Hong Kong SMEs concerned about numerous business risks, but few invest in protective measures, unearths QBE annual survey
Around one-third of businesses are concerned about the financial fallout from business interruption, loss of key staff, and equipment breakdown — while only about one quarter hold insurance policies that cover these. Attention to workplace safety...
Hong Kong SMEs face rising business costs and rapidly evolving cyber risks, while AI is thought to significantly impact business productivity, finds QBE Hong Kong annual SME survey
Almost 60% of survey respondents say increased costs and reduced profitability is a challenge, with about half finding cash flow and access to funding a challenge. To counter these issues, many continue to implement a wide range of measures,...