SMEs expect higher sales in 2024 but fear impact of GST hike

Jewel Stolarchuk
Thu, 07 Mar 2024 02:00:07 +0000
Featured News, SGX, GST hike, Singapore business, SME

SINGAPORE: A recent report from QBE Singapore has revealed that six out of ten small and medium enterprises (SMEs) in Singapore are optimistic about higher sales in 2024, leading them to focus on strategic investments to navigate economic challenges. More than half of the SMEs projecting increased sales (52%) have prioritized staff training, recognizing the …