SCLGLinkJune2016 | Page 7

Editorial UK leaves EU has been news all around—I myself happened to be in United Kingdom watching and discussing the progress of referendum and its immediate impact on local and global economy. Of course UK currency depreciated significantly and stock market went downwards and as well recovered again. Business houses like Vodafone and EasyJet reported to relocate their headquarters outside UK. Our analysis suggests that there could be 2nd referendum in UK to “Leave” and “Remain” in EU and slowly a win-win situation will emerge. I also subscribe to viewpoints that unnecessary negative reactions to BREXIT should be discouraged and avoided by all business and individuals. Kanchan R. Vora [email protected] Director SCLG Kanchan R. Vora [email protected] Contributing Editors Ali Al Jallaf Dr. K.M. Madrecha Ravi Subramanyam Art/Production Mary Grace Sales Production Assistant Fritzie Gay Balasuela Photographer Biju Advertising & Marketing [email protected] of Supply Chain and Logistics Group (SCLG). The opinions and views contained in this publication are not necessarily those of SCLG. Readers are adviced before acting on information contained in this magazine, which is for general use and may not be appropriate for the reader’s particular circumstances. No part of its contents thereof maybe reproduced in any form without the permission of SCLG in writing. PRODUCTION AND CONTENT CO-ORDINATION Supply Chain and Logistics Group (SCLG) P.O. Box 124907, Dubai (U.A.E.) Telephone : +971 4 2877184 Email : [email protected] June 2016 7