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- Many businesses have been badly hit by the pandemic and struggling to keep afloat, especially the smaller ones
- Did you know that SMEs make up 99% of all our companies, employ 72% of our workforce and contribute 48% to our GDP? [Source: UOB]
- While they are important, they are more vulnerable during economic downturns compared to large corporates.
- So it’s important we continue to support local small businesses and keep them and everyone depending on them afloat, and we as customers can continue to enjoy our favourite stores!
- Get in touch with us today and we’ll be happy to give you a shoutout!
Note: SMEs generally defined as companies with annual turnover <S$100m, or employ <200 workers