Dun & Bradstreet

Asean SMEs signal intention to invest more in tech to boost business

SINGAPORE (Feb 12): Small and medium enterprises (SMEs) in Singapore and the Asean region see the need to invest more in technology in order to succeed under increasingly challenging conditions, according to a study shared today by United Overseas Bank (UOB), EY, and Dun & Bradstreet.

According to the ASEAN SME Transformation Study, 60% of Asean SMEs say they will focus their investments on technology in 2018 to help drive business performance. This will take precedence over investments in other fixed assets, such as factories and machinery.

Delayed payments from customers remains key challenge for SMEs: SPRING survey

SINGAPORE (Dec 18): Managing delays in customer payments remains as a key finance-related challenge for Singapore's small-medium enterprises (SMEs) even with easy access to debt financing, according to recent findings from the 2017 SME Financing Survey by SPRING Singapore. 

Now in its second edition, the 2017 SME Financing Survey involved over 1,800 SME respondents across various industries, revenue bands and stages of development, and was conducted by SPRING Singapore in partnership with Dun & Bradstreet between June and Sept this year.

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