Speaking Of Asia

The colour of Asia's green shoots

It is too early to talk of a sustained Asian recovery, but companies that adapt and innovate are clearly set to be first off the starting block.

ST ILLUSTRATION: MIEL

Intrigued by Chasen Holdings' recent announcement to the Singapore Exchange that it had won $21 million worth of projects thanks to what it described as "an improvement in the regional economy", I went to see its management last week to learn more about its story.

Based in Jurong, Chasen, whose core business is the specialist relocation of high-value equipment used in electronics manufacturing and third-party logistics, is one of those small and medium-sized operations that have powered the East Asian economic miracle.

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A version of this article appeared in the print edition of The Straits Times on August 21, 2020, with the headline The colour of Asia's green shoots. Subscribe