Impact from Indonesia's plan to cut Singapore fuel imports limited: Analysts
Indonesia’s plan to cut oil imports from Singapore amid US tariff talks may pressure trade flows, but experts here say the impact will be limited. This is as diversification of the economy into areas like technology and manufacturing will still prop up growth. Still, they caution that spare capacities may have secondary effects on the transport and storage services and wholesale trade sectors. Nadirah Zaidi has more.
Indonesia’s plan to cut oil imports from Singapore amid US tariff talks may pressure trade flows, but experts here say the impact will be limited. This is as diversification of the economy into areas like technology and manufacturing will still prop up growth. Still, they caution that spare capacities may have secondary effects on the transport and storage services and wholesale trade sectors. Nadirah Zaidi has more.
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