Businesses optimistic about global expansion

By Adeline Teoh · 21 April 2009 · Locked

Australian Businesses Eye Global Expansion Despite Downturn

Despite the global economic slowdown, Australian companies are doubling down on their international ambitions. But what's driving their optimism, and what does it mean for the future of global trade?

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Summary

Australian businesses remain optimistic about overseas operations despite the global downturn, according to results from the Export Finance and Insurance Corporation’s (EFIC) second annual Global Readiness Index, which charts the international experiences of Australian companies. Respondents from more than 80 percent of companies with offshore operations indicated they plan to expand them; more than 40 […]

Tags: Credit Crunch, Global Downturn, international, Offshore Operations