UOB economists flag two key challenges for Singapore SMEs

Singapore

IN A world of increasing uncertainty and protectionism, changes in the digital space and the rise of the Millennials will be key challenges for small and medium-sized enterprises (SMEs) here, said economists from United Overseas Bank at their 2017 outlook briefing.

These two areas are bigger concerns for Singapore to tackle even as the spotlight lately tends to be on the global economic slowdown and policy changes in the West, according to UOB chief economist Jimmy Koh.