A senior official who in Singapore said that Singapore need to
use its dominant condition – the Shopping Center of Asia to promote
the connection of value and develops self brand.
As the state secretary of Singapore who is in charge of trade
and industry said “we could do that by balancing our economy of
the knowledge, the strength of the development of innovation,
design and technology, and technologic experiences.” This trend
reveals that both of South Asia and Southeast Asia have been the
important purchase bases for the biggest clothing market - America
and European Unions. Actually, the textile clothing industry of
Singapore has expanded its foothold.
The department of textile and clothing is one of the most important
manufacturing in Singapore. There are more than 720 companies
of textile and clothing in Singapore and has employed more than
ten thousand employees, which has occupied 3% of manufacturing
in Singapore. In 2004, the two departments have gained approximate
6.54 hundreds million dollars of sales income, and have made the
added value of 1.78 hundreds million dollars. Due to the higher
labor force price of there, many clothing manufacturing companies
have set up the producing base in other countries, such as, China
and Vietnam because of the cheaper cost of labor force.
At the moment, the clothing manufacturers will keep their producing
base of Singapore continually, and implement the action of value
added, such as, design, sample, producing plan and purchase, by
using the affect of the standard of high quality of Singapore
and the faster running efficiency.
Source: Jinqiao Clothing Wibesite