You are here

SINGAPORE ECONOMY

Govt SME loan schemes have positive impact on firms' topline: MTI study

Enhanced micro loans had most impact - for each dollar received, revenue rose about S$8.30-S$12.20 a year later

BP_SGcbd_250518_8.jpg
Enterprise Singapore's loans to small and medium-sized enterprises (SMEs) had a positive impact on their revenue, possibly by helping with their working capital needs to increase sales, according to a study from the Ministry of Trade and Industry (MTI) on Thursday.

Singapore

ENTERPRISE Singapore's loans to small and medium-sized enterprises (SMEs) had a positive impact on their revenue, possibly by helping with their working capital needs to increase sales, according to a study from the Ministry of Trade and Industry (MTI) on Thursday.

It was...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes