Asean can be neutral platform for countries outside region to do business: Chan Chun Sing

SINGAPORE - Asean can be a neutral place for economies beyond this region to do business with each other, said Minister for Trade and Industry Chan Chun Sing on Wednesday .

The minister raised this point as he highlighted three key factors to Singapore's continued success as a global business hub."The competition that we face is not within Asean, but between Asean and other parts of the world," said Mr Chan."The more integrated the Asean region is, the more attractive it will be for others to invest here."

Another key factor to Singapore's success, said Mr Chan, is its domestic capabilities, and one important area is a collaborative business culture. One positive example has been in product development and research, he said, citing A*Star's model factory initiative. This sees established manufacturing companies coming together with A*Star to co-develop Industry 4.0 technologies.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chan Chun Sing, industry experts to discuss growth strategies at Singapore Maritime WeekSINGAPORE - Growing maritime Singapore through connectivity, innovation and talent will be the key focus of the upcoming Singapore Maritime Week 2019, the Maritime and Port Authority of Singapore (MPA) said on Tuesday (April 2).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Chan Chun Sing, industry experts to discuss growth strategies at Singapore Maritime WeekSINGAPORE - Growing maritime Singapore through connectivity, innovation and talent will be the key focus of the upcoming Singapore Maritime Week 2019, the Maritime and Port Authority of Singapore (MPA) said on Tuesday (April 2).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Singapore aims to lead the way in Industry 4.0 efforts in Asean[HANNOVER] In order for the Asean region to unlock its full potential through an Industry 4.0 transformation, collaboration among Asean member states will be key, Senior Minister of State for Trade and Industry Koh Poh Koon said on Tuesday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »