Singaporeans Have Little Interest in Globalizing

©iStock/f9photos

Ouch.  Almost half of Singaporean small to medium enterprises (SMEs) have no interest in globalizing and taking their business beyond Singapore in the near future.

According to a survey [by global insurer QBE] of SME bosses, 45% said that they will not explore expansion across borders – a figure which rises to 56% for smaller SMEs. Just 14% indicated their intention to internationalize.

Read more about how half of SMEs in Singapore are uninterested in expanding overseas.

from The Global Small Business Blog http://ift.tt/2GAacZN