Posts Tagged ‘business’

• Q1 GDP may be thwarted by good news for business in Singapore: Rikvin

  Date: 2012.04.17 | Category: Traders Singapore | Response: 0

  
  Singapore (PRWEB) April 13, 2012

  Singapore company formation specialist, Rikvin, hopes that Singaporeans Q1 GDP figures could mean good news for business this year – especially those related to manufacturing and construction industries, or those who enjoy a rethinking of the for growth.

  to promote Singapore’s estimates of the Ministry of Trade and Industry (MTI), the republic’s GDP grew by 9.9% quarter on quarter (qoq) in Q1 2012. This represents an improvement over the 6.3% growth forecast and the rebound from Q4 2011s 2,5% reduction. In each year (yoy) basis, Singapore’s GDP grew by 1.6% in Q1 2012, exceeding economists’ forecasts for more than two times.

  manufacturing sector, which registered at 14.7% qoq growth, contributed significantly to stronger-than-expected performance in a quarter of this year, with a rebound from the previous quarter
  
  11,1% reduction. Another star of industry, construction, and also demonstrated a strong return of 24.6% qoq growth after reduction of 2.2% in Q4 2011.

  Commenting on the results, Mr. Satish Bakhda, head of operations Rikvins said stronger-than-expected performance, especially in manufacturing and construction, may indicate a rosy than expected year for firms in the region is closely related to this industry. For example, with a large number of housing and infrastructure projects under construction this year we expect more interior design firms and traders of raw materials for growth and then choose to install the company in Singapore.

  In addition, recent Straits Times News reported that many industry leaders in construction, food and beverage and pharmaceutical industries have expressed a positive outlook and plans for 2012, added Mr. Bakhda.

  analysis shows that healthy work Rikvin in Q1 still could add to the positive mood of business and encourage more small Singapore, the combined entity to restructure their businesses to position themselves for growth.

  Singapore tax is low, as it has played an important role in motivating more professionals to be adventurous. However, Singapore businessmen making it easier to open a shop, do business and move up the value chain by increasing productivity and innovation scheme (PIC Scheme). We expect that smaller companies will benefit from this tax incentive system, and not only invest in technology or education, but the innovative strategies that will take your business apart from the competition, confirmed Mr Bakhda

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  About

  RIKVIN:
  
  fourteen years, Rikvin has partnered with foreign investors, entrepreneurs and professionals in their quest to gain access to the limitless possibilities of Singapore has to offer. Rikvins areas of expertise include Singapore company registration, offshore company setup, accounting, taxation and other corporate services. Rikvin also Singapore work visa and immigration services for foreign professionals wishing to move to Singapore.

  20 Cecil Street, # 14/01, Justice Plaza, Singapore 049705
  
  (65) 6320 1888?
  
  http://www.rikvin.com/

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• Singapore in good stead to attract more business

  Date: 2012.04.04 | Category: Singapore Tourist Places | Response: 0

  
  Singapore (PRWEB) March 16, 2012

  Singapore company registration specialists Rikvin hopes that Singapore will continue to attract an increasing number of companies and skilled professionals. The announcement was made on the background of the stellar performance (EIU) latest Economist Intelligence Unit, in the hot spots: the benchmarking report on the global competitiveness of the city.

  Singapore has become the top city in Asia and third globally after the Big Apple, New York (1) and in the city of Big Ben, London (2), due to its ability to attract business, capital, talent and tourists. Ancient Nemesis Hong Kong came fourth in Citigroup to order the report.

  The report hot spots, the city was estimated on the basis of eight categories of competitiveness consisting of 31 indicators. Singapore topped the list in the financial and physical maturity of the categories of capital. He also made it into the top ten in world trade (4), institutional effectiveness (6) and environmental and natural hazards (8) categories. In the most weighted category of economic power, Singapore came in 15 th place visible.

  
  Commenting on the recent Singapore

  award, Mr. Satish Bakhda, head of operations Rikvins said, it is not the first time that Singapore has achieved the top ranking. Singapore has an upper Mindshare for the fact that the best investment potential and is an easy place to do business. EIUs latest ranking is another indication of the magnetic Singapore the opportunity not only through tourism dollars, and capital and highly skilled talent that makes entrepreneurs to form companies in Singapore.

  Rikvin Analysis also shows that the track record of high performance and high rankings in international indexes create a positive cyclical effect. EIUs latest report adds that the track record and argues that Singapore is the place to start your own business.

  Singapore is constantly updating its legislation to ensure that it remains an attractive place for business people to entrepreneurs and highly skilled. For many years, offering generous financing of key industries and young entrepreneurs with fresh ideas.

  In addition, during the last budget, the government proposed to further improve the tax and cash benefits to help companies move up the chain of productivity and innovation value. Singapore tax and income tax remains among the lowest in the world. Safety standards and credit ratings of banks in Singapore are also well rated. These features are unlikely to come out and will continue to involve requiring the key decision-makers to choose a work visa in Singapore or review jurisdiction in the following locations, as part of its expansion plans of firms. We believe that the latter rating will play a role in evangelising Singapore’s strength as a place of business setup, confirmed Mr Bakhda.

  
  About

  RIKVIN
  
  Rikvin Singapore is consulting, which provides business solutions for both local and foreign experts, investors and entrepreneurs. Rikvins areas of expertise include Singapore company registration, offshore company setup, accounting, taxation and other corporate services. Rikvin also Singapore work visa and immigration services for foreign professionals wishing to move to Singapore.

  Rikvin Pte Ltd
  
  20 Cecil Street, # 14/1, the validity Plaza, Singapore 049705
  
  (65) 6320 1888
  
  http://www.rikvin.com/

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