Singapore tech companies still flocking Down Under
Australia's unique positioning as a springboard for both the rest of Asia and a testbed for 'mature and western markets' among reasons cited
Singapore
SINGAPOREAN companies, especially those in the tech sector, are flocking to Australia in larger numbers despite pandemic disruption and the fact that Australia does not necessarily come to mind when surveying the international landscape.
According to Enterprise Singapore's (ESG) global markets director, North-east Asia & Oceania, Eugene Toh, the Infocomm & Tech (ICT) and media sector has been one of the top sectors among Singapore companies leveraging Enterprise Singapore's support to make their first foray into Australia.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Middle East-linked energy supply shocks put Asean Power Grid back in focus
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?