American firms in Asean fret over US-China trade tensions, TPP exit
Most in Singapore feel their operations will take a hit if US takes punitive trade action against China
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
WHILE US firms in Asean are optimistic about the growth outlook for and investment opportunities in the region, there is a slight softening of business sentiment for the next five years, according to a survey by the US Chamber of Commerce and the American Chamber of Commerce (AmCham) in Singapore.
These firms expect higher profits, plan to expand within their response location and into other Asean countries, and plan to add headcount in their respective countries in Asean, enticed by the region's economic growth, rise in the middle class and regional integration.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
