Don't get paralysed by downturns but focus on a sustainable business
DEFLATING commodity prices are rippling through the world and regional economies. The cycle of growth over the past decade, fuelled by the commodity consumption boom, has reversed. The economies of South-east Asian nations have been among the hardest hit, starting with natural resource extraction companies and rippling outwards to related suppliers and manufacturers and industrial transportation providers.
Yet as we monitor the impact on wider and wider circles of related industries, something interesting happens. The negative effects of low commodity prices begin to dissipate and eventually, turn positive.
Industries for which …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access
Far from thawing, the US-China economic war could see a new front opening up