18-03-2014, 09:49 AM
It is no surprise for construction and mining sectors, right?
Rajah & Tann tips stress for builders, miners as markets dip
Rajah & Tann LLP, Southeast Asia’s largest law firm, said construction and commodity companies in Asia may follow shippers into financial distress this year amid global market turbulence.
“The construction and commodities industries should be watched,” said Singapore-based Sim Kwan Kiat, who heads the firm’s business finance and insolvency practice. “The former because of rising costs and the latter because of volatility.”
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http://www.theedgesingapore.com/the-dail...s-dip.html
Rajah & Tann tips stress for builders, miners as markets dip
Rajah & Tann LLP, Southeast Asia’s largest law firm, said construction and commodity companies in Asia may follow shippers into financial distress this year amid global market turbulence.
“The construction and commodities industries should be watched,” said Singapore-based Sim Kwan Kiat, who heads the firm’s business finance and insolvency practice. “The former because of rising costs and the latter because of volatility.”
...
http://www.theedgesingapore.com/the-dail...s-dip.html