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Photo from Amazon Global Selling.

Amazon Global Selling, Nanyang Polytechnic to boost SMEs’ export capacity

They will equip local businesses with skills and knowledge on cross-border selling.

Amazon Global Selling signed a memorandum of understanding with Nanyang Polytechnic’s Singapore Institute of Retail Studies to support the export capabilities of around 800 local entrepreneurs and small and medium enterprises.

In a statement, Amazon Global Selling said the partnership aims to provide knowledge and skillsets to local businesses to enter the online market in the next three years, enabling them to sell abroad.

Through the partnership, local businesses may participate in initiatives and programmes such as product sourcing best practices, study missions, and workshops for product development.

ALSO READ: Non-oil domestic exports drop 20.1% YoY in August

"This collaboration marks a key milestone in our continuous journey of empowering Singapore SMEs and entrepreneurs to thrive on a global scale,” Anand Palit, Head of Amazon Global Selling, Southeast Asia, said.

“We recognize the immense potential within Southeast Asia and envision a future where our joint efforts with industry collaborators will serve as a catalyst for the region's entrepreneurial community,” Palit added.

The partnership is in line with one of the key strategies under the Retail Industry Transformation Map 2025 to build global Singapore brands and support global expansion.

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