NOVEMBERASIA BUSINESS OUTLOOK4 Vol 01 · Issue 2 - 1 · NOVEMBER, 2022 Publisher Alok Chaturvedi Managing Editor Emmanuel Chiristi Das Asst. Editor Heena Kousar Editorial Avinash Barik Hima P M Samatha SP Manager - DesignPrabhu Dutta A.R.N RayEditorial queries editor@asiabusinessoutlook.comSales Team Vinson Raj Ezekiah S. EdwardG Krishna S ShajilalAkshay Pratap SinghTo subscribeVisit www.asiabusinessoutlook.com/subscribe/ or send emailto subscription@asiabusinessoutlook.comMagazine Price is $50 per issue.Editor Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 Biz Print Media Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. Designer Tushar DasGM Sales and Marketing Nagendra Kumar KCirculation Manager P MagendranEditorialOne of the most open economies in the world is that of Singapore. It boasts the greatest trade to GDP ratio in the world, with total trade exceeding GDP. This is a reflection of the nation's function as an oil and gas hub, a trading port, and a participant in regional supply chains, all of which have over time resulted in a large rise in the trade of intermediate commodities. The nation serves as a regional hub for logistics firms and, thanks to its first-rate infrastructure and connectivity, aids in accelerating businesses' access to the global market. The nation ranks third for logistics proficiency in the world according to the World Bank's Logistics Performance Index (LPI) 2018, which places it at 7th position. Due to its status as a regional hub, the nation attracts manufacturers who may benefit from the ecosystem of top shippers and third-party logistics companies (3PLs) there. To manage their local and international supply networks, manufacturing businesses based their supply chain command posts and distribution hubs in Singapore.Singapore's port is acknowledged as the world's busiest centre for container transshipment. With connections to more than 600 ports in more than 120 nations, the strategically located nation acts as a gateway to ASEAN nations and the rest of the world. The maritime industry has grown over the past few years because to the superior quality and services, world-class infrastructure, and ongoing R&D efforts.Asia's leading position in the logistics industry could be explained mostly because of the importance of the region in supplying most of the necessary trade goods globally and Singapore is at the centre of it. Emmanuel Christi DasManaging Editoreditor@asiabusinessoutlook.comAsia's Foot & Wheels
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