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Unlocking international opportunities through strategic #standards! 📝 Enterprise Singapore's recent #collaboration with the Kazakhstan Institute of Standardization and Metrology marks a significant milestone. By distributing and translating #Singapore Standards, businesses in #Kazakhstan will now have enhanced access to our trusted benchmarks in the #food, #logistics, and #sustainability sectors. This alliance promises to foster stronger trade flows and open new doors for cross-border #partnerships. 🔓 Adopting these standards can position your #business as a preferred partner in international markets, ensuring compliance and quality assurance that align with global expectations. This can lead to increased trust, more business opportunities, and a stronger competitive edge. 💪🏼 Find out more about Singapore Standards and how they can elevate your #SME here 👇🏻 https://lnkd.in/gCBuuG7n 🔍 Curious to discover how aligning with Singapore Standards can drive your growth and enhance your market presence? Book a complimentary 1-to-1 business advisory session here: https://lnkd.in/g_5tassX and let SME Centre@SMF (Singapore Manufacturing Federation) explore how Singapore Standards can fuel your #global expansion. 🌎💼 #smes #smesupport #businessgrowth #sgbusiness #businessadvisory #consulting #businessstrategy #venturecapital #globaltrade #globalopportunities #economicgrowth #newmarket #crossborder #goglobal #keepgrowing #internationalisation #internationalization

Spreading Singapore #standards to help businesses #KeepGrowing. Recently, Enterprise Singapore signed an Agreement on Cooperation for Distribution and Translation of Singapore Standards with the Kazakhstan Institute of Standardization and Metrology. Under this agreement, Singapore Standards will be accessible to KazStandard for the distribution, translation, and promotion to Kazakhstan enterprises in areas such as #food, #logistics and #sustainability. This will enable more trade flows and collaboration opportunities for both countries. Find out more about Singapore Standards: https://go.gov.sg/ez12ge Singapore Standards Council

Looking to expand your business in Southeast Asia? Indonesia and Singapore are prime markets, but navigating each requires unique strategies. Discover the key insights and opportunities for success in these dynamic economies. 🚀🌏

The competitive advantage measuring the Economic Performance, Government Efficiency, Business Efficiency, & Infrastructure, IDM ranked Singapore at the top globally. However, the rest of the Southeast Asia countries were not even in the top 10, with Thailand 25th, Indonesia 27th, and Malaysia 34th. https://lnkd.in/gauXfHt8 In metaphorical jest, that explains why we always see “bluefin tuna” passing by while exaggerating mid-size grouper swam-in, sometimes accompanied by catfish. In brief, Malaysia’s economic performance & FDI competitiveness would hardly fly without settling the radical problem of continuous cost-rising caused by both macro & micro effects. 1)    Uncontrollable currency and inflation; the worst part is the human factor, in which the rookie ministers kept using the people as experimental white mice, recklessly implementing new economic policies that shifted efficiency levels. 2)    Many policies implemented are self-centric, which is asserted to benefit the country; however, the flip side is always overlooked, scaring away investors while trying to compensate with other goodies exhaustively. 3)    Still groping around with the definition of government & business efficiencies’ criteria, but neglected disregards the macro effects of its political overrun. 4)    Overfocus on skyscraper races and neglected the urgency of other infrastructure that bring business-friendly & efficiencies. #FDI #PMX #MOT #MOF

With its dynamic economies and strategic location, Southeast Asia has a high appeal and continues to attract global businesses seeking growth and expansion. Singapore and Indonesia, in particular, offer unique opportunities but also present new challenges for enterprises looking to establish a foothold in a region where the economic landscape is far from uniform. Our latest article - featuring our global experts Coco K. Liu, Amanda Chen, Yin Tong Kon, Wahyu Wibowo, HLB Indonesia and Forrest Gan - seeks to help you navigate the complexities of Southeast Asia's business environment 🌏 https://buff.ly/3U5Xr1t #DoingBusinessIn #Indonesia #Singapore #AsiaPacific #TheEconomy #CrossBorderBusiness #HLBInsights

Singapore and Vietnam strengthen their ties! In spite of the pandemic's effects, two-way trade grew by 23.3% annually to $8.3 billion in 2021 and by 10% to more than $9 billion in 2022. Key sectors such as manufacturing, real estate, and wholesale & retail trade are seeing significant investments. The financial and insurance services sectors are also emerging as strong draws for Singapore groups in Vietnam. With Vietnam’s growing middle class and rising purchasing power, there are strong opportunities in consumer goods and services. Singaporean food and retail companies are supported to accelerate their market entry into Vietnam. Last but not least, Enterprise Singapore is exploring collaborations to support Vietnamese businesses in their digital transformation journeys. Stay tuned for more updates on this exciting collaboration! Reference Sources: https://lnkd.in/gdXzY3d8 https://lnkd.in/gD8Dmi2H https://lnkd.in/gQxJrbZw See Also: Vietnam Market Entry (Part 1): An Overview of Pros and Cons https://lnkd.in/gkQVwMfZ Vietnam Market Entry: Key Legal Considerations https://lnkd.in/g4GrWSad Representative Offices of Foreign Traders - A Strategic Way for Vietnam Market Entry (Part 1): An Overview of Pros and Cons https://lnkd.in/g5X37cpm ------------ Feel free to contact me via my WhatsApp at +84 (0) 76 548 9586 (Khoa Pham) if you would need any additional information regarding market entry in Vietnam with reference to legal requirements, permits, market research and other relevant services for setting up business in Vietnam. #SingaporeVietnamPartnership #Innovation #Trade #DigitalTransformation #SEAsiaBusiness #EconomicGrowth #InvestmentOpportunities #BusinessPartnerships #Sustainability #EmergingMarkets #ManufacturingInvestment #RealEstateDevelopment #WholesaleRetailGrowth #FinancialServicesExpansion #ConsumerGoodsMarket #RetailExpansion #DigitalTransformationVietnam #SingaporeSupport #BusinessCollaboration #RCEP #CPTPP #ASEAN

🌏 Unlock Insights into the Asian Century! 🌏 Join ACC Singapore and Drew & Napier LLC for an enlightening webinar "The Asian Century: What You Need to Know About Economic Developments in Indonesia, Malaysia, Thailand, Philippines, Vietnam, and Singapore." As we navigate the complexities of the post-COVID world, the ASEAN region stands out as a focal point for economic growth, shaped by new governments, evolving geopolitics, and changing supply chains. What do these developments mean for your business strategy? In this session, our panel of legal experts from across ASEAN will delve into: ⭐ Current trends and regulatory changes ⭐ Trade agreements and investment opportunities ⭐ Impacts on business operations in a rapidly evolving landscape Meet Our Panel: Moderator: Mahesh Rai, Director, Drew & Napier LLC, Singapore Rakesh Kirpalani, Director, Drew & Napier LLC, Singapore Vincent Ariesta Lie, Partner, Makarim & Taira S., Indonesia Teo Eu John, Partner, Shearn Delamore & Co., Malaysia Manuel Z Gonzalez, Senior Partner, MVGS, Philippines John Frangos, Partner and Director, Tilleke & Gibbins, Thailand Don't miss this opportunity to gain valuable insights that could shape your business's future in this dynamic region. ACC members from around the world are welcome to join. 📅 8 November ⏰ 12:30 - 2:30pm 🔗 Register now and secure your spot! https://lnkd.in/gW3Hwm7N David Sullivan, Nathalia Lossovska, Jasmine Karimi, Julien Willème, Terry D. Thornley, Nicola Fell, Lily Tsen, Abigail Tan, Maree Myerscough, James Collison, Rita Kriz, Victoria Child #ACCSingapore #ASEAN #EconomicDevelopment #BusinessStrategy #LegalInsights #AsianCentury

Today is a special day. It's #Singapore national day and the country is celebrating 59 years of independence. Over the past six decades, Singapore has become extremely prosperous and THE key regional hub for trade and investment, despite many challenges. I think that Singapore's success can be explained by: 1/ An open culture with a focus on hard work, education & upskilling by its citizens 2/ Strong institutions and a very robust rule of law 3/ A welcoming and predictable business environment & low taxes 4/ Long term planning with a good mix of private/public sector-led investment 5/ Responsible and credible fiscal management Seems quite simple, yet so many economies fail to get their policy mix right for various reasons. I'm proud to call Singapore home, and looking forward to another 10 years! #MajulahSingapura

I posted a chart recently that showed how #Malaysia can no longer market itself as a cheap FDI country. As this chart shows, European businesses moving production much nearer to consumers. This began post Covid and accelerated over the past couple of years, primarily due to global geopolitical tensions. What are the implications for #Malaysia? It's obviously not great for any country in SE that is used to FDI. Especially Malaysia. The good news is plenty of countries want access to the growing SE Asian market place and the potential it has. So it's not all doom and gloom? Not at all. Malaysia still has a lot to offer investors. But it needs to show it has a strategy, clear and consistent communications based on strong, genuine messaging, the ability and people to build strong relationships on a foundation of trust and authenticity. Once it has a strategy, it must be more innovative with how it integrates the strategy within the #nationbranding strategy. #branding #brands #fdi

🇸🇬 Singapore becomes the most prosperous country in Southeast Asia, 2023! The Prosperity Index methodology is assessed from 12 indicators: Safety & Security, Personal Freedom, Governance, Social Capital, Investment Environment, Enterprise Conditions, Infratructure & Market Access, Economic Quality, Living Conditions, Health, Education, Natural Environment. Singapore takes the lead in Southeast Asia, ranking 17th globally with a score of 78.21, followed by Malaysia in 3rd place at rank 43 with a score of 66.84, and Indonesia in 3rd place with a rank of 63 and a score of 60.88. #SoutheastAsia #Prosperity2023 #SoutheastAsiaLeader #ProsperityIndex #GovernanceExcellence #EconomicQuality #LivingConditions #HealthEducation #NaturalEnvironment #GlobalRecognition #RegionalSuccess #ProsperityMetrics #LeadingTheWay Cr. Seasia stats As_admin