To what extent does the political and social unrest in the region pose risks to business? How does it impact the business imperative to go regional?
Maren Schweizer
CEO
Schweizer World Pte Ltd
Our transition from a ”just in time” to ”just in case” supply-chain setup lies behind us. Therefore, we expect a low to medium impact in the short term.
Nevertheless, we are concerned about a rash of crises in South-east Asia, as Thailand’s political situation can ignite similar movements across the region and adversely affect consumer spending and investor confidence.
Covid-19 has already hit hard several regional economies at a time of political transition. The lesson from the Asian financial crisis is that reformers were not interested in simple policy reform. Therefore we are monitoring the situation very closely.
