Chinese digital firms can plug into region via Singapore

January 21, 2016

Singapore can be an effective launch pad for Chinese digital companies to expand into the region, says Minister for Trade and Industry (Industry) S. Iswaran. He noted yesterday that the growing middle class in Asean and the large number of new Internet users are creating opportunities for companies to target consumers through the dgital economy. About 194 million new Internet users are expected to come online in Asean by 2020, with digitisation projected to generate an annual economic impact of $625 billion by 2030.

Read Full Article: Link


Topics: ASSOCIATION OF SOUTHEAST ASIAN NATIONS (ASEAN) ELECTRONIC COMMERCE MARKET ACCESS INFORMATION AND COMMUNICATION TECHNOLOGY (ICT)

Regions: CHINA SINGAPORE EAST ASIA SOUTHEAST ASIA ASIA-PACIFIC

Authors: THE STRAITS TIMES

RTA

In Other News

APEC Leaders Debate Approach to Trade Tensions, WTO Issues at Port Moresby Summit

November 22, 2018

Leaders from 21 Asia-Pacific Economic Cooperation (APEC) economies wrapped up their annual summit this past weekend in Port Moresby, Papua New Guinea, tackling a host of subjects relating to region...READ MORE

EU, South Africa Discuss Options for Closer Economic Ties at Presidential Summit

November 22, 2018

South African leaders met with their European counterparts in Brussels for a presidential summit on 15 November to discuss future opportunities for cooperation, including on economic issues. Discus...READ MORE