1. Company Introduction
ORIX Corporation was established on April 17, 1964 in Osaka, Japan as Orient Leasing Co., Ltd. During the 1960s, ORIX Corporation was the pioneer batch in Japan providing leasing and corporate financing solutions to individual businesses during the booming period of economic growth in Japan. Till date, ORIX’s office can be found across 36 countries and regions worldwide.
Retrieved from http://www.orix.co.jp/grp/en/company/
In Year 1972, Orix Leasing Singapore Limited “ORIX SINGAPORE” was incorporated in Singapore providing corporate financing to industries such as Shipping, Medical, Retail and Transportation etc. Being a trusted finance provider company with a long history, ORIX also went into a joint venture with…show more content… Despite having strict regulations in Singapore, the government welcomes potential investors to setup businesses here by giving perks such as having an open immigration policy which allows foreigners or local to do business here with an ease of mind. The combination of strong banking secrecy rules, generous tax incentives and its international reputation for business excellence has also attracted many high net worth individuals and Corporations to Singapore. Having an efficient and effective government, Singapore also have a reputation of honesty and political…show more content… The target audience for ORIX Singapore is small to medium-sized enterprise (SME) or Multi-National Corporation (MNC) whereby ORIX Singapore only specialize in business commercial financing. ORIX Singapore have also been targeting upcoming new business set-up locally by offering financing services to them with a criteria of minimum one year incorporation in Singapore whereby other financial institutions would need a minimum of two-three years. In addition, with an increase of new businesses as forecasted for the next 6 months, it will create more business opportunities for ORIX