Exporting to new countries means more opportunities but also greater risks. This goes way beyond the political upsets that have hogged the headlines in 2016.
When it comes to politics, 2016 has been quite a year. The UK’s vote to leave the European Union and Donald Trump’s improbable election as US president both confounded the pollsters and pundits, creating risks that seemed highly improbable not so long ago.
Brexit has bought into question the future of the world’s biggest single market; and while it is too early to say exactly where the US is heading, Trump has at least announced that it will not be signing the Trans-Pacific Partnership (TPP).
Exporting to new countries means more opportunities, but also greater risks. This is especially true when it comes to political and regulatory risks, which are bigger issues than they were a year ago.
So, what are corporations across Asia to make of the year of change? And are risk managers ready?
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