Prospects for SME growth this year rest on success of China’s reopening: OCBC

SINGAPORE’S small and medium-sized enterprises (SMEs) barely stayed in growth territory in OCBC’s latest quarterly index of their performance, and their prospects this year will depend on how China’s reopening pans out, said OCBC’s head of global commercial banking Linus Goh.

“If China is all humming and clicking as it had been before, then it will be quite a significant influence on growth, not just for Singapore but also for the region,” said Goh in an interview with The Business Times.

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