The Hard Work Of Sending Goods To Singapore Is A Burden Best Shared By A Knowledgeable Worldwide Cou

Despite the vast potential rewards which are available for a business in establishing

successful trading links with Singapore, there should be no doubts about what is expected of any company wishing to do business with the world's current third fastest-growing economy.

It was the opening of the Suez Canal in 1869 which first brought Singapore's potential as a trading partner to the world's leading exporters.

The country has links with the UK stretching back many centuries, having been, until 1965, a British colony. Since then, Singapore's businesses and the country's government have made great capital of its excellent strategic position, as a key stopping-off point for companies around the world seeking to establish trade links with China, and other Far Eastern countries.

This was partly why Singapore was considered one of the 'Asian tiger' economies of the last 20th and early 21st centuries, and punched well above its weight despite being only the 189th largest country in the world. It is, however, the world's third most densely populated country, and home to nearly 5.2million people.

As nearly two million of these are non-native Singaporeans one of the highest proportions of foreign residents of any country in the world - it is a very cosmopolitan country, where English is one of four officially spoken languages. In addition, the country attracts 11 million visitors every year.

Singapore's large industrial capacity was a major factor in helping the country bounce back quickly from an economic downturn in 2009 and post a 14.5 per cent economic growth rate just a year later.

Public transport is the main means of travelling around Singapore, while the country also has excellent air and sea connections with its biggest trading partners. These make it easy for goods to reach the country, and have helped create healthy competition among international shipping companies, which in turn has helped keep down the cost of postage to Singapore, no matter what the size of the consignment being sent.

The country boasts one of the largest and busiest ports in the world, through which one in five of all the shipping containers on the world's seaways pass at some point on their journey. Only Shanghai regularly has more freight traffic passing through it. Direct shipping services operate to more than 120 countries and most importantly, bring in many of the natural resources which the territory lacks, which are then used as raw materials by the country's notoriously efficient manufacturers.

by: Alan Trotter

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