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More SMEs seeking help to venture overseas as interest in region rebounds after reopening
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Minister for Trade and Industry Gan Kim Yong meeting business leaders from Singapore and Indonesia when he visited the Singapore Enterprise Centre@Jakarta in May 2022.
PHOTO: SINGAPORE BUSINESS FEDERATION
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SINGAPORE – More home-grown small and medium-sized enterprises (SMEs) are seeking help from the Singapore Business Federation (SBF) to venture overseas as economies in the region reopen.
Data tracked by the apex business chamber showed that the number of advisories issued to SMEs in 2022 rose by over a third against the previous year, while the number of projects SMEs successfully concluded overseas surged by just under 138 per cent over the same period.
