Logistic sector surges in 2009 despite global downturn

Investment commitments in Singapore's logistics sector reached S$481 million in 2009, which may create more than 1,200 jobs when fully implemented.

Global logistics and supply chain management (SCM) companies expanded their innovative and specialised activities in Singapore in 2009, an EDB report said on Wednesday.

“As global logistics and SCM companies seek to capitalise on Asia’s growth, Singapore’s world-class logistics capabilities and sophisticated lead market presents a strategic site for them to identify and respond to rising opportunities in Asia. We are delighted that many global and local companies are developing and implementing innovative and thought-leading SCM solutions from Singapore,” said Mr Julian Ho, Assistant Managing Director, Singapore Economic Development Board (EDB).

When fully implemented, the S$481 million investments logistics sector will create more than 1,200 jobs for SCM planners, managers, research engineers and skilled workers. These skilled positions constitute close to 80% of the jobs created by the investments in 2009.

The investments are expected to contribute S$207 million in value-added per year.

Key developments in 2009 include Zuellig Pharma’s Specialty Solutions Group’s global headquarters for its new bio-logistics services in Singapore, and TNT’s new Regional Air Hub that offers innovative supply chain options by connecting the company’s air networks with its Asia Road Network. More recently, DKSH opened its Global Centres for Finance and Executive Training in Singapore.

In addition, leading logistics companies also leveraged Singapore’s sophisticated lead market to develop specialised services that address their clients’ complex needs in Asia.

“Singapore’s logistics sector is undergoing a transformation to more innovative activities. Singaporeans can look forward to more challenging and rewarding jobs in developing innovative supply chain solutions that increase companies’ top-line while yielding environmental benefits,” added Mr Ho.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia