Singapore's furniture industry has launched a three-year masterplan to drive business growth. The SFIC said the plan encourages companies to "improve, innovate and integrate".
SINGAPORE: Singapore's furniture industry has launched a three-year masterplan to drive business growth.
Last year, Singapore accounts for just over 1 per cent or about S$5.74 billion of the global market share.
And the Singapore Furniture Industries Council (SFIC) said it is aiming to push that to 1.5 per cent by 2015.
The SFIC said the three-year plan encourages companies to "improve, innovate and integrate".
It includes better integration between the furniture industry and other relevant sectors, and one area is fostering closer partnerships with real estate developers.