Asian SMEs optimistic about business operation
Posted by Bao Viet Nam on July 17, 2008
– A lot of Asian small- and medium-size enterprises (SMEs) are still optimistic about their business operation and are following plans on business expansion, a Hong Kong and Shanghai Banking Corporation (HSBC) survey has found.
According to the HSBC’s survey of more than 3,000 businesses in China, Bangladesh, Singapore, India, the Republic of Korea (RoK), Malaysia, Indonesia and Vietnam, most of businesses believe that their national economies will attain economic growth rates equal to or higher than those of 2007.
They also added that they will maintain the current staffs or employ more staffs, and make heavier investments.
The survey showed that Indian businesses are the most optimistic, while those of the RoK showed lower optimistic viewpoints, which is due to the unstable economic and political situation in the country.-
