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SMEs won bulk of public tenders in H1 2014

SMEs need to be more proactive in managing balance sheets to tender for public projects: study

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Small and medium-sized enterprises (SMEs) in Singapore have been successful in securing public projects, with 79 per cent of the contracts awarded by all ministries having gone to SMEs rather than MNCs in the first half of 2014, a study by analytics firm VSC showed.

Singapore

SMALL and medium-sized enterprises (SMEs) in Singapore have been successful in securing public projects, with 79 per cent of the contracts awarded by all ministries having gone to SMEs rather than MNCs in the first half of 2014, a study by analytics firm VSC showed.

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