A variety of companies from different business industries made the list. This includes industries as varied as tech, renewable energy, recycling, medical treatment, children’s education, food, consulting, finance or marketing.
On the start of The Straits Times Fastest Growing Companies 2020 survey to uncover Singapore’s growth champions, Mr Warren Fernandez, the editor-in-chief of Singapore Press Holdings’ English, Malay and Tamil Media Group and editor of The Straits Times, said: “Last year, ST and Statista were stringent in our selection of the 85 companies picked for the inaugural list of fastest growing companies. Response to the first survey was very good, and we hope to uncover even more of such companies this year. We are happy to partner again with Statista for this project to seek out companies with inspiring growth stories which we could profile. Their stories will offer useful insights to others that are seeking to grow, which will be especially relevant amid the economic uncertainties that lie ahead."
During the research period for the 2020 survey, Statista’s analysts will study over a thousand companies, including companies that register online by 31 July 2019. Submitted data must be checked and confirmed personally by the CFO or CEO of the given company. The metric for determining the ranking will be revenue growth in the years from 2015 - 2018. The list also has to comprise data on jobs growth and additional information.
Dr Friedrich Schwandt, CEO and Founder of Statista, said: “We were very happy with the outcome of our first installment of Singapore’s Fastest-Growing Companies and are confident that the response rate will be even better this year. This, and having recently opened an office in Raffles Place, will certainly strengthen our position in the Asian market." The Hamburg-based company with offices from New York and London to, now, Singapore, has done many research projects with renowned media companies around the world, from Forbes to the Financial Times.
For more information, check the interactive table at https://www.straitstimes.com/85-fastest-growing-companies
You can also find some profiles on the winners and industry stories of the 2019 growth champions at https://www.straitstimes.com/tags/fastest-growing-companies-2019
To register for the Singapore’s Fastest Growing Companies 2020 survey, companies can visit https://www.statista.com/page/sgp-fastest-growing
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