BUSINESSMay 11 · 11:07 UTCBLOOMBERGYongchang Chin, Alfred Cang, Rong Wei Neo

Hengli’s Former Singapore Arm Dismisses Staff After US Sanctions

Hengli's former Singapore arm has dismissed staff due to US sanctions imposed by the US Treasury Department. The move is a result of the economic penalties. The situation affects Hengli's operations.

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HengliorganizationUS Treasury DepartmentorganizationSingaporeplace

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