The Business Times

Firms in Singapore delay investment, tweak supply chains in face of trade war: AmCham poll

Firms in Singapore delay investment, tweak supply chains in face of trade war: AmCham poll

IN the face of trade tensions between the United States and China, members of the American Chamber of Commerce in Singapore are delaying or cancelling investment plans, looking to other markets, and adjusting supply chains.

  • December 06, 2018
  • min read

The Business Times

Firms in Singapore delay investment, tweak supply chains in face of trade war: AmCham poll

In a panel discussion at the launch of the survey results on Thursday, however, expert vice-president in Bain & Company's Singapore office Gerry Mattios noted that business leaders are still largely taking a "sit back and wait" approach when it comes to taking concrete action.

Even though firms may be re-evaluating their supply chains, shifting manufacturing operations is both expensive and difficult, he noted.

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