An analysis of logistics financing prospects in Singapore
Singapore is well-positioned as a global hub for logistics and supply chain management. Singapore’s modern logistics industry has five main characteristics: high efficiency, robust technology, strong professionalism, high service concentration and strength. Singapore is a foreign trade-driven econom...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
EDP Sciences
2023-01-01
|
Series: | SHS Web of Conferences |
Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2023/12/shsconf_icssed2023_03032.pdf |
_version_ | 1797835170223489024 |
---|---|
author | Shao Shiyu Yang Zixuan Si Wenjia |
author_facet | Shao Shiyu Yang Zixuan Si Wenjia |
author_sort | Shao Shiyu |
collection | DOAJ |
description | Singapore is well-positioned as a global hub for logistics and supply chain management. Singapore’s modern logistics industry has five main characteristics: high efficiency, robust technology, strong professionalism, high service concentration and strength. Singapore is a foreign trade-driven economic model. With the prosperity of cross-border trade, companies in the logistics industry in Singapore seek diversification and expansion of supply chain technology and logistics finance. This paper mainly analyses the advantages of Singapore’s development of the logistics industry and the promotion effect of Singapore’s growth in the financial field on logistics industry financing. Factors such as the Internet of Things, blockchain, intelligent management, talent cultivation and policy support are enormous drivers for developing logistics financing in Singapore. Among them, the most representative and promising is the blockchain platform, which provides technical support for the Internet of everything, improves the security of multi-agent cooperation, and expands the scope of credit transmission. Although there are still some risks in developing logistics financing in Singapore, as a potent combination of the financial and logistics industries, logistics financing has a bright prospect. |
first_indexed | 2024-04-09T14:50:01Z |
format | Article |
id | doaj.art-7a776d0aaef2455dbfcf28ab76c7262e |
institution | Directory Open Access Journal |
issn | 2261-2424 |
language | English |
last_indexed | 2024-04-09T14:50:01Z |
publishDate | 2023-01-01 |
publisher | EDP Sciences |
record_format | Article |
series | SHS Web of Conferences |
spelling | doaj.art-7a776d0aaef2455dbfcf28ab76c7262e2023-05-02T09:42:00ZengEDP SciencesSHS Web of Conferences2261-24242023-01-011630303210.1051/shsconf/202316303032shsconf_icssed2023_03032An analysis of logistics financing prospects in SingaporeShao Shiyu0Yang Zixuan1Si Wenjia2Beijing Film Academy, Recording art, Sound AcademyShanghai Lixin University of Accounting and Finance, Japanese, College of foreign languagesTianjin University of Finance and Economics, Finance, College of financeSingapore is well-positioned as a global hub for logistics and supply chain management. Singapore’s modern logistics industry has five main characteristics: high efficiency, robust technology, strong professionalism, high service concentration and strength. Singapore is a foreign trade-driven economic model. With the prosperity of cross-border trade, companies in the logistics industry in Singapore seek diversification and expansion of supply chain technology and logistics finance. This paper mainly analyses the advantages of Singapore’s development of the logistics industry and the promotion effect of Singapore’s growth in the financial field on logistics industry financing. Factors such as the Internet of Things, blockchain, intelligent management, talent cultivation and policy support are enormous drivers for developing logistics financing in Singapore. Among them, the most representative and promising is the blockchain platform, which provides technical support for the Internet of everything, improves the security of multi-agent cooperation, and expands the scope of credit transmission. Although there are still some risks in developing logistics financing in Singapore, as a potent combination of the financial and logistics industries, logistics financing has a bright prospect.https://www.shs-conferences.org/articles/shsconf/pdf/2023/12/shsconf_icssed2023_03032.pdf |
spellingShingle | Shao Shiyu Yang Zixuan Si Wenjia An analysis of logistics financing prospects in Singapore SHS Web of Conferences |
title | An analysis of logistics financing prospects in Singapore |
title_full | An analysis of logistics financing prospects in Singapore |
title_fullStr | An analysis of logistics financing prospects in Singapore |
title_full_unstemmed | An analysis of logistics financing prospects in Singapore |
title_short | An analysis of logistics financing prospects in Singapore |
title_sort | analysis of logistics financing prospects in singapore |
url | https://www.shs-conferences.org/articles/shsconf/pdf/2023/12/shsconf_icssed2023_03032.pdf |
work_keys_str_mv | AT shaoshiyu ananalysisoflogisticsfinancingprospectsinsingapore AT yangzixuan ananalysisoflogisticsfinancingprospectsinsingapore AT siwenjia ananalysisoflogisticsfinancingprospectsinsingapore AT shaoshiyu analysisoflogisticsfinancingprospectsinsingapore AT yangzixuan analysisoflogisticsfinancingprospectsinsingapore AT siwenjia analysisoflogisticsfinancingprospectsinsingapore |