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Singapore SMEs positive on expansion this year, but less keen to digitise: QBE survey

Michelle Zhu
Michelle Zhu • 2 min read
Singapore SMEs positive on expansion this year, but less keen to digitise: QBE survey
SINGAPORE (Jan 29): Small-medium enterprises (SMEs) in Singapore are more optimistic than ever about their businesses and overall economy coming into 2019, finds a recent study conducted by Australian insurance provider QBE Insurance.
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SINGAPORE (Jan 29): Small-medium enterprises (SMEs) in Singapore are more optimistic than ever about their businesses and overall economy coming into 2019, finds a recent study conducted by Australian insurance provider QBE Insurance.

According to the fourth edition of the annual survey of Singapore SMEs, 44% of respondents polled in Nov 2018 were expecting their businesses to pick up over the next 12 months with almost half (47%) saying they intended to internationalise.

39% were also of the opinion that Singapore’s economy will pick up over the same period.

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