Keep calm and carry on

The Business Times
View From The Top
Published: 4 July 2016

How do you think Brexit will impact your company’s business in the short and medium term?

THE Brexit shock sent financial markets plummeting in the immediate aftermath, and global confidence has been shaken.

While PrimeStaff does not have direct business dealings with the UK or EU, a chief concern is the long-term impact on the rest of the world, and the ripple effect on Singapore’s economy.

Investments around the world are likely to dampen due to the heightened uncertainty about the global implications of Brexit. Several swing factors bear watching as they have the potential to send financial markets into greater turmoil.

Hopefully, the fallout is contained and does not spread to Asia; otherwise Singapore businesses will also come under additional pressure in an already challenging business environment.

Ronald Lee
Managing Director
PrimeStaff Management Services Pte Ltd