64% of Singapore family businesses optimistic about growth for 2021; figure jumps to 90% for 2022
However, only 29% of family businesses feel they have strong digital capabilities
35% have developed a sustainability strategy
26% have documented a succession plan
Singapore, 7 April 2021 - In a year where businesses faced unprecedented challenges, Singapore family businesses are confident about turning the corner in the next two years. 64% are expecting growth this year, and a massive 90% e