Asean
China’s Belt and Road Initiative to Stimulate Shipping
China’s Belt and Road Initiative seeks to create US$2.5 trillion of extra international trade over the next 10 years and so is an exciting prospect for a shipping industry needing stimulation, says Tim Smith, Chairman of Maersk China Limited.
Also speaking beside the Asian Logistics and Maritime Conference 2016, Ahmed Bin Sulayem of DP World expects Hong Kong to play a major role in the Initiative, a headline theme at the conference.
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Shein has websites for Singapore, Indonesia, Thailand, Vietnam, and the Philippines and has plans to create a standalone website for Malaysia too.
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Singapore
How Businesses in Singapore can Reduce Overhead Costs During the Pandemic
The government is expected to draw on S$53.7 billion (US$40 billion) from its reserves for this year and an additional S24 billion (US$17.8 billion) over the next three years to assist local companies transition into a post-pandemic business environment.
Singapore’s government has provided an array of fiscal and non-fiscal incentives to help businesses reduce their overhead costs during the pandemic.
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