The port industry is a unique business because instead of trying to defeat your competitors in other cities, there is a focus on developing those very locations. This is to improve the connectivity of trade routes and ensure the smoother movement of cargo, said Mr Ong Kim Pong, PSA's chief executive for South-east Asia.
Competition in the port industry is international. There are two basic categories - hinterland ports and transshipment hubs like Singapore.Enjoy unlimited access to ST's best work Subscribe Now
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessTimes - 🏆 15. / 51 Read more »