According to the inaugural SME Market Study by Hong Leong Finance (HLF), nearly three-quarters of small and medium enterprises (SMEs) cited stiff competition as a key challenge, and sales growth as one of their main priorities. The survey polled over 120 local SMEs on their key challenges and business priorities, adoption of digital technologies for enhancing work productivity, as well as the types of value-added services they wish to receive from financial service providers.

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