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PRC best, PRC rocks, follow my example and life is bliss
I am trying to open your eyes, love PRC and be a loser no more
http://www.businesstimes.com.sg/sub/latest/story/0,4574,483066,00.html?
March 22, 2012, 4.11 pm (Singapore time)
66% of Singapore firms look to China for growth: survey
By EVE YEO
Singapore companies look to invest in emerging markets worldwide but are hindered by multiple barriers to entry, according to a study commissioned by Tata Communications.
The study revealed that 66 per cent of Singapore companies are looking to China for growth.
Singaporean business leaders who took part in the study also cited the lack of skilled staff and a reliable communications infrastructure, and political instability, as critical barriers for moving into emerging markets.
Growth opportunities and competitive activities overseas were found to be the biggest push for global expansion.
The research examined the experience and expectations of emerging markets as they look to build businesses beyond their home markets.
It was conducted among 1,600 business leaders from the Middle East, South Africa, Hong Kong, Singapore, India, China, France, Germany, the USA and the UK.
Singapore respondents also showed the greatest interest in global markets like Chile (21 per cent) and Mexico (19 per cent).
About half (55 per cent) of Singapore respondents indicated that they were already operating in emerging markets, with an expected increased investment in these markets by 36 per cent over the next year.
Vinod Kumar, managing director and chief executive officer of Tata Communications, said: 'It is clear that businesses are prioritising communications and digital infrastructure as a critical part of their operations. The ability to manage those communications and to ensure reliability and security requires a level of global, and in particular, emerging market experience.'
I am trying to open your eyes, love PRC and be a loser no more
http://www.businesstimes.com.sg/sub/latest/story/0,4574,483066,00.html?
March 22, 2012, 4.11 pm (Singapore time)
66% of Singapore firms look to China for growth: survey
By EVE YEO
Singapore companies look to invest in emerging markets worldwide but are hindered by multiple barriers to entry, according to a study commissioned by Tata Communications.
The study revealed that 66 per cent of Singapore companies are looking to China for growth.
Singaporean business leaders who took part in the study also cited the lack of skilled staff and a reliable communications infrastructure, and political instability, as critical barriers for moving into emerging markets.
Growth opportunities and competitive activities overseas were found to be the biggest push for global expansion.
The research examined the experience and expectations of emerging markets as they look to build businesses beyond their home markets.
It was conducted among 1,600 business leaders from the Middle East, South Africa, Hong Kong, Singapore, India, China, France, Germany, the USA and the UK.
Singapore respondents also showed the greatest interest in global markets like Chile (21 per cent) and Mexico (19 per cent).
About half (55 per cent) of Singapore respondents indicated that they were already operating in emerging markets, with an expected increased investment in these markets by 36 per cent over the next year.
Vinod Kumar, managing director and chief executive officer of Tata Communications, said: 'It is clear that businesses are prioritising communications and digital infrastructure as a critical part of their operations. The ability to manage those communications and to ensure reliability and security requires a level of global, and in particular, emerging market experience.'
