Singapore

brief about Singapore

Singapore is home to one of the world’s most competitive economies, thanks to its conducive framework and pro-business approach. Singapore has witnessed tremendous growth in terms of its economy over the last two decades. Singapore economy is being appreciated for many qualities and one among them being one of the best places to start a new business in, paving way for ISO Certification in Singapore. This opinion is based on the policies implemented by the government to facilitate fast-track growth of Singapore economy through encouragement of adopting international standards like ISO Certification in Singapore.

The ease of doing business aids in fostering Singapore’s efficient and pro-business environment, making it a popular destination for companies to deliver quality products and services with the help of ISO standards like ISO 9001 Certification in Singapore.

Singapore is also well-known for having a highly industrialized productive workforce that contributes to the sustainability and success of its robust economy. To maintain its competitive position despite rising wages, the government seeks to promote higher value-added activities in the manufacturing and services sectors. It also has opened, or is in the process of opening, the financial services, telecommunications, and power generation and retailing sectors up to foreign service providers and greater competition.

Industries in Singapore

Manufacturing Sector

Singapore’s largest industry by far is the manufacturing sector, which contributes 20%-25% of the country’s annual GDP where the International standards like ISO 9001 certification in Singapore, ISO 14001 certification in Singapore and ISO 45001 certification in Singapore benefits the industry to perform better.

Financial Services

The second major driving sector in Singapore’s economy is the financial services industry, which has enjoyed stable growth due to Singapore’s pro-business environment and political stability. Home to over 200 banks and a regional hub of choice for many global financial services firms, Singapore’s financial services marketplace facilitates the transfer of knowledge, processes, technology and skills between global, regional and domestic markets.  

Currently, Singapore is considered a global financial centre due to the excellent financial services offered by their banks and other financial institutions. The growth of banking sector has witnessed good number of organizations taking PCI-DSS compliance certifications in Singapore. In fact, in the Global Financial Centres Index of 2017, the nation was third in terms of the competitiveness of their financial sectors. Only New York City and London were ranked above. The services offered by the financial institutions include things like internet banking, multiple currency support, savings accounts, checking accounts, wealth management systems, and many more attractive services. This enhances the raise of need for critical information security standards like ISO 27001 certification in Singapore to protect sensitive information.

Energy and Infrastructure

Singapore is crucial in Asia as it is both a primary hub of oil trading in Asia as well as the pricing centre. On its own, the oil industry contributes about 5% of the total gross domestic product (GDP). This high contribution is because Singapore is within the global top three countries that have export refining centres. As a result of the initiatives taken by Singapore government to boost the sector further, ISO certifications in Singapore would help the organizations to perform better. In 2017, the nation’s oil exports stood at around 68.1 million tons. As a result of the oil exporting sector, other sectors such as the chemical industry and manufacturing of gas and oil equipment have also been promoted. This has given great opportunity for ISO Consultants in Singapore like us – CertPro to help our customers in getting ISO 29001 certification in Singapore and ISO 50001 certification in Singapore which enables them to endeavour greater revenue growth.

ISO Certification in Singapore

Tourism

Tourism in Singapore is one of the biggest service sectors and attracts millions of the tourists each year. Its cultural attraction reflects its colonial history and Chinese, Malay, Indian and Arab ethnicities. Singapore is environmentally friendly and maintains natural and heritage conservation programs.

Singapore tourism board aims to triple their earnings to $30 billion and double their tourists by 17 million by 2015. With the development of tourism, the other sectors also promote like medical tourism, business tourism, retail tourism and many more. Government has made very significant strides in tourism industry to make Singapore a must visit destination through their visitor friendly and tourism driven eco-system     . Singapore has given huge impetus for tourism as an industry through policies and reforms like recommendations of international standards like ISO 21101 certification in Singapore.

The Orchard Road district, which is considered as the centre of tourism in Singapore which is a multi-storied building with hotels and shopping centre. Other popular tourist attractions include the Singapore Zoo and its Night Safari are the two others most popular tourists’ attractions, which allows people to explore Asian, African and American habitats at night.

Singapore airline voted best as best airline in the world and Asia, Singapore’s Shangri-La as the Best Business Hotel Worldwide and Singapore’s Changi Airport as the Best Airport in the World.

Information and Communications Technologies

Telecommunications is one such remarkable industries like any other in Singapore due to its vast penetration. Singapore has one of the world’s highest mobile penetration rates at 1.5 mobile phones per person, and more than 90% of Singaporean households have Internet access. An island-wide Wi-Fi service called [email protected] can be used for free in hotspots such as coffee chains, fast-food restaurants, or Changi Airport.

ISO Certification in Singapore

Logistics

Singapore has been upgrading its infrastructure and connectivity in order to portray and remain as a regional logistics hub. Singapore was ranked as the top logistics hub in the world by the World Bank in 2007. World Bank had listed Singapore as top logistics hub in the world in 2007. This stands as a strong base for Singapore to develop and deliver sustainable supply chain solution for the global economy through ISO certifications in Singapore which strengthen their processes.

Singapore’s logistics industry is encouraged to adopt best practices like Good Distribution Practices in Singapore, develop supply chain security guidelines and create an industry wide robust IT platform through ISO 27001 certification in Singapore. In terms of third-party logistics companies, Singapore stands at 21 out of top 25 countries in the world.  Singapore established different regional centres in Singapore that includes Hewlett Packard, Roche Diagnostics and many more. As Singapore has the wonderful sea location, its port as a junction is connected to more than 700 ports in 130 countries. There are six terminals in its harbour which handles container ships, bulk carriers, cargo freighters, coasters and lighters.

For the air cargo Singapore’s Changi Airport is also one of the busiest airports. Singapore provides 78 airlines with over 4000 flights connecting to more than 180 cities in 59 countries.

ISO Certification in Singapore

Biotechnology

Biotechnology has emerged as one of the strong pillars of Singapore’s economy in recent times. Singapore has become a key centre for bio-medical activity such as basic research, clinical development, product and process development, manufacturing and health-care services.

Singapore positioned as the home base for the two major newly launched biologics manufacturing industries. It helps to cut down the R&D cost and increase the development time. Presently there are now 2000 international researchers in Singapore working on drug discovery, medical technology and genetic research. Singapore’s global connectivity, highly skilled workforce, world class infrastructure and pro-business environment are some of the reasons as to why it has become a popular destination for biomedical and pharmaceutical companies.

Why CertPro for your ISO certification in singapore?

CertPro has been associated with Singapore clients for the past few years. Having done multiple projects for both private and government companies, the expertise in delivering timely projects at affordable costs has put us in the forefront for ISO certification in Singapore.

ISO 9001, ISO 14001, ISO 45001, ISO 22000, HACCP, ISO 50000, ISO 29001, ISO 27001, ISO 20000-1, ISO 13485 and ISO 17025. These are just a few of our successful implementations and certifications in Singapore over the years.

Why are we the best?

  • Regional ISO consultants in Singapore would ensure you the benefits of onsite and online consulting.
  • Experts in industry standards suggests the best possible cost-effective Certification Body that fit your requirements which ensures effective implementation of your ISO certification in Singapore.
  • Experience in working with organisations of small-medium-large scale across various ISO standards.
  • A widespread network of associates in Singapore ensures you the support in the local Malay, Mandarin, English & Tamil language.
  • Cert Pro’s Business excellence can make your business global too.
  • Our state-of-the-art certifications will give you the ultimate competitive advantage.
  • Industry specific knowledge of our ISO consultants in Singapore will optimize processes for your existing businesses.
  • Focus on risk management and customer satisfaction; direct tools to boost your revenues and reduce operational costs.
  • We at CertPro have a better understanding of the requirements of government tenders. Thereby assuring you of timebound success for your ISO certification in Singapore.

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