Top 6 Industries Translation Services in Singapore
Singapore has become an increasingly globalised country over the last two decades.
As such, the need for translation services in Singapore has been increasing steadily to meet the demands of citizens and foreigners alike.
Below are the top 6 industries that need translation services in Singapore.
1. Medical and Healthcare Translation
The medical and healthcare industry is one of the largest and most important industries worldwide.
There are many medical documents that may require translation services in Singapore, in order to receive better medical care, to claim insurance, or for educational and business purposes.
Common medical translation services include manuals, laboratory reports, medical certificates, research papers on COVID and many others.
Another related industry is the pharmaceutical industry.
To do business in Singapore and elsewhere, there are medical protocols and regulations to be adhered to, and related documents for translation include drug reports, dosages, permission and approval from overseas medical and pharmaceutical associations.
2. Business and Marketing
Simply speaking, business translation is the process whereby any form of text is translated into one or more target languages to facilitate business activities.
The more common types of business translation services in Singapore include translation of websites, products and services, payment procedures, business procedures, letters from business leaders to employees and minutes of annual general meetings.
Marketing translation services is a means by which you translate your collaterals into other languages to persuade your current and potential clients to purchase your products and services, or to adopt your ideas.
The range in marketing material is huge, and it can include social media posts, press releases, PowerPoint presentations, product packaging and descriptions, attractive posters, illustrations and just about anything you can think of.
3. Engineering and manufacturing translation
The engineering and manufacturing industries have been around for many decades, if not centuries.
While they may not appear to be as exciting as new industries like e-commerce, finance and biotechnology, they have withstood the test of time and modern societies and economies cannot exist without them.
When it comes to technical translation services in Singapore involving the engineering and manufacturing industries, the top requests include business licences, manuals for all kinds of products and equipment, safety instructions and personal protective equipment, installation guidelines, technical manuals.
4. Insurance Translation
The world population is getting older, and Singapore is no exception.
As the median age and life expectancy increase, the need for all kinds of insurance, especially health insurance naturally increases.
As the population of Singapore increases, due to globalisation and the need for talent from all countries, more insurance products and services will be needed to protect Singapore’s inhabitants.
Besides health insurance, other kinds of insurance translation services include automobile insurance, home and fire insurance, disability insurance and travel insurance.
There are many kinds of insurance documents that may need to be translated.
These include policy documents, medical reports, overseas police reports, claim forms, product brochures and the like.
When translating insurance documents, accuracy is of the utmost importance, as a wrongly worded translation may lead to processing claims or even outright rejection of claims by the insurers.
5. Financial Translation
Finance has been one of the hottest industries since the turn of the century, and this is particularly true for Singapore, as it has always positioned itself as a financial centre.
Billions of dollars have been poured into Singapore as many financial institutions have decided to make Singapore the regional headquarters of their operations in Asia.
The first thing that many think of when it comes to finance is probably banks and other lending institutions.
Indeed, many of the financial translation services required in Singapore are related to banking and lending and borrowing.
These include bank statements, income statements, proof of employment, tax reports, business plans and proposals and financial reporting.
When it comes to the translation of financial documents, attention to detail is of paramount importance.
If a figure is incorrectly transposed, or if a decimal point is in the wrong position, this could lead to errors in final figures presented, which could have major ramifications on leading and borrowing decisions.
6. Legal translation
Legal documents are critical when it comes to employment, education and starting businesses.
When foreigners come to Singapore and intend to live and work here, there is a need to translate their original legal documents into English, if these documents were written in their native language.
In legal translation services, there are many documents that are considered legal documents, including birth and death certificates, marriage certificates, educational certificates, divorce judgements and title deeds.
The legal translator must possess the requisite legal knowledge to translate the fore-mentioned documents correctly, precisely and simply.
He must also be familiar with the legal translation requirements in Singapore, as some documents must conform to a standard format before being used in Singapore.
Translation Service Agency in Singapore
Do you have a need for any of the common types of translation services in Singapore mentioned above?
Besides translation services, WhizWordz International also provide other related services like copy editing services, copywriting services, transcription services, proofreading services and typesetting services?
Our friendly sales team is well-versed in an extensive and varied range of languages to help you.
For a no obligation free quotation, please email to sales@whizwordz.com or call us today at 6600 3798.