SlideShare a Scribd company logo
1 of 3
Download to read offline
SYNERGY
BILATERAL
“THE EASY WAY TO SUCCESS IN ASIA”
SINGAPORE
FINANCIAL, BUSINESS, TRADE AND LOGISTICS CENTRE
Singapore is an extremely fast evolving city-state in the heart of Asia, which is continuously driven forward
by innovation and progressive thinking. Singapore was built and still stands on firm foundations of trust,
knowing, strategic position and life quality, which allow it to create favourable and safe business environ-
ment and become the gateway for everyone, who wants to extend their business not only to Asia, but to the
whole world. Strategic position between the East and West helped Singapore to become a prominent busi-
ness, trade, financial and logistics centre with an international reputation that offers companies worldwide a
platform to grow their business globally.
Expand to new markets with Synergy Bilateral
Synergy Bilateral is a Singaporean company that was established in order to provide opportunities and solu-
tions in a dynamic world full of economic, financial or technological changes, formations of new economic
blocs, but also world full of interesting business opportunities in particular.
Synergy Bilateral is a“synergy”of four individual,but at the same time strongly connected platforms: Synergy
Projects, Synergy Technologies, Synergy Trade and Synergy Finance.
Working with major Asian financial and business centres of Singapore, Hong Kong and Tokyo, as well as work-
ing with an extensive and solid network of already developed contacts in the Central and Eastern Europe (co-
owners of Synergy Bilateral are also from CEE), allows us to be The experts and to specialize in the complex
business development between ASEAN countries, China and Japan on one side, and the European Union on
the other side.
Thanks to our broad base of personal contacts and relationships, experience and references, as well as our
effort to become a connection of businesses between the attractive regions of Europe and Asia-Pacific region,
we are able to create specialized teams of experts for each business and investment project from a wide
range of interests.
Synergy Bilateral acts as a local partner, as well as a ”business hub” for companies within the regions men-
tioned above, shares its expertise, experience and robust network of contacts, and provides them access to
more than 2 billion new partners, customers or clients from highly potential market of Asia. We place enor-
mous emphasis on time, risk and expenses reduction for our partners and clients, and help them to overcome
eventual cultural and communication barriers.
Partnership and cooperation with us will provide you complex business development solutions that are nec-
essary in order to establish and develop successful business in Asia.
		 www.synergybilateral.com.sg	 Russia | Singapore | China | Hong Kong | ASEAN		
			
SYNERGY
BILATERAL
FINANCIAL HUB
Being home to more than 500 financial institutions (including world banks,
insurance companies, and investment funds), naturally makes the development
and running of a business easier, as well as it provides comfortable access to
financing. Ranked fourth among 83 global financial hubs, Singapore is the
largest corporate banking centre in Asia.
Due to the low cost of financing, many companies have also set up financial
and treasury centres in Singapore to lend for subsidiaries globally.Total volume
of loans of domestic banking units in 2014 was about 430 billion USD, out of
which loans to business volume was about 300 billion USD.
The huge number of banks also presents loan syndication as aviable financing
option allowing companies to tap into the diverse range of well-capitalised
Asian banks for funding. The volume of loan syndication reached US $60.5
billion in 2014.
Capital financing is also an attractive option, with the Singapore Exchange
(SGX) being Asia’s most internationalised exchange. In particular, companies of
36 commodities are listed on SGX, with a total market capitalisation of more
than US$50 billion.
BUSINESS HUB
Trust is a keyword of business, as well as of everyday life in Singapore. Trust,
together with rules set by the state up to the highest standards, brought
Singapore to the foremost position in matters such as transparency, pro-busi-
ness orientation and high-level functioning of legislation. Thanks to this fact,
Singapore has also been rated as the “World’s easiest place to do business“ in
the long term.
More than 7,000 multinational corporations (MNCs) have been set up here,
out of which more than half use Singapore as their regional headquarters.
Business in Singapore is also supported by various international agreements
that have been signed by countries such as USA, Japan, Australia, China, India,
South Korea, etc.
SYNERGY
BILATERAL www.synergybilateral.com.sg	 Russia | Singapore | China | Hongo Kng | ASEAN		
			
TRADING HUB
By 2020, Asia is expected to account for 60% of global trade flows, shifting the
focus away from Europe and North America. Strategically located at the heart
of Asia, Singapore is right in the middle of key trade flows from Europe, US,
Middle East, Australia and Asia which will further strengthen its position as a
global trading hub.
Many global trading companies have relocated some of their most vital opera-
tions such as global shipping and trade finance to Singapore. With the upward
trend in trade volumes, their Singapore offices are expanding into regional or
strategic headquarters, performing significant services such as finance & treas-
ury, risk management, freight & logistics management, business development
and global procurement & marketing.
Robust Trade Ecosystem - Singapore’s large cluster of trading firms across the
energy, agro commodities and metal & mineral sectors, isunder-girded by a
strong ecosystem of trade services in finance, risk management, insurance, ar-
bitration and logistics.
SYNERGY BILATERAL HEADQUARTERS IN SINGAPORE
www.synergybilateral.com.sg	 Russia | Singapore | China | Hong Kong | ASEAN		
			
SYNERGY
BILATERAL
LOGISTICS HUB
Thanks to advantageous geographical position, which provides easy
access to fast growing markets of ASEAN, China, or India, Singapore is a
very important sea-air transport hub. It is directly connected about 600
ports in 123 countries of the world, with cca 6000 logistic companies
offering their services within its territory. Changi International Airport is a
significant transport hub for passengers and cargo, linked to 280 cities in
about 60 countries worldwide.
INFOCOMM HUB
Singapore’s infocomm services industry is well-positioned to tap into the
new business opportunities of the digital age. An early mover in info-
comm technology, Singapore today ranks as the second most network-
ready country in the world and the first in Asia. Singapore’s infocomm
industry revenues grew to reach S$167.05 billion in 2014 (it is about
100% growth comparing to year 2010 (S$82.84 billion).
Aside from excellent infrastructure, IT companies are drawn to Singapore
because of its robust intellectual property protection regime, good physi-
cal and trade connectivity, and easy access to more than 143,000 IT pro-
fessionals in Singapore. As Asia becomes the next driver of demand and
innovations, Singapore offers an advantageous position in order to help
IT service companies better understand and meet the needs of partners,
clients and consumers across Asia and beyond.
76
AVOIDANCE OF DOUBLE TAXA-
TION AGREEMENTS
Reduce tax burdens in repatriating profits
42
21
INVESTMENT QUARANTEE
AGREEMENTS
Protect investments in politically volatile countries
FREE TRADE AGREEMENTSWITH
32 TRADING PARTNERS
Ease market access
Singapore is home to more than 80 of the top 100
software and services companies
4 of the world’s top 5 Electronics Manufacturing
Services (EMS) providers manufacture in Singapore
Ranked as Asia’s most network-ready country
Ranked 8th in the world on the Global
Singapore is the Asian home to the top global commodi-
ties players
AGRI-COMMODITIES
Asia Pacific hub for grains,
palm oil and sugars World
pricing hub for rubber
ENERGY & CHEMICALS
Largest oil trading hub
and pricing centre in Asia
METALS & MINERALS
Key hub for base metals,
iron ore and coal
SKILLED TECHTALENT
Singapore is home to more than 146,000 infocomm pro-
fessionals, with a wide range of training and development
opportunities
National infocomm competency
framework (NICF)
Continual Education Training Centres
to develop and launch NICF accredited
courses in areas such as strategic IT risk
managment and enterprise business
analytics.
Corporate partners for professional
development
Centres of Attachment and Company-
led Training Programme to equip both
young and experienced tech talent with
expertise to take on higher-value ICT
roles.
VIBRANT TECH INDUSTRY&STARTUP ECOSYSTEM
Key IDA initiatives - IDA Labs, Accreditation and Accelera-
tor - to boost tech ecosystem
$1.7
billion
Startup investment
in venture capitalists’ funding for
Singapore-based technology compa-
nies in 2013.
IDA Labs
support the collaboration of individu-
als, companies and government agen-
cies to generate innovative IP from
ideation to productisation.
Accelerators
are to build high growth Singapore-
based tech product startups.
Accreditation @ IDA
aims to help innovative product
startups build their credentials as
qualified vendors to government
andlarge enterprise buyers.

More Related Content

What's hot

ite_qatar_brochure_eng
ite_qatar_brochure_engite_qatar_brochure_eng
ite_qatar_brochure_eng
Menna Elsalhy
 
GTDW2014 Final Programme 27-29 Oct Dubai 2014
GTDW2014 Final Programme 27-29 Oct Dubai 2014GTDW2014 Final Programme 27-29 Oct Dubai 2014
GTDW2014 Final Programme 27-29 Oct Dubai 2014
Samer Shoukry
 
AFF2016_6P_Brochure_EN_04-2015
AFF2016_6P_Brochure_EN_04-2015AFF2016_6P_Brochure_EN_04-2015
AFF2016_6P_Brochure_EN_04-2015
Jarrett Ho
 
GTR Sibos 2013 MENA Snapshot
GTR Sibos 2013 MENA SnapshotGTR Sibos 2013 MENA Snapshot
GTR Sibos 2013 MENA Snapshot
benpoolewriter
 
GTR Asia Supplement 2013 - Japan feature
GTR Asia Supplement 2013 - Japan featureGTR Asia Supplement 2013 - Japan feature
GTR Asia Supplement 2013 - Japan feature
benpoolewriter
 
Treasury Consulting LLP - January 2017 Newsletter
Treasury Consulting LLP - January 2017 NewsletterTreasury Consulting LLP - January 2017 Newsletter
Treasury Consulting LLP - January 2017 Newsletter
Rahul Magan,MBA Finance
 
Investment_Attraction_Strategy_2016-2019 (1)
Investment_Attraction_Strategy_2016-2019 (1)Investment_Attraction_Strategy_2016-2019 (1)
Investment_Attraction_Strategy_2016-2019 (1)
Kwabena Ansah
 

What's hot (20)

WBAF Annual Angel Investment Conference 2018
WBAF Annual Angel Investment Conference 2018WBAF Annual Angel Investment Conference 2018
WBAF Annual Angel Investment Conference 2018
 
Building innovation ecosystems: opportunities for partnerships between africa...
Building innovation ecosystems: opportunities for partnerships between africa...Building innovation ecosystems: opportunities for partnerships between africa...
Building innovation ecosystems: opportunities for partnerships between africa...
 
ite_qatar_brochure_eng
ite_qatar_brochure_engite_qatar_brochure_eng
ite_qatar_brochure_eng
 
GTDW2014 Final Programme 27-29 Oct Dubai 2014
GTDW2014 Final Programme 27-29 Oct Dubai 2014GTDW2014 Final Programme 27-29 Oct Dubai 2014
GTDW2014 Final Programme 27-29 Oct Dubai 2014
 
Business setup in dubai
Business setup in dubaiBusiness setup in dubai
Business setup in dubai
 
LSP Africa China Henan Guoji SA Property Developments
LSP Africa China Henan Guoji SA Property DevelopmentsLSP Africa China Henan Guoji SA Property Developments
LSP Africa China Henan Guoji SA Property Developments
 
Sourajit Aiyer - South Asian Federation of Exchanges, Pakistan - Triggers Tha...
Sourajit Aiyer - South Asian Federation of Exchanges, Pakistan - Triggers Tha...Sourajit Aiyer - South Asian Federation of Exchanges, Pakistan - Triggers Tha...
Sourajit Aiyer - South Asian Federation of Exchanges, Pakistan - Triggers Tha...
 
The_ACIF_2016_Brochure
The_ACIF_2016_BrochureThe_ACIF_2016_Brochure
The_ACIF_2016_Brochure
 
Leeds City Region Prospectus
Leeds City Region ProspectusLeeds City Region Prospectus
Leeds City Region Prospectus
 
AFF2016_6P_Brochure_EN_04-2015
AFF2016_6P_Brochure_EN_04-2015AFF2016_6P_Brochure_EN_04-2015
AFF2016_6P_Brochure_EN_04-2015
 
GTR Sibos 2013 MENA Snapshot
GTR Sibos 2013 MENA SnapshotGTR Sibos 2013 MENA Snapshot
GTR Sibos 2013 MENA Snapshot
 
GTR Asia Supplement 2013 - Japan feature
GTR Asia Supplement 2013 - Japan featureGTR Asia Supplement 2013 - Japan feature
GTR Asia Supplement 2013 - Japan feature
 
Treasury Consulting LLP - January 2017 Newsletter
Treasury Consulting LLP - January 2017 NewsletterTreasury Consulting LLP - January 2017 Newsletter
Treasury Consulting LLP - January 2017 Newsletter
 
Global Trade Development Week
Global Trade Development Week Global Trade Development Week
Global Trade Development Week
 
Ne base 09 april 2018 energy news issue 1157 by khaled al awadi-compressed
Ne base 09 april 2018 energy news issue   1157  by khaled al awadi-compressedNe base 09 april 2018 energy news issue   1157  by khaled al awadi-compressed
Ne base 09 april 2018 energy news issue 1157 by khaled al awadi-compressed
 
Dubai Chamber Annual Report 2019
Dubai Chamber Annual Report 2019Dubai Chamber Annual Report 2019
Dubai Chamber Annual Report 2019
 
Dubai Chamber 2018 - Annual Performance highlights
Dubai Chamber 2018 - Annual Performance highlightsDubai Chamber 2018 - Annual Performance highlights
Dubai Chamber 2018 - Annual Performance highlights
 
SME Export Day 2017
SME Export Day 2017SME Export Day 2017
SME Export Day 2017
 
Guide to Investment: Republic of Tatarstan
Guide to Investment: Republic of TatarstanGuide to Investment: Republic of Tatarstan
Guide to Investment: Republic of Tatarstan
 
Investment_Attraction_Strategy_2016-2019 (1)
Investment_Attraction_Strategy_2016-2019 (1)Investment_Attraction_Strategy_2016-2019 (1)
Investment_Attraction_Strategy_2016-2019 (1)
 

Similar to SB_Singapore

Corporate MAs and Cross Border Transactions Summit.VF
Corporate MAs and Cross  Border Transactions Summit.VFCorporate MAs and Cross  Border Transactions Summit.VF
Corporate MAs and Cross Border Transactions Summit.VF
Karine Artus
 
RSM - European CEO Winter 2015
RSM - European CEO Winter 2015RSM - European CEO Winter 2015
RSM - European CEO Winter 2015
Jean Stephens
 
DST 1st Industry Thought Leadership Dinner Brochure
DST 1st Industry Thought Leadership Dinner BrochureDST 1st Industry Thought Leadership Dinner Brochure
DST 1st Industry Thought Leadership Dinner Brochure
Stephan J Lamprecht
 
Singapore Airline Pest Analysis
Singapore Airline Pest AnalysisSingapore Airline Pest Analysis
Singapore Airline Pest Analysis
Emily Jones
 
21331604 pest-singapore
21331604 pest-singapore21331604 pest-singapore
21331604 pest-singapore
karthiknat
 
5CGroup-Corporate Presentation
5CGroup-Corporate Presentation5CGroup-Corporate Presentation
5CGroup-Corporate Presentation
Jonathan Zhang
 

Similar to SB_Singapore (20)

SB_SERVICES
SB_SERVICESSB_SERVICES
SB_SERVICES
 
HFZA_BROCHURE_DOWNLOAD.pdf
HFZA_BROCHURE_DOWNLOAD.pdfHFZA_BROCHURE_DOWNLOAD.pdf
HFZA_BROCHURE_DOWNLOAD.pdf
 
S fw fin_booklet_fa_20190930
S fw fin_booklet_fa_20190930S fw fin_booklet_fa_20190930
S fw fin_booklet_fa_20190930
 
SSCG Consulting US - Corporate Profile
SSCG Consulting US - Corporate ProfileSSCG Consulting US - Corporate Profile
SSCG Consulting US - Corporate Profile
 
SSCG Consulting US - Corporate Profile
SSCG Consulting US - Corporate ProfileSSCG Consulting US - Corporate Profile
SSCG Consulting US - Corporate Profile
 
Opalesque Singapore Roundtable, November 2016
Opalesque Singapore Roundtable, November 2016Opalesque Singapore Roundtable, November 2016
Opalesque Singapore Roundtable, November 2016
 
I Business - Aviation
I Business - AviationI Business - Aviation
I Business - Aviation
 
Papirfly Singapore
Papirfly SingaporePapirfly Singapore
Papirfly Singapore
 
AFSUHAM & Company Brochure
AFSUHAM & Company BrochureAFSUHAM & Company Brochure
AFSUHAM & Company Brochure
 
5CGroup_Eng_Fed 2rd
5CGroup_Eng_Fed 2rd5CGroup_Eng_Fed 2rd
5CGroup_Eng_Fed 2rd
 
Linedata Investment Management Solutions
Linedata Investment Management SolutionsLinedata Investment Management Solutions
Linedata Investment Management Solutions
 
Corporate MAs and Cross Border Transactions Summit.VF
Corporate MAs and Cross  Border Transactions Summit.VFCorporate MAs and Cross  Border Transactions Summit.VF
Corporate MAs and Cross Border Transactions Summit.VF
 
RSM - European CEO Winter 2015
RSM - European CEO Winter 2015RSM - European CEO Winter 2015
RSM - European CEO Winter 2015
 
DST 1st Industry Thought Leadership Dinner Brochure
DST 1st Industry Thought Leadership Dinner BrochureDST 1st Industry Thought Leadership Dinner Brochure
DST 1st Industry Thought Leadership Dinner Brochure
 
IMAP Expands its Foothold in Asia
IMAP Expands its Foothold in AsiaIMAP Expands its Foothold in Asia
IMAP Expands its Foothold in Asia
 
Singapore Airline Pest Analysis
Singapore Airline Pest AnalysisSingapore Airline Pest Analysis
Singapore Airline Pest Analysis
 
21331604 pest-singapore
21331604 pest-singapore21331604 pest-singapore
21331604 pest-singapore
 
Dealstreetasia Partnership Kit
Dealstreetasia Partnership KitDealstreetasia Partnership Kit
Dealstreetasia Partnership Kit
 
UK – AFRICA SME TRADE & INVESTMENT CONFERENCE 2015
UK – AFRICA SME TRADE & INVESTMENT CONFERENCE 2015UK – AFRICA SME TRADE & INVESTMENT CONFERENCE 2015
UK – AFRICA SME TRADE & INVESTMENT CONFERENCE 2015
 
5CGroup-Corporate Presentation
5CGroup-Corporate Presentation5CGroup-Corporate Presentation
5CGroup-Corporate Presentation
 

SB_Singapore

  • 1. SYNERGY BILATERAL “THE EASY WAY TO SUCCESS IN ASIA” SINGAPORE FINANCIAL, BUSINESS, TRADE AND LOGISTICS CENTRE Singapore is an extremely fast evolving city-state in the heart of Asia, which is continuously driven forward by innovation and progressive thinking. Singapore was built and still stands on firm foundations of trust, knowing, strategic position and life quality, which allow it to create favourable and safe business environ- ment and become the gateway for everyone, who wants to extend their business not only to Asia, but to the whole world. Strategic position between the East and West helped Singapore to become a prominent busi- ness, trade, financial and logistics centre with an international reputation that offers companies worldwide a platform to grow their business globally. Expand to new markets with Synergy Bilateral Synergy Bilateral is a Singaporean company that was established in order to provide opportunities and solu- tions in a dynamic world full of economic, financial or technological changes, formations of new economic blocs, but also world full of interesting business opportunities in particular. Synergy Bilateral is a“synergy”of four individual,but at the same time strongly connected platforms: Synergy Projects, Synergy Technologies, Synergy Trade and Synergy Finance. Working with major Asian financial and business centres of Singapore, Hong Kong and Tokyo, as well as work- ing with an extensive and solid network of already developed contacts in the Central and Eastern Europe (co- owners of Synergy Bilateral are also from CEE), allows us to be The experts and to specialize in the complex business development between ASEAN countries, China and Japan on one side, and the European Union on the other side. Thanks to our broad base of personal contacts and relationships, experience and references, as well as our effort to become a connection of businesses between the attractive regions of Europe and Asia-Pacific region, we are able to create specialized teams of experts for each business and investment project from a wide range of interests. Synergy Bilateral acts as a local partner, as well as a ”business hub” for companies within the regions men- tioned above, shares its expertise, experience and robust network of contacts, and provides them access to more than 2 billion new partners, customers or clients from highly potential market of Asia. We place enor- mous emphasis on time, risk and expenses reduction for our partners and clients, and help them to overcome eventual cultural and communication barriers. Partnership and cooperation with us will provide you complex business development solutions that are nec- essary in order to establish and develop successful business in Asia. www.synergybilateral.com.sg Russia | Singapore | China | Hong Kong | ASEAN SYNERGY BILATERAL
  • 2. FINANCIAL HUB Being home to more than 500 financial institutions (including world banks, insurance companies, and investment funds), naturally makes the development and running of a business easier, as well as it provides comfortable access to financing. Ranked fourth among 83 global financial hubs, Singapore is the largest corporate banking centre in Asia. Due to the low cost of financing, many companies have also set up financial and treasury centres in Singapore to lend for subsidiaries globally.Total volume of loans of domestic banking units in 2014 was about 430 billion USD, out of which loans to business volume was about 300 billion USD. The huge number of banks also presents loan syndication as aviable financing option allowing companies to tap into the diverse range of well-capitalised Asian banks for funding. The volume of loan syndication reached US $60.5 billion in 2014. Capital financing is also an attractive option, with the Singapore Exchange (SGX) being Asia’s most internationalised exchange. In particular, companies of 36 commodities are listed on SGX, with a total market capitalisation of more than US$50 billion. BUSINESS HUB Trust is a keyword of business, as well as of everyday life in Singapore. Trust, together with rules set by the state up to the highest standards, brought Singapore to the foremost position in matters such as transparency, pro-busi- ness orientation and high-level functioning of legislation. Thanks to this fact, Singapore has also been rated as the “World’s easiest place to do business“ in the long term. More than 7,000 multinational corporations (MNCs) have been set up here, out of which more than half use Singapore as their regional headquarters. Business in Singapore is also supported by various international agreements that have been signed by countries such as USA, Japan, Australia, China, India, South Korea, etc. SYNERGY BILATERAL www.synergybilateral.com.sg Russia | Singapore | China | Hongo Kng | ASEAN TRADING HUB By 2020, Asia is expected to account for 60% of global trade flows, shifting the focus away from Europe and North America. Strategically located at the heart of Asia, Singapore is right in the middle of key trade flows from Europe, US, Middle East, Australia and Asia which will further strengthen its position as a global trading hub. Many global trading companies have relocated some of their most vital opera- tions such as global shipping and trade finance to Singapore. With the upward trend in trade volumes, their Singapore offices are expanding into regional or strategic headquarters, performing significant services such as finance & treas- ury, risk management, freight & logistics management, business development and global procurement & marketing. Robust Trade Ecosystem - Singapore’s large cluster of trading firms across the energy, agro commodities and metal & mineral sectors, isunder-girded by a strong ecosystem of trade services in finance, risk management, insurance, ar- bitration and logistics. SYNERGY BILATERAL HEADQUARTERS IN SINGAPORE
  • 3. www.synergybilateral.com.sg Russia | Singapore | China | Hong Kong | ASEAN SYNERGY BILATERAL LOGISTICS HUB Thanks to advantageous geographical position, which provides easy access to fast growing markets of ASEAN, China, or India, Singapore is a very important sea-air transport hub. It is directly connected about 600 ports in 123 countries of the world, with cca 6000 logistic companies offering their services within its territory. Changi International Airport is a significant transport hub for passengers and cargo, linked to 280 cities in about 60 countries worldwide. INFOCOMM HUB Singapore’s infocomm services industry is well-positioned to tap into the new business opportunities of the digital age. An early mover in info- comm technology, Singapore today ranks as the second most network- ready country in the world and the first in Asia. Singapore’s infocomm industry revenues grew to reach S$167.05 billion in 2014 (it is about 100% growth comparing to year 2010 (S$82.84 billion). Aside from excellent infrastructure, IT companies are drawn to Singapore because of its robust intellectual property protection regime, good physi- cal and trade connectivity, and easy access to more than 143,000 IT pro- fessionals in Singapore. As Asia becomes the next driver of demand and innovations, Singapore offers an advantageous position in order to help IT service companies better understand and meet the needs of partners, clients and consumers across Asia and beyond. 76 AVOIDANCE OF DOUBLE TAXA- TION AGREEMENTS Reduce tax burdens in repatriating profits 42 21 INVESTMENT QUARANTEE AGREEMENTS Protect investments in politically volatile countries FREE TRADE AGREEMENTSWITH 32 TRADING PARTNERS Ease market access Singapore is home to more than 80 of the top 100 software and services companies 4 of the world’s top 5 Electronics Manufacturing Services (EMS) providers manufacture in Singapore Ranked as Asia’s most network-ready country Ranked 8th in the world on the Global Singapore is the Asian home to the top global commodi- ties players AGRI-COMMODITIES Asia Pacific hub for grains, palm oil and sugars World pricing hub for rubber ENERGY & CHEMICALS Largest oil trading hub and pricing centre in Asia METALS & MINERALS Key hub for base metals, iron ore and coal SKILLED TECHTALENT Singapore is home to more than 146,000 infocomm pro- fessionals, with a wide range of training and development opportunities National infocomm competency framework (NICF) Continual Education Training Centres to develop and launch NICF accredited courses in areas such as strategic IT risk managment and enterprise business analytics. Corporate partners for professional development Centres of Attachment and Company- led Training Programme to equip both young and experienced tech talent with expertise to take on higher-value ICT roles. VIBRANT TECH INDUSTRY&STARTUP ECOSYSTEM Key IDA initiatives - IDA Labs, Accreditation and Accelera- tor - to boost tech ecosystem $1.7 billion Startup investment in venture capitalists’ funding for Singapore-based technology compa- nies in 2013. IDA Labs support the collaboration of individu- als, companies and government agen- cies to generate innovative IP from ideation to productisation. Accelerators are to build high growth Singapore- based tech product startups. Accreditation @ IDA aims to help innovative product startups build their credentials as qualified vendors to government andlarge enterprise buyers.