrial Parks (VSIPs) with its longstanding partner, Vietnam state-owned developer Becamex IDC. A memorandum of understanding (MOU) on the latest tie-up was announced during the third and final day of an official visit by V

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GTDW FDI Trade & Supply Chain Digitalisation News

Feb 7
5 min

Feb Newsletter: APAC Economic Development, FDI, Trade & Investment

Dear Friends & Colleagues, As the Year of the Rabbit begins, we eagerly anticipate a fantastic February and the upcoming WAIPA-United Nations ESCAP Asia Pacific IPAs FDI & Investment Conference, hosted by the UN in Bangkok on the 21st and 22nd of February. Regional IPAs will exchange their experiences on promoting FDI for sustainable development and build their capacity to promote FDI in the digital economy and address climate change (Plus I have the honour of Chairing the pr

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GTDW FDI Trade & Supply Chain Digitalisation News

Feb 6
1 min

5 Best Countries to Invest in Asia in 2023

Asia is the up-and-coming destination for business and investment. The past half-century has been a turning point for much of Asia in which it has performed a complete 180-degree shift and emerged as a force to be reckoned with in several areas, like economic growth, ease of doing business, investment opportunities, affluent lifestyle, etc. Asian countries lie in the top ten of the largest economies, best passports, largest manufacturers, and the largest consumer bases in the

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Singapore's new elite visa will help lure investment, official says

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 27
1 min

Singapore's new elite visa will help lure investment, official says

City-state is competing with places such as Hong Kong, Thailand for foreign talent Singapore's new five-year visa program targeting elite talent will help the city-state lure foreign investment, a senior executive at the government's investment promotion agency said in a recent interview. This month, Singapore launched the Overseas Networks & Expertise Pass (ONE Pass) as part of a strategy to attract global professionals. It targets highly skilled individuals earning at least

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The Lure Of Singapore: Chinese Flock To ‘Asia’s Switzerland’

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 20
1 min

The Lure Of Singapore: Chinese Flock To ‘Asia’s Switzerland’

Geopolitical tension has increased the city-state’s attraction as a financial outpost and safe haven. But can it maintain its neutrality? Chinese individuals, their families, their companies, and their advisers, according to a wide range of bankers, lawyers, accountants, and investors interviewed by the Financial Times, now see Singapore as the vessel that can navigate them through a series of expected storms. At the same time, they add, it is becoming an increasingly vital p

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"Singapore", the hub of Asian startups Going through the global economic slowdown

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 6, 2022
1 min

"Singapore", the hub of Asian startups Going through the global economic slowdown

Amid the challenges of the current global economic slowdown, Singapore, the Asian startup hub, seems to have been less affected. with continued growth in fundraising Although the number of new unicorns born this year will be less. Known as the “ Silicon Valley of Asia, ” Singapore, a hub for innovation and startups, is home to over 4,000 industrial startups and 630 investors in these startups. According to data from Enterprise Singapore , the Singapore government's entrepren

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Free Report: Investing In ASEAN, 10th Edition

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 2, 2022
1 min

Free Report: Investing In ASEAN, 10th Edition

Southeast Asia has moved on from the challenges of Covid-19 and is fast re-emerging as a region that is enjoying rapid economic growth, with its rising living standards driven by substantial levels of inward investment. To celebrate its progress, a tenth edition of Investing in ASEAN has been published by Allurentis. This comprehensive review of the region looks at its exciting economic prospects and the many opportunities for international companies to enter and do business

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Singapore Follows US As Top Country For Overseas Business Expansions: New Study By Remote

GTDW FDI Trade & Supply Chain Digitalisation News

Nov 29, 2022
1 min

Singapore Follows US As Top Country For Overseas Business Expansions: New Study By Remote

The US, Singapore, Ireland, Denmark, Hungary, Luxembourg, Romania, Switzerland, Sweden and Hong Kong rank as the top ten countries in the world for global enterprise expansion, according a study by HR and payroll company Remote. Singapore also hosts a large number of start-ups, a factor behind its second place in the index, while Ireland has the highest annual economic growth rate of all countries in the top 20 (13.5%), as well as one of the lowest tax rates and a very low co

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Five countries, other than China, most dependent on the South China Sea

GTDW FDI Trade & Supply Chain Digitalisation News

Nov 25, 2022
1 min

Five countries, other than China, most dependent on the South China Sea

- An estimated $3.37 trillion worth, or 21% of all global trade, transited through the South China Sea in 2016, according to the United Nations Conference on Trade and Development. - Territorially, there are seven claimants to the South China Sea: China, Brunei, Indonesia, Malaysia, the Philippines, Taiwan and Vietnam. But to whom does the South China Sea matter most? - Analysts name the top five countries, other than China, that are most dependent on the South China Sea: Vie

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GTDW FDI Trade & Supply Chain Digitalisation News

Oct 18, 2022
1 min

Singapore Leads FDI Into Asean In 2022

The city state has become a location of choice for large highly innovative projects Singapore was the leading destination for greenfield foreign direct investment (FDI) in the first half of 2022 within the Association of Southeast Asian Nations (Asean) trade bloc, as companies continued to choose the relatively small city state for their capital intensive expansion plans. Foreign investors in Singapore announced 142 projects worth $8.2bn in the first six months of the year, f

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Singapore overtakes Hong Kong as Asia's top financial centre; 3rd in world

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 28, 2022
1 min

Singapore overtakes Hong Kong as Asia's top financial centre; 3rd in world

Singapore has overtaken Hong Kong to become Asia's top financial centre - and the third in the world after moving up three places - according to a new report that puts New York and London in the first and second spots. Hong Kong slipped to fourth place, battered by strict Covid-19 restrictions and an exodus of talent, while San Francisco moved up two spots to round out the Global Financial Centres Index's (GFCI) top five. Hong Kong is struggling to revive its role as a global

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The countries that punch above their weight when it comes to foreign direct investment

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 21, 2022
1 min

The countries that punch above their weight when it comes to foreign direct investment

Regional spotlight: Asia-Pacific - Singapore is the leading country within Asia-Pacific, ranking 12th in the index with a score of 4.9. New Zealand and Cambodia are also placed within the top 25, scoring 3.31 and 3.26, respectively. Ten of the 18 Asia-Pacific countries analysed in the index have a score above one. China, Bangladesh and Japan are the lowest-performing nations overall. The largest economies are underperforming China and the US are ranked towards the bottom of t

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SE Asian Central Banks Targeting To Link Payment Systems Within The Year

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 20, 2022
1 min

SE Asian Central Banks Targeting To Link Payment Systems Within The Year

Southeast Asian central banks are targeting to link their payment systems within the year that will let people buy goods and services throughout the region by scanning QR codes. By November, the five largest economies of Southeast Asia: the Philippines, Malaysia, Indonesia, Singapore and Thailand, will sign an agreement on the integration of their mobile payment systems. This will make cross-border transfers much more efficient without using the USD Bank Indonesia Governor Pe

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FDI: Southeast Asia Could Emerge As Clean Energy Heavyweight In Global Race To Decarbonise

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 19, 2022
1 min

FDI: Southeast Asia Could Emerge As Clean Energy Heavyweight In Global Race To Decarbonise

Southeast Asia, once regarded as a “slow starter” relative to the advanced economies in the clean energy transition, has sharpened its act and could emerge as a heavyweight in this multi-faceted race over the next decade. But if the region really wants to swing the needle on decarbonisation efforts, it should pay just as much attention to retiring its polluting fossil-fired plants, say experts. “It’s one thing to say a country will implement renewable energy, but it’s altoget

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Singapore's US$40 bil mega-port takes aim at shipping chaos

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 1, 2022
2 min

Singapore's US$40 bil mega-port takes aim at shipping chaos

As the world’s economies struggle to untangle unprecedented congestion in global supply chains, one of the world’s busiest ports is backing an ambitious modernization plan to provide solutions. Singapore is forging ahead with a US$40 billion ($55.46 billion) project to build the world’s biggest automated port by 2040 — one that will double the existing space and feature drones and driverless vehicles. The city state started operations at two new berths last year, and construc

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Top ten global FDI locations for cybersecurity

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 24, 2022
1 min

Top ten global FDI locations for cybersecurity

The past ten years have seen cybersecurity become an issue affecting both corporations and individuals, but which cities attract the most FDI in this field? Accelerated global digitalisation, particularly during the Covid-19 crisis, has led to an accompanied rise in cybercrime. Global cybersecurity revenues will see strong growth, reaching $198bn by 2025, up from $125.5bn in 2020, according to GlobalData’s thematic research team. This figure includes software, hardware and se

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What are the sweet spots in financial services FDI?

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 13, 2022
1 min

What are the sweet spots in financial services FDI?

Investment Monitor explores the leading locations, sectors and investors when it comes to attracting FDI in financial services. Financial services is a key sector within the foreign direct investment (FDI) industry, particularly when it comes to greenfield projects. Indeed, GlobalData’s FDI Projects Database tracked 1801 greenfield financial services projects, announced or opened, throughout 2019 and 2020. The vast majority of the projects were new (86.3%), followed by expans

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THE DIGITAL DECADE HAS ARRIVED IN SOUTH-EAST ASIA, AND THERE’S NO TURNING BACK!

GTDW FDI Trade & Supply Chain Digitalisation News

Nov 23, 2021
2 min

THE DIGITAL DECADE HAS ARRIVED IN SOUTH-EAST ASIA, AND THERE’S NO TURNING BACK!

Get excited: ‘The Roaring 20s’ report predicts a $1 trillion digital economy in the region by 2030. GUESS how many people began using the internet in South-east Asia this year? 10 million? Way too low. Try again. 20 million? Double that figure and you’ll be spot on. Forty million new users joined the 440 million in the region who are already online, 80% of whom are digital consumers, spending their dollars, pesos and ringgit on fashion, food, transportation, and gaming. No re

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Singapore, United Kingdom sign free trade agreement

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 10, 2020
2 min

Singapore, United Kingdom sign free trade agreement

Singapore and the United Kingdom signed a free trade agreement on Thursday (Dec 10) that will “provide continuity and certainty” for businesses in both countries, said Singapore’s Trade and Industry Minister Chan Chun Sing. The FTA was signed by Mr Chan and UK’s Secretary of State for International Trade Elizabeth Truss. The UK and European Union are currently locked in post-Brexit trade deal talks, more than 10 months after the UK left the bloc. Under the UK-Singapore FTA, c

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CBP and Singapore Customs Sign Historic Letter of Intent to Explore Single Window Connectivity

GTDW FDI Trade & Supply Chain Digitalisation News

Nov 12, 2020
2 min

CBP and Singapore Customs Sign Historic Letter of Intent to Explore Single Window Connectivity

U.S. Customs and Border Protection (CBP) and Singapore Customs signed a historic letter of intent today that will enable closer cooperation in the areas of trade facilitation, revenue protection and risk management. Executive Assistant Commissioner for the Office of Trade Brenda Smith signed the letter of intent in Washington, DC on behalf of CBP and Deputy Director-General Lim Teck Leong signed the letter of intent in Singapore on behalf of Singapore Customs. The Letter of I

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