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...

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Main Authors: Shao Shiyu, Yang Zixuan, Si Wenjia
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
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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.
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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
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