Growth can come from surprising places.
Several businesses are still forging ahead with their own strategic initiatives despite Singapore slipping back to Phase 2.
Both blue-chip companies and smaller enterprises are building the foundations for future prosperity.
It’s the right thing to do.
Astute management understands that downturns are part and parcel of the business cycle.
By taking concrete actions to fortify the business during tough times, these companies can ride the uptrend once the economy recovers.
Here’s a list of three companies that are pushing ahead despite the challenges.
Singapore Technologies Engineering Limited (SGX: S63)
Singapore Technologies Engineering, or STE, is a global technology, defence and engineering group serving customers in more than 100 countries.
The group has offices across the world and serves a variety of segments including aerospace, smart city and public security.
STE has continued to clinch new contracts worth more than S$1.5 billion in the first quarter of 2021 (1Q2021)....