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SGX panned as a place to raise funds in 2015

Association which says it represents nearly 30 listed firms urges Singapore businesses to consider markets abroad

Citing non-oil export and industrial production data, it said it expects the Singapore economy to "weaken further" this year and drag on the stock market.


AN advocacy group has suggested that businesses consider overseas markets and non-equity funding to raise capital, as it expects a lacklustre 2015 for the Singapore stock market.

The Small and Middle Capitalisation Companies Association (SMCCA), which says it has a