Singapore companies look to Asean to pick up slack from trade war: HSBC
Singapore
THE United States-China trade conflict has dominated discourse for a year now, but Singapore businesses are not letting it get in the way of their future plans, even as the global growth outlook appears increasingly gloomy.
A survey by HSBC found that even though the trade war is still a concern, local companies are now looking to intra-Asean business activity to cushion themselves from the effects, with the majority expecting to grow in the next one to two years.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
NTUC aims to do more to support PMEs, who now account for nearly half its membership
Daily Debrief: What Happened Today (Apr 25)
Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF
Daily Debrief: What Happened Today (Apr 23)