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US$40m investment fund for SMEs in Singapore and S Korea launched

GOOD SYNERGY: Opportunity to draw more Korean companies to use Singapore as a base for expansion into South-east Asian market, says Ms Patsy Ong.


SINGAPORE and South Korea small and medium enterprises (SMEs) can tap a new US$40 million investment fund, following the signing of an MOU by Singapore's Adval Capital and the South Korean government's Korea Venture Investment Corporation (KVIC).

The MOU was signed on