So, how can the TMT industry ride out the turbulence and thrive? “A lot of the TMT businesses Grant Thornton works with are born global,” Watson says. Shy of moving their entire headquarters, mid-sized TMT businesses can also benefit from this by moving research-and-development (R&D) activity near these centers. “The TMT industry is typically cyclical, and mostly in line with global economic sentiment. Thinking longer-term can help businesses ride out uncertainty.”With tech investment intentions broadly healthy across the mid-market, TMT businesses have a real opportunity to respond.

Source: Manila Times December 24, 2019 16:44 UTC