SINGAPORE - JUNE 08: Singapore's famous Marina Bay Sands hotel is seen at sunset on June 8, 2018 in Singapore. The historic meeting between U.S. President Donald Trump and North Korean leader Kim Jong-un has been scheduled in Singapore for June 12 as a small circle of experts have already been involved in talks towards the landmark summit in the city-state.
Velocity Global recently announced that Singapore would be the headquarters for its Asia Pacific (APAC) operations leg expansion. The global expansion solutions company extends its services to Asian countries and will head to the city-state to center on all APAC needs.
Velocity Global is one of the world's leading companies that provides help to the country's businesses to branch out to foreign nations, giving everything it needs, particularly setting up one's foreign legal entity. Global presence is a must nowadays but proves to be costly and challenging for most start-up businesses.
The company offers "the right partner- and right expertise" for all business needs in global expansion. Opportunities are endless in every place where business ventures. Velocity Global aims to extend the "endless" to international waters and foreign customers of the business.
The Denver-based company offers the best International Professional Employer Organization (PEO) for all business needs, with over 185 countries applicable to branch out upon. Velocity Global's service would also help with immigration, talent acquisition, global payroll, etc.
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Velocity Global: Singapore is the Best Choice for APAC HQ
According to Business Newswire, Velocity Global recently chose the city-state of Singapore as the headquarters for the Asia Pacific branch of the company. The APAC Headquarters in Singapore would be responsible for all businesses' Asia Pacific countries' workforce.
Additionally, Velocity Global's press release names Nicholas Yap as the Managing Director for the Singaporean Headquarters to head the operations. The Denver-based company chooses a veteran in the industry to lead its Asia operations.
Velocity Global's expansion and venture aim to extend more to the client's needs and specifications, particularly in the region that is far from the primary operations. The global expansion company, along with Managing Director Yap, would head the APAC region and extend its services without the hassle of going back to Denver.
Singapore's Multi-Cultural Environment: Fit for Velocity Global
SINGAPORE, SINGAPORE - MARCH 30: Safe distancing markers can be seen along benches outside the Art Science Museum at Marina Bay Sands on March 30, 2020 in Singapore. The Singapore government has introduced several safe distancing measures to curb the spread of COVID-19. The Coronavirus (COVID-19) pandemic has spread to many countries across the world, claiming over 20,000 lives and infecting hundreds of thousands more.
Singapore is one of the best countries to shift one's business because of the multi-cultural environment of the state. The diverse population offers the best integration for Velocity Global's APAC Headquarters Expansion, along with the countless opportunities that Singapore opens up for technology firms.
According to the State of Global Expansion's 2020 Report, Singapore is the top market for growing technology companies. The city-state offers one of the world's most accessible markets to settle in and start a new business to grow.
Singapore's People, Geography, and Internet Services
Singapore also tops the Asia region's English-speaking population, surpassing China, Japan, Korea, and other Asian countries. This makes Singapore a top-choice for businesses that ventures internationally, allowing the country's integration the easiest than any other place.
Geographic strategy-wise, Singapore offers the best strategic entry and exit points among the Asia Pacific (APAC) region. The city-state is one of the best ports for trade and business in Asia, opening up more possibilities to various countries that the Singaporean market is famous for.
Asia's internet connection rates are on the lower spectrum of speed and connection, much less the security and integrity of its servers and providers. Singapore beats this problem by offering the most promising internet speed rates and connections in the region. The country also offers one of the safest web connections than any other place in the globe.
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Written by Isaiah Alonzo
