American Express research shows over 70% of Singapore businesses expect 2022 revenue to recover to pre-pandemic levels; 57% of consumers to resume pre-pandemic spending
Amex Shop Small back for the third year to continue supporting local businesses SINGAPORE, Aug. 1, 2022 /PRNewswire/ -- While businesses are optimistic in 2022, consumers are more cautious, revealing headwinds may be on the way for the second half of the year. This is accordingto the third Shop Small Research for Singapore conducted with 304 local business leaders in May 2022, which for the first time also included 510 consumers to understand their spending habits and sentiments. Almost three in four businesses (73%) expect annual revenue to recover to or exceed pre-pandemic levels, compared w...
Source: philippinetimes.com