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Finance Value Chain

//Finance Value Chain

Finance Value Chain

In a Channel News Asia segment, Dr Bernard Lee highlighted that Singapore should focus on developing capabilities targeted at more significant processes of the value-chain to remain competitive as a global financial hub. He added that Singapore has, to a certain extent, already launched similar strategies successfully.

As an example he cited Singapore’s role in the Oil industry. Although the city-nation does not control any Oil-producing resources, it possesses expertise focused on building rigs and refineries, which contributes as a critical part of the value chain. This type of high value-added activity allows activities based in Singapore to capture important segments of the Oil production value chain without actual production resources.

Channel News Asia – Aug 31 2012

By | 2017-05-26T08:41:25+00:00 August 31st, 2012|Uncategorized|0 Comments

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