SINGAPORE has surmounted many a problem through forward thinking and clever reinvention, earning a solid reputation as a shining beacon of innovation.
The sentiments of SMEs continue to improve with strong sales and profit performance expected in the next two quarters of the year.
Improved margins a sign of stronger economy
Singapore SMEs have improved their debt payment behaviour during the last three years, with the proportion of severely delinquent debts dropping from 25 per cent in 2014 to 14 per cent in 2017.
Prospects are looking up for Singapore SMEs with stronger sales and profits expected in the first half of next year.
Payment problems leading to cash flow concerns SINGAPORE, 20 November 2017 – SMEs are adjusting their business models and improving their productivity by investing in technology and streamlining their processes, causing their concern about manpower…
More than half of Singapore’s fastest growing companies are less than 10 years’old
At a reading of 50.6, the Overall Index has remainedin positive territory despite a dip of 0.3 points from last quarter’s survey
SMEs holding onto cash to fund growth and inventory expansion.
