SINGAPORE, April 13 (Bernama-BUSINESS WIRE) — Singapore businesses have a cautious economic outlook, as new data from global fintech Airwallex reveals 7 in 10 small and medium-sized enterprises (SMEs) here are bracing for a potential recession within the next two years.
The independent research1 considered the challenges SMEs in Singapore would face amid the current economic uncertainty, how they would get around them, and how fintechs could support their future growth.