Small businesses here looking to hire despite economic challenges

Singapore

SMALL businesses in the Asia-Pacific region say they are going to grow their businesses and hire more staff this year, despite the current challenging economic times.

This was the key finding of a new study of eight Asia-Pacific countries conducted by global professional accounting body, CPA Australia. The Singapore segment of the findings was shared with The Business Times ahead of its official release.

Singapore was the seventh most optimistic country of the eight markets surveyed, with over half (51 per cent) of the respondents here saying that they expect their businesses to grow in the next 12…