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Singapore startups still eye region for expansion possibilities

Markets with most projects include Malaysia, Indonesia, Vietnam, Thailand, and the Philippines, says ESG

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Mindy Tan

Mindy Tan

Published Mon, Dec 7, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    SOUTH-EAST Asia remains the top choice for Singapore startups and businesses as they continue to scale up their efforts despite, or perhaps because of Covid-19, given that this is an area with heightened focus as countries search for solutions and opportunities.

    International projects increased by about 25 per cent, from 360 projects in the first 10 months of 2018 to about 450 projects in the same period in 2020. Markets with the highest number of projects include Malaysia, Indonesia, Vietnam, Thailand, and the Philippines said Enterprise Singapore's (ESG) assistant chief executive officer, Tan Soon Kim in an interview with The Business Times.

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