Business In Singapore Culture
Business is normally conducted in english in singapore particularly british english.
Business in singapore culture. The world business culture website will aid business ventures into singapore so as to ensure maximum success and rewards. Business practices in singapore. The etiquette itself can vary between the different chinese malay and indian members.
Chinese and indian singaporeans are generally regarded as the business savvy ethnic groups as they dominate the economy and malays are considered to be less business profit orientated. Professional business networking is an essential part of conducting business in singapore as is cultivating personal relationships with co workers and potential business associates. The business culture in singapore is exceedingly competitive and is based on a strong work ethic.
Singapore is often seen as a stepping stone into asia. If you miss them or incorrectly interpret subtle cultural cues you could unintentionally damage your business. In most cases you will encounter singaporean chinese as your business counterparts as they form the majority of the population.
The singaporean business culture is intensely competitive and has an exceptionally strong work ethic. Business etiquette is largely relationship based while singaporeans are also highly cosmopolitan in their outlook. Business culture in singapore keeping culture in mind as you do business in singapore.
Singaporean business culture principles. First contact greeting introduce oneself behaving dress code companies banks and public services opening and closing times and days. Being a nascent country and with such a diverse history the culture is equally influenced by both east and west.
It is important to adapt to the business culture of the respective partners and this section. The group rather than the individual prevails and the oldest or most competent member usually assumes the leadership position. Since you are considering doing business in singapore it s important that you understand some of the cultural expectations you ll encounter.