Internationalisation is key for businesses: SBF chief

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SINGAPORE – Expanding into overseas markets at a time when the business environment is uncertain might seem daunting, but it is a non-negotiable for firms, said Singapore Business Federation (SBF) chairman Mark Lee. In an interview with local media on Aug 3, Lee called on businesses to “double down on diversification” in an operating environment made more complex by US tariffs and wars in regions such as the Middle East. “The markets that you operate in today may no longer be that tenable due to tariffs or the fact that there would be certain barriers. What these barriers are, no…

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