With this kind of downward spiral on business, it is important to rethink your strategy to ensure businesses stay afloat during this pandemic. In such a scenario, one should strongly consider setting up alternative suppliers, including local suppliers even if more expensive. With the Covid-19 restrictions, his business has been greatly affected by the current import bans. If your business revolves around importing and exporting, this is not the time to close shop or give up on your business. Take this time to familiarise yourself with all the processes and all requirements to import so as to grow your business.

Source: The Star June 14, 2020 12:22 UTC