Electronics SMEs urged to embrace South-east Asia as their growth driver
Having more small business go regional will cushion the blow from a greying home base, says discussion panel
Singapore
WILL big global firms want to set up shop - as DBS senior economist Irvin Seah put it - "in a place that looks more like an old folks' home"?
As cost competition and demographic change put the squeeze on small and medium-sized enterprises (SMEs), companies in electronics manufacturing should look to the regional value chain as a growth driver, he said at an industry event on Wednesday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly