Asian trade is booming

SS Teo is is the CEO of Singamas and president of PIL Transportation. The former's principal business is manufacturing [shipping] containers in China and the latter's is shipping. As such, Teo - who is a Singaporean - has a savvy handle on Asian trade flows. In this interview he notes that Asian trade is a lot more robust than many think and says among other things that the region experienced a shortage of containers this year, the first time this has happened since 1995-96.