Prospects for SectorGrimley: I think it's clear that as an equipment supplier at a time of great volatility and uncertainty we are subject to a risk that projects and pending orders will be put on hold for a period of time. If as an organization you sell more to the balance sheet that to the P&L then normally you are the first to see the effects of an economic downturn. However I am still optimistic that any slowdown in food and beverage in Southeast Asia will, at least in Asia be limited. The existing and future development potential of this market, especially when linked with the immediate and growing consumer demand for food safety, traceability and transparency in manufacturing process means that producers of, and suppliers to high quality products will still gain significant growth. I believe the biggest risk to equipment suppliers in the short term will be an added pressure to prices in the market, which could have long-term effects on margins and put some smaller players at risk. O-Yang: The international financial tsunami wrecks nearly all kinds all kinds of business. Even the sales amount of some food manufacturers still increase, but their profit is much lower than before. Hence, most of them are afraid of investing new production facilities. Shi: Prospects for 2009 could be the worst or the best in this industrial chain ?opportunities exist in both circumstances. In both cases, CSE will keep on investing in improving product quality of our equipment. For Southeast Asia, in particular, we plan to establish our new sanitary tube line in Thailand. Ong: No doubt that the financial situation has an impact on the business sectors across the board. However, we tend to look at the long term and have been enjoying sufficient growth in the Asia region. Our strategy to increase manufacturing resources has enabled us to respond to changes in the market; this will benefit our potential investors in the future because we can still offer competitive solutions, including service during volatile situations. Geffrault: We observed a market droAir Jordan Westbrook 0.2
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