Singaporean firms heading abroad for growth


Going out: Yap said PBA Group has set aside S1mil for the next two years for its plant in Philippines. — ST file pic

DATA from trade agency IE Singapore showed that well-known names such as barbecued pork chain Bee Cheng Hiang and budget airline Scoot were among those that ventured to new cities.

Bee Cheng Hiang opened its first retail outlet in Japan in September, aiming high by going for the glitzy Ginza shopping belt in the heart of Tokyo.

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