Business · Trade · 5 hrs ago

Singapore firm offers Chinese businesses support for entering Southeast Asia

Singapore firm offers Chinese businesses support for entering Southeast Asia

Chinese companies are increasingly taking their products, technology and services into Southeast Asia, including markets such as Malaysia, Indonesia and Vietnam.

OA Group CEO Zheng Zhixiong says smaller firms often lack the money, local contacts and expertise to handle that expansion on their own.

They may also need to adapt their business models to local customer expectations and rules.

Singapore can serve as a base to test a market and manage regional operations, rather than simply as a place to register a company.

Zheng says companies exploring one market or a few short-term projects may not need a regional headquarters, but the hub can help when business spans several countries.

OA Group says it supports firms with market research, company setup, accounting, tax compliance and local business connections.

The company plans to focus its China work on Shanghai, Hangzhou and the surrounding region, while helping Chinese firms enter Southeast Asia and Southeast Asian firms reach China.

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Zheng ZhixiongOA Group chief executive
Companies focus on technology and solutions; we solve how to enter the market and how to build a business.
via China News Service
If you are only testing a single market or taking on occasional short-term projects, focus first on developing customers and controlling costs; there is no need to build a structure too early.
via China News Service
AI is not simply a tool for improving efficiency for me, but a tool for upgrading value; what ultimately sets people apart is their experience, the depth of their questions and the quality of their delivery.
via China News Service
We are building a two-way channel for economic and trade ties.
via China News Service