SMEs grapple with rising costs, stiff competition: survey
SCCCI survey of 710 respondents, mainly SMEs, shows rental costs have eased but compliance costs rose
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Singapore
THE recent economic data in Singapore may paint a rosy picture, but a recent report found that small and medium-sized enterprises (SMEs) are not out of the woods yet.
The Annual Business Survey 2017 by the Singapore Chinese Chamber of Commerce & Industry showed mixed findings; business sentiment may have gone up marginally, but more SMEs face rising business costs compared to the year before.
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