Recent data from the World Bank indicates that today’s global food system is highly complex and interconnected, with over 90% of food products exported from the points of origin. More than half of the world’s population is expected to rely in food sourced from other countries by the year 2050. ​

​In Singapore, the Singapore Food Agency (“SFA”) said that 90% of the food consumed is imported, in 2021, with a good majority from 8 countries. Any shifts in global food supply will affect Singapore’s food supply, diversified food sources can therefore add to the resilience of Singapore’s food supply, and Pakistan can be potentially accretive to this diversification strategy. ​​

In 2021, Pakistan exported USD35 billion worth of products worldwide and 17.4% was food products, including Singapore. What are on our plates today, and what else can Singapore food merchants' source from Pakistan? On the other hand, what are Pakistani palates like, and what can Singapore food merchants' interest Pakistani consumers with? What are the regulatory frameworks that Singapore and Pakistan companies need to contend with? ​

​ ​Join us at this 5th episode of FYIstival 2022: The South Asia Edition, and get some answers, prep for action, and add to the diversity of consumer choices for Singapore and Pakistan.

The manufacturing market is estimated to be worth USD87 billion in 2022, and by 2025 is expected to grow to USD118 billion. Even as Covid-19 challenges, such as rising cost of raw materials, freight, and labour shortages are likely to continue into the rest of 2022, the industry is evolving, with production processes designed to meet the changing requirements of customers. ​

​Contributing about 16-17% of India’s pre-pandemic GDP, the manufacturing industry is projected to be one of the fastest growing sectors in the country. Government initiatives to shape India into a global manufacturing hub should add more than USD500 billion annually to the global economy. ​

​Join us at this 6th episode of FYIstival 2022: The South Asia Edition, to learn more from Invest India and the Federation of Indian Chambers of Commerce and Industry as they share how Singapore companies can navigate and access the opportunities in India’s manufacturing sector.

Since independence, Bangladesh has aspired to become an upper middle-income country by 2031. Their inspiration for growth catapulted them to be on track to graduate from United Nations (UN) least developed countries (LDC) status by 2026. ​

World Bank and International Finance Corporation (IFC) have supported Bangladesh throughout their transformation journey. To keep them on track, IFC will be introducing a USD5 billion 5-year investment plan to assist Bangladesh on diversifying their current economic sectors. So, what are the sectors? ​

Join us on this webinar, together with IFC, Bangladesh Investment Development Authority (BIDA), Summit Power International and Summit Technopolis to understand and identify future developments and sectors Singaporean companies can venture into.

With the rise of digitalisation all over the globe, we see an increased interest in India adopting artificial intelligence (AI), blockchain and electronic financial services. Undoubtedly the fastest growing hotspots for Fintech adoption, India has an adoption rate of 80% as compared to the global average of 64%. ​​

A study in 2021 by Boston Consulting Group (BCG) and Federation of Indian Chambers of Commerce and Industry (FICCI) projected India’s FinTech sector to surpass USD150 billion by 2025, with forecast of India’s digital assets economy to increase from USD5 billion in 2021, to USD262 billion by 2032. India is also the leading adopter for AI in emerging markets, even ahead of developed countries like Canada and South Korea ​​​​

Together with FICCI, Singapore Fintech Association (SFA), Cyril Amarchand Mangaldas and BondEvalue, the webinar will identify gaps in the industry in which Singapore Businesses can leverage on their FinTech capabilities and venture into the ever-growing market in India

The world has been rocked by multiple events which have impacted global market growth. The South Asia Economic Focus by The World Bank has forecasted the South Asia region to grow by 6.6% and 6.3% in 2022 and 2023, respectively. ​​

With balancing trade engagement between Russia and The West for the largest economy in South Asia – India, opportunities are created for new ventures. With growth projection of 6.4% in 2022 from IMF, Bangladesh is focusing on diversifying from ready made garments (RMG) sectors. ​​

Neighbouring powerhouses are backing Pakistan and Sri Lanka despite current predicament. China has long placed both nations as the focal points for Belt and Road Initiative (BRI). A surprise ally – India, has also rendered support to Sri Lanka. Such backings could potentially stabilise and generate opportunities for businesses. ​​

The region possesses opportunities for Singapore businesses, but what are these opportunities? Through this FYIstival, businesses would be able to gain access to focused industries of consumer goods, e-commerce, infrastructure and smart cities, information communication technology (ICT), waste and water management and energy. ​​

As part of the [email protected] Learn, Land and Localise experience, join this For Your Internationalisation session to Learn about South Asia. Learn on latest developments for the major markets in the South Asian continent and opportunities in the South Asian market.