Trade deal not changing Singapore firms' outlook yet

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US-China trade deal not changing Singapore firms' outlook yet

"People will not rush into any action yet. They will see what manoeuvres or changes in strategic position are made, then take the next step," said Asia Polyurethane Manufacturing chief executive, Erman Tan.

Ho Meng Kit, who heads the Singapore Business Federation, said companies are"taking the long view that this is not something that will go away, and this is broader than a trade dispute". Another firm that has repositioned itself is Ademco Security Group, which provides security solutions and services.

Source: News Formal (newsformal.com)

 

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