Singapore business

The battle is heating up as Hong Kong and Singapore both vie for the wallets of rich Chinese in the tech sector. With the idea of family offices gaining popularity in recent years, will Hong Kong or Singapore have the edge over the other?

Since its inception in 1980, homegrown massage chair specialist OSIM International has striven to gain and maintain its foothold as one of the world’s leading wellness brands. China, with its vast market, is an important piece of the puzzle. OSIM’s presence in China for 28 years is not without its travails, but through constant innovation and a willingness to adapt to change, it continues to find a way to thrive amid the competition. CEO Charlie Teo shares the OSIM experience.

After taking a hit in early 2020 due to the pandemic, Singapore-China trade quickly rebounded and looks set to be in healthy territory in 2021. China’s increasing focus on regional trade agreements and industrial chains will give an added push. Academics Li Wenlong and Zhang Shiming give their take on what is in store.

In this two-part article, prominent Hong Kong commentator and columnist Yang Jinlin assesses Chongqing’s strengths such as its strategic location and expertise in smart city building and waste management while sharing his personal reflections on how the megacity has changed and will continue to grow as it moves from one decade to the next. Read about Raffles City Chongqing, a 2019 project by CapitaLand Limited, and Chongqing's web in this first part.

The editorial team from the Singapore Chinese Chamber of Commerce and Industry (SCCCI) interviewed its president and veteran entrepreneur Roland Ng on business opportunities in a growing Chinese market. Mr Ng is the CEO and managing director of homegrown crane rental company Tat Hong.