SMF Vice President's comment on the challenges posed by recent tensions in the Middle East.
SMF's Vice President, Mr. Alessandro Perrotta, emphasizing adaptability amidst challenges
Despite increasing tensions in the Middle East, local companies remain optimistic about expanding their businesses in the region. While some face challenges such as rising shipping costs and delays, many are still enthusiastic about the market's potential. Representatives from various companies shared their experiences and plans for expansion.
In the article, Mr. Alessandro Perrotta, Vice President of the Singapore Manufacturing Federation (SMF), highlighted the challenges posed by recent tensions in the Middle East. He emphasized the need for businesses to be adaptable in navigating the complex market, considering potential trade disruptions, security concerns, and volatile investor confidence.
Mr. Perrotta also stressed the importance of vigilance and adaptability in light of escalating conflicts in the region.
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