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S-EA offers huge opportunities for yacht industry

But it also presents complex challenges for firms seeking to grow business: study

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The challenge for the yachting industry, however, is that while nascent, South-east Asia's sea-faring market is still largely underdeveloped - PHOTO: SINGAPORE YACHT SHOW

A NEW study has painted South-east Asia as an uncharted market for the yachting industry, presenting both huge opportunities and complex challenges for companies seeking to grow their business. The promise the industry holds comes from a growing interest in yachts among the region's 4,690 ultra-