The research also found that six in 10 organisations in APAC are keen to expand overseas,
be it within the region or in global markets. Of these, more than half plan to begin within the next 12 months.
Six in 10 organizations recently surveyed in APAC are keen to expand overseas, be it within the region or in global markets, new research has revealed.
This research, conducted by Telstra and published on 23 March 2021 (Tuesday),
involved more than 400 business leaders across seven markets including Australia, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
Of the leaders who indicated an intent to expand their business overseas,
more than half said they plan to execute their plans for expansion within the next 12 months, even in light of the COVID-19 pandemic.
Within Asia, three markets – China (39%), Japan (32%) and Singapore (29%),
emerged top as potential expansion markets, as organizations see these markets as having strong growth potential and digital readiness.