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Germany,Singapore : Collaborations urged between Singapore and German SMEs
Publish Date : 04-Jul-2012
Small and medium-sized enterprises (SMEs) from Singapore and Germany can benefit by forming partnerships to expand into Asia, a forum heard on Tuesday.
Singapore offers an ideal location in the heart of the region while bosses here can learn from the expertise of German companies in areas like precision engineering, environmental technology and medical technology.
Mr Philip Yeo, chairman of Spring Singapore, told the German-Singapore Business Forum (GSBF) on Tuesday: \'Both countries promote innovation and productivity as key drivers for growth and are leading economies within the Europe and South-east Asia regions respectively.\'
Mr Yeo, who is also co-chair of the GSBF, added that \'Singaporean SMEs are well placed to be key partners to German Mittelstand looking to expand into the region.\'
