Tax-effective supply chain planning

On the part of the potential recipients of relocated operations in South-East Asia, there may also be challenges around the availability of skilled labour, a lack of extensive supplier networks compared to China, and lesser developed logistics infrastructure, except for Malaysia and Singapore.

COVID-19 has had an unprecedented impact on small and medium-sized businesses as well as large multinationals.

Notwithstanding this very challenging environment, businesses could take advantage of the uncertain times and leverage opportunities to review, reset and restructure certain sections of their supply chains.