Thai-Chinese Chamber of Commerce strengthens tie with Singapore
The president of the Thai-Chinese Chamber of Commerce Narongsak Putthapornmongkol on May 26 welcomed Tan Teck Lee, director - South East Asia and Asia-Pacific at Singapore Business Federation (SBF) on the occasion that the SBF was bringing Singaporean entrepreneurs to visit the ThaiFex - Anuga Asia 2022 event held at Impact Muang Thong Thani in Nonthaburi province.
Narongsak said the Thai-Chinese Chamber of Commerce is looking forward to strengthening cooperation with the SBF to expand business deals with Singaporean entrepreneurs.
Meanwhile, Lee said SBF has launched the “Global Connect @SBF” platform to support Singaporean entrepreneurs in expanding their businesses overseas. Currently, SBF has over 27,200 members and a regional office in Bangkok.
SBF also plans to bring more Singaporean entrepreneurs to visit the Food & Hotel Thailand (FHT) event scheduled in September and is looking forward to matching with Thai-Chinese business partners in the food and hotel industries.
Singapore is Thailand's 8th trade partner globally and ranked 4th among Asean members. Trade value between the two nations amounted to US$6.6 billion in the first four months of 2022. Thailand’s exports to Singapore during said period were at US$3.8 billion with US$2.7 billion worth of imports. Key export products to Singapore are gems and jewelry, oils, computers, electrical circuit boards, chemicals, and air conditioners.