TRICOR GROUP SINGAPORE BUSINESS BESTOWED D&B 2021 BUSINESS EMINENCE AWARD

KUALA LUMPUR, April 16 (Bernama) -- Tricor Group (Tricor), Asia's leading business expansion specialist has been awarded a 2021 Business Eminence Award by Dun & Bradstreet (D&B) for its business in Singapore.

Based on a statement, the D&B Singapore Business Eminence Award honours industry achievers, both locally and abroad, for outstanding performance and business excellence.

The primary focus of the award is on enterprise growth and profitability, with D&B applying its proprietary financial model with several parameters to measure business performance.

Apart from assessing revenue and profit growth, D&B’s metrics also track business excellence in key areas, such as corporate social responsibility and corporate governance, to select the top performing companies in Singapore.

Tricor Group Chief Executive Officer, Lennard Yong said: “With over 360 employees locally and operating revenue in excess of US$40 million, Tricor Singapore has grown to become the largest corporate service provider in Singapore and delivers the most innovative business solutions available in today’s marketplace.

“This award recognises our company’s accomplishments and speaks to the success of our clients as well, both locally in Singapore and internationally.” (US$1 = RM4.128)

One of the world's easiest places to do business, Singapore attracts a lot of business from multinational firms—but entering any new market comes with challenges.

Owing to globalisation, international tax reforms, digitalisation and domestic movements, the tax environment of Singapore is constantly evolving with new amendments, requirements, exemptions, incentives, challenges and opportunities.

-- BERNAMA