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ISCA CEO, Mr Lee Fook Chiew, was quoted in The Business Times on the question of "What have been the highs and lows of doing business in China? How has your organisation dealt with the challenges?" This is what he has to share:
The free trade agreement between China and Singapore has enhanced Singapore-based companies’ access to the vast Chinese market and boosted bilateral trade and investment relations.
Chinese firms may tap Singapore-based professional services firms with expertise and networks in Southeast Asia to help them internationalise. To capitalise on the growth opportunities, ISCA recently led a group of audit professionals from small and medium practices on a business mission trip to China. Furthermore, China’s One Belt One Road policy, with its trade deals and infrastructure projects, offers tremendous opportunities for Singapore companies.
The accountancy profession in Singapore is well positioned to benefit from these developments. To meet the growing demand for specialists in infrastructure planning and financing, ISCA has launched the ISCA Infrastructure & Project Finance Qualification (ISCA IPFQ) to develop expertise in this area.
- Lee Fook Chiew, Chief Executive Officer, Institute of Singapore Chartered Accountants (ISCA)
This article was first published in "Views From the Top" in The Business Times on 7 October 2019.
