SMEs positive about economic growth

CNA reports that small businesses across Asia-Pacific are optimistic about the economic outlook for the next six months, according to the HSBC Asia-Pacific Small Business Confidence Survey.

44 per cent of the companies surveyed said they expect current economic growth to continue, while another 26 per cent expect to see a pick up, despite global economic uncertainty.

Businesses in India are the most optimistic, followed by those in mainland China.

The survey was conducted by market research firm TNS in the second quarter of this year, covering more than 3,000 small businesses across 10 economies including Singapore, Bangladesh, mainland China, Hong Kong, and Vietnam.

Image Source CNA.
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