Cash management remains a priority amid uncertainty for ASEAN SMEs
UOB’s latest business sentiment report reveals that half of small and medium-sized enterprises (SMEs) in ASEAN are confident about business growth, while cash management remains a top concern.
As pandemic restrictions ease across the globe and countries re-open their borders, about half of ASEAN SMEs are optimistic about the economic outlook, and three quarters plan to invest in regional growth. However, many remain wary of uncertainty triggered by new geopolitical events, inflationary pressures, and persistent supply chain shocks, a new report by UOB has found.
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