Managing Risks in Challenging Times

Since the Global Financial Crisis of 2007-2008, the global economy has never really returned to normal. While the global economy has improved, these are still challenging times for businesses.

The decline in oil and commodity prices, the slowdown of manufacturing output in China, slow growth of the major economies around the world and unfavourable exchange rates especially with the decline of the Ringgit against major currencies all contribute to much economic uncertainty and a challenging environment for Malaysian businesses.

At times like this, the risk of doing business increases. As a business owner, do you know what your key risks are and are you prepared for them? There are various categories of risks that a business may face and understanding them is probably a good place to start. Continue reading >>>