Singapore News

News from Singapore

Singapore ranked number 1 in World Bank shipping survey

Posted by jtsmyth8 on November 6, 2007

Singapore, a major global and logistics hub, ranked first in a new World Bank survey of countries’ capacity to ship goods.

It was the second time this year Singapore topped a World Bank list. In a report on ease of setting up businesses released two months ago, Singapore finished No 1.

At the other end of the trade logistics study were landlocked countries in Africa and Central Asia.

“Connecting to Compete: Trade Logistics in the Global Economy,” a study based on a world survey of freight forwarders and express carriers, indicates that making it easier to connect firms, suppliers and consumers is crucial in a world where predictability and reliability are becoming more important than costs, the bank said. (story)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: