Hong Kong Beat Singapore In Foreign Trade Survey

Taipei Times, 15 Apr 2009, Crystal Hsu
Exporters and importers regard Hong Kong, Singapore and Canada as the most competitive places to conduct foreign trade while the Philippines and Cambodia are the least competitive, a report released yesterday showed.
The survey, conducted by the Importers and Exporters Association of Taipei (IEAT), called on the government to provide more online trade information and help lower foreign exchange risk as part of its efforts to boost exports.
“Of the world’s 34 major and emerging markets, Hong Kong ranks as the best place in terms of trade freedom, convenience, ease and lack of risk,” Leu Horng-der (呂鴻德), a business administration professor at Chung Yuan Christian University, told a media briefing.
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