President of Singapore, Dr. Tony Tan, has urged Singaporean firms to move quickly and seize first-mover advantage in developing markets like Cambodia and Laos
- Singapore has recently signed pro-business policies with Cambodia and Laos
- Tony Tan cited tourism as one area where there could be more collaboration between Singapore companies and their regional counterparts
- There are many opportunities for Singapore companies in Cambodia and Laos, and leaders of both countries have encouraged Singapore to increase trade and investments