Singapore Companies in Thailand, and
Singapore Manufacturers are busy
in Bangkok. I have even met some Singapore businessmen who commute
almost daily from their homes and offices in Singapore to their offices
or factories in and around Bangkok.
Yes with the drop in air fares due to low
price air carriers it is now financially possible to do this. The main
reason however is twofold. Firstly Bangkok and Thailand as a whole
offers an attractive manufacturing base for Singapore companies.
Secondly with the office rents in Bangkok being about a third of an
equivalent in Singapore... well it just makes good financial sense to
position your South East Asian hub in a more reasonable economic place.
I get several enquiries a week from
companies in Singapore who are looking to enter the Thai market. Some
want to manufacture, some to distribute their own products but the
majority of calls come from companies who want to use Bangkok's
conference and seminar facilities. More and more shows and trade fairs
are moving from Singapore to cheaper Thailand alternatives.
Singapore and Thailand enjoy close
relations on many levels diplomatic relations, business and economic
relations. Both countries are active members of ASEAN and the various
working groups that operate under the auspices of ASEAN.
"Singapore and Thailand have traditionally enjoyed a warm
bilateral relationship. Both countries also co-operate closely within
ASEAN and at international fora. Bilateral trade amounted to S$24.4
billion in 2004. Thailand is also an important investment destination
for Singapore companies."
"The STEER was launched by then Prime Minister Goh Chok
Tong and Prime Minister Thaksin Shinawatra during then Prime Minister
Goh's visit to Thailand from 18-20 February 2002, to promote closer
economic cooperation between Singapore and Thailand. Under this
agreement, Thai and Singapore agencies would meet regularly to foster
closer economic integration and cooperation. The inaugural STEER meeting
was held in Singapore from 25-27 August 2003. " - Singapore
Ministry of Foreign Affairs -
If you are a Singapore company wanting to
know more about the Thai marketplace and want to contact Thailand
companies and business people then we can help please
firstname.lastname@example.org with your requests.
If you are Singapore business and want to
promote your company in Thailand or on the Internet then please send
your company profile, list of services or products and we will be happy
to publish on our website.
Singapore Contacts in
Singapore-Thai Chamber of Commerce
193/8 Lake Rachada Office Complex, 1st Floor
Ratchadapisek Road, Khlong Toey, Bangkok 10110
Telephone : 0-2264-0680-4 Fax : 0-2264-0688
The Singapore Embassy in Bangkok
129 South Sathorn Road
Telephone: 02 86 2111, +286 1434
Fax 02 86 6966