About 60% of SMEs unsure or have no plans to internationalise: survey
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Singapore
SIXTY per cent of small and medium-sized enterprises (SME) here are unsure or have no plans to expand overseas in the next 2 years as they continue to feel the pinch from the Covid-19 pandemic, a survey found.
In a survey by QBE Insurance of more than 400 SMEs, which was conducted in the fourth quarter of 2021, a majority revealed that internationalisation is still on the backburner for them in the next 12 to 24 months.
