Here's a look at how Singapore companies are making inroads in the world’s largest economy. Read more at straitstimes.com.
While Singapore companies in financial technology, biomedical sciences, sustainability and renewable energy are well-placed to compete in the US, F&B brands are also savouring success there.
Mr Clarence Hoe, EnterpriseSG executive director for the Americas and Europe, said that the Covid-19 pandemic prompted some companies to look at markets that were farther away.Killiney Kopitiam’s outpost in Palo Alto, California, has something that its Singapore outlets do not have – outdoor heat lamps, for al fresco dining when the weather turns cold.
Despite recent risks like the Silicon Valley Bank collapse and a drop in venture capital funding, Singapore fintech start-ups entering the United States say that expanding there is worth it for the access to a large market, talent, and financial institutions.
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