Subscribers

Singapore manufacturers staying alert amid China's Covid-19 wave

Firms with plants or suppliers there have yet to be alarmed

Singapore

EVEN as China intensifies efforts to control its latest Covid-19 wave, Singapore firms with manufacturing plants or suppliers there have yet to be alarmed - though they are watching the situation closely.

As the current spread has been uneven across China, not every firm's operations will be hit. But firms are aware that if their local situation worsens, authorities will take firm action.

For some, diversification has mitigated the risks. "China is an important sourcing and manufacturing base for many of our furniture industry players but not the only one," said Singapore Furniture Industries Council (SFIC) president Phua Boon Huat.

So far, SFIC members have not raised concerns over the...

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