Despite inflation, rising costs, and a tight labour market, Singapore’s small and medium-sized businesses (SMBs) remain confident and committed to growth, according to a new report released by global business platform Xero. Six in ten SMBs (61%) reported being impacted by inflation and rising operational costs. Nearly half also cited shifting consumer demand (48%) and labour shortages (44%) as key concerns. Meanwhile, late customer payments emerged as a major challenge, with 91% saying these delays have affected their operations. https://sbr.com.sg/economy/news/singapore-smbs-stay-optimistic-despite-inflation-and-costs (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 26 June 2025