HK SMEs gloomy, eye recovery after 2010 - UPS

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HK SMEs gloomy, eye recovery after 2010 - UPS - Reuters

Small-to-medium enterprises (SMEs) in Hong Kong are pessimistic about a quick economic rebound, and anticipate a global economic recovery only after 2010, freight forwarder United Parcel Service Inc said on Tuesday.

In a bid to ride the economic storm, SMEs in Asia are tightening their cash management, reducing costs and exploring new revenues sources, a UPS survey said.
 
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