Small and medium-sized enterprises (SMEs), especially those engaged in cross-border trade, are facing challenges in the current geopolitical and economic environment, including tougher trade barriers, market access uncertainty, potential supply chain disruption, currency exchange volatility and the threat of rising costs.
However, companies that are supported by the right partner that can offer them in-depth insights into major market investment trends and sophisticated technological and financial support will be able to transform these challenges into opportunities to help expand their businesses.
Last month more than 120 company executives and entrepreneurs gathered in Singapore for the half-day “Superconnections: The Business Opportunities Between SEA (Southeast Asia) & China” forum, which
explored how SMEs can maximise their growth potential by leveraging the city state’s strategic position as a launchpad into Southeast Asia and China.
Leaders in banking, investment and regional trade policy shared expert insights during a panel discussion which highlighted the Lion City’s status as a global financial hub with a state-of-the-art infrastructure and strong connectivity with its fellow members of the Association of Southeast Asia Nations (Asean) and China.
The event, organised by Standard Chartered in collaboration with the South China Morning Post, also included a presentation on macroeconomic and investment outlook and a networking luncheon which enabled guests to connect with other like-minded executives and entrepreneurs.