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STIF Asia signifies the venturing of our business into Asia.
Singapore being strategically located in the middle of key trade flows from Asia, Australia, Europe, the Middle East and the US. It is one of the most open
economies for trading & most competitive economies in the world.
In 2008, STIF Asia Pte Ltd is established in Singapore. It’s our regional HQ for Asia Pacific region & also serves as the platform to be closer with our
customers in this region.
China’s economy has continued to grow by double-digit rates over the last couple of years. Within China, rapidly changing demographics, rising
incomes, increased consumer spending and an increasingly open business environment had made it an absolute choice for STIF Asia to enter into this
market by setting up our manufacturing facility.
In 2011, STIF Asia setup it’s wholly owned subsidiary STIF (Suzhou)
Components Co Ltd. With this, it fulfilled our objective of produce in Asia for Asia.
At the beginning, STIF (Suzhou) produce some of the parts in China & imports certain items from France, our Global HQ. Progressively we increased the
ratio of items produce locally in China, so as to better serve our customers especially in the Asia region with quality products at reasonable price.
Indonesia has long been viewed as one of the brightest prospects in the emerging markets. As Asia’s 5th largest economy and the world’s 4th largest
countries by population. It has a rising middle incomes group, which is driving growth in consumer spending.
The market potential in Indonesia for our products are huge and it’s becomes
vital for us to enter into this market aggressively.
In 2013, STIF Asia setup it’s subsidiary in Indonesia PT STIF Indonesia. This entity consists of a warehouse & sales office at Jakarta so as to meet the
increasingly customer’s demand for the Indonesia market.
Asia continues to be one of the world’s leading growth markets and we at STIF Asia are right at the sharp end of that, experiencing not only the exciting
opportunities that come from being a fast-growing Asian market. We see that Asia will continue to be an important part of our strategic growth in the coming