Singapore’s small and medium-sized businesses are the least upbeat about overseas expansion among 11 markets surveyed as geopolitical tensions cloud the outlook, said Kreston Global.
Business leaders in the city-state gave a 7.2 out of 10 score for their optimism about international expansion compared with 8.2 globally, according to the report released Thursday by accounting group Kreston.
“While the outlook remains broadly positive, the finer details in the data tell a more nuanced story: businesses grappling with the challenges of AI, tariffs, and geopolitical instability,” Kreston Chief Executive Officer Liza Robbins said in the report. Supply-chain disruptions and the ...
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