CNA938 Rewind - Caught in the crossfire: How Singapore firms are feeling the heat from the Middle East conflict
As the conflict in the Middle East intensifies and the crucial Strait of Hormuz sees shipping grind to a halt, Singapore companies with ties to the Gulf are confronting broken supply chains, restricted flights, rising costs and delayed expansion plans. From logistics snarls to volatile oil-linked prices, the fallout underscores the ripple effects of geopolitical risk on our open economy. Andrea Heng and Hairianto Diman speak with Mya Hansrani, Owner, Bless Brothers – a furniture business in Singapore and Dubai, to find out more.