Red carpet for business Enterprise Singapore, the government agency championing enterprise development since 2018, supports companies to build, innovate and globalise. The growth of Singapore as a hub for global trading and start-ups is part of its mission. International Enterprise Singapore and SPRING came together on 1 April 2018 as a single agency to form Enterprise… Continue reading Red Carpet for Business
Powered by macro-economic fundamentals Gross domestic product per capita is the highest in the Asia-Pacific region (US$65,248 in 2019); and among the highest in the world. Singapore also receives more foreign direct investment (FDI) than most of the world’s developed economies, and over 10% of total FDI inflows to Asia. FDI inflows rose to US$ 92BN in 2019,… Continue reading Powered by Macro-Economic Fundamentals
Jewel City of the East Over the last decade, as global businesses have followed the Look East policy, Singapore has emerged as the gateway to ASEAN and wider Asia, both for established top multinationals and high growth start-ups. The small island nation is a draw because of its transparent legal framework and economic and political stability. It… Continue reading Jewel City of the East
Foodies around the world love Pho Food and cuisine are an intrinsic part of Vietnamese culture and also a favourite globally. Pho, a dish with flat rice noodles in a light, meat-based broth usually accompanied by basil, lime and other extras on the side, is a traditional breakfast food of the locals and a big… Continue reading Foodies Around the World Love Pho
Rice bowl of the region With a humid tropical to temperate climate and two monsoons annually, Vietnam’s Red River Delta in the north and the Mekong River Delta in the south are the main rice growing regions. Vietnam is one of the world’s richest agricultural regions; and one of the largest exporter worldwide (along with… Continue reading The Rice Bowl of the Region
Economic big picture looks good Vietnam’s development over the past 30 years has been remarkable. Economic and political reforms launched in 1986 have spurred rapid economic growth. Between 2002 and 2018, GDP per capita increased 2.7 times, reaching over US$2,700 in 2019. In 2019, Vietnam’s economy continued to show fundamental strength and resilience, supported by… Continue reading Economic Big Picture Looks Good
Vietnam: South East Asian superstar For any international company looking for a vibrant, high potential market in Asia to invest in for sustainable growth, Vietnam is top of the list. An excellent manufacturing base, Vietnam is becoming increasingly attractive for companies looking for a China +1 strategy in the face of the US-China trade war.… Continue reading Vietnam: South East Asian Superstar
Overseas Filipinos – An Economic Lifeline There is an estimated 12 million Filipinos overseas, including Overseas Filipino Workers (OFWs). OFWs refer to Filipino citizens who are residing in foreign countries for reasons of employment. The money they send back home supports millions of households and is an economic lifeline to the country, contributing almost 10%… Continue reading Overseas Filipinos – An Economic Lifeline
Top destination on business process outsourcing The Philippines Department of Trade and Industry (DTI) defines Business Process Outsourcing (BPO) as the “delegation of service-type business processed to a third-party service provider”. The industry covers contact centers, back-office services, data transcription, animation, software development, engineering development, and game development. The Philippine BPO industry is considered one… Continue reading Top Destination for Business Process Outsourcing
Red carpet for foreign investments and remittances Philippines has a policy of attracting, promoting and welcoming productive investments from foreign individuals, partnerships, corporations, and governments, including their political subdivisions, in activities which significantly contribute to national industrialization and socio-economic development to the extent that foreign investment is allowed in such activity by the Constitution of… Continue reading Red Carpet for Foreign Investments and Remittances
