Healthy business outlook for 2019, two surveys find

A survey of small-and medium-sized enterprises (SMEs) found that 38 per cent said they expect to expand their businesses this year, with around half of them intending to venture overseas, many for the first time.
A survey of small-and medium-sized enterprises (SMEs) found that 38 per cent said they expect to expand their businesses this year, with around half of them intending to venture overseas, many for the first time.PHOTO: ST FILE

Smaller firms keen to expand overseas, big players post record-breaking profits

Business is on a high for companies across the corporate landscape, with smaller firms keen to expand overseas while the big players reap ever higher profits.

The rosy picture was outlined in two reports, released on Tuesday, that point to a healthy business outlook for this year, despite an expected slowdown owing to global economic uncertainties.

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A version of this article appeared in the print edition of The Straits Times on January 31, 2019, with the headline 'Healthy business outlook for 2019, two surveys find'. Print Edition | Subscribe