SHS Web Conf.
Volume 163, 20232023 8th International Conference on Social Sciences and Economic Development (ICSSED 2023)
|Number of page(s)||10|
|Section||Corporate Decision Making and Brand Operations Sales|
|Published online||28 April 2023|
An analysis of logistics financing prospects in Singapore
1 Beijing Film Academy, Recording art, Sound Academy, Beijing, 100091
2 Shanghai Lixin University of Accounting and Finance, Japanese, College of foreign languages, Shanghai, 200000
3 Tianjin University of Finance and Economics, Finance, College of finance, Tianjin, 300000
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.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0 (https://creativecommons.org/licenses/by/4.0/).
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