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About 1 in 2 firms earn over 40% of their revenue from overseas: Poll

The Straits Times LogoThe Straits Times3h ago

About 1 in 2 firms earn over 40% of their revenue from overseas: Poll - The Straits Times

Quick Summary:

The SBF’s annual national business survey also found that more firms are planning to expand overseas in 2024.

For SMEs, they may be constrained by manpower, funding, business connections and expertise in the countries they want to expand to.“Support from the government body or trade association is important, as most SME members may not have enough resources or the network to navigate through the market’s challenges.

SINGAPORE – Increasing numbers of firms in Singapore are earning a significant share of their income from overseas markets, noted a new survey.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 17:50:20 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 716 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23583714

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About The Straits Times

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 18 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #25

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