Healthy business outlook for 2019, two surveys find

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

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

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.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

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'. Subscribe