PREPAREDNESS FOR COVID-19
Management is closely monitoring the situation also in the Philippines as well the implications caused by COVID-19. We are aware there is a real risk of infection and disruption of business. Fracht Shanghai is updating us on a daily bases. There are signs that in China the worse might already be over, yet the economic impact might be felt for quite a while. We are closely following announcements by the local authorities and all instructions are strictly enforced within the company as well as in our dealing with our customers, partners and agents. The nature of our business allows...
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