Big firms prefer China, small ones eye RI<\/p>\n
Deutsche Presse-Agentur, Singapore<\/p>\n
Bigger companies in Singapore contend the China market offers the
\nbrightest business prospects for the next six months, but smaller
\nfirms are more optimistic about Indonesia and Malaysia, a survey
\nshowed on Tuesday.<\/p>\n
The Business Times-GBI poll revealed 21.2 percent of larger
\nSingapore companies were upbeat on China. India and the United
\nStates trailed, each with 12.9 percent.<\/p>\n
Smaller companies viewed Indonesia and Malaysia as their most
\npromising markets. Each of those countries drew 23.8 percent in
\nthe poll. China garnered 19 percent of the smaller firms queried.<\/p>\n
The survey asked companies across a range of industries and
\nsectors about where business opportunities will be best in the
\nsecond half of the year.<\/p>\n
The results, published in the Business Times, showed China was
\nseen as offering the best prospects when all the companies'
\nresponses were grouped together with 20.8 percent. Indonesia came
\nnext with 14.2 percent, then Malaysia with 13.2 percent.<\/p>\n
Smaller firms \"have had a relationship with Indonesia and
\nMalaysia for a longer time, and China is relatively new,\" survey
\nproject director Chow Kit Boey was quoted as saying.<\/p>\n
\"Since many firms are going to China, smaller firms may feel
\nit is more difficult to compete there,\" she added.<\/p>\n
In terms of sectors, China was tops for commerce, transport
\nand communications. The United States was seen as the most
\npromising market for manufacturing.<\/p>\n
Malaysia was regarded as having the best business prospects
\nfor construction companies. Financial- and business-services
\nfirms were most excited about India, the survey showed.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/big-firms-prefer-china-small-ones-eye-ri-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}