CPA Australia Survey: Filipino small business tops Asia-Pacific 2023 growth forecasts amid high inflation

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Media Outreach
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  • Philippines’ small businesses top growth forecast for second consecutive year.
  • Seven-in-10 found investment in technology improved profitability in 2022.
  • Rising costs, particularly materials, were most detrimental to businesses.

MANILA, PHILIPPINES – Media OutReach – 9 May 2023 – Nearly nine-in-10 Filipino small businesses expect to grow this year, with technology investment driving momentum. That’s according to a new survey by one of the world’s largest professional accounting bodies.

cpaaustralia.com.au