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Revenue chasm widens between Singapore's large corporates and SMEs

Turnover of top 1,000 firms hits S$3t from S$2t in 3 years; top 1,000 SMEs manage 2.9% year-on-year rise

Mindy Tan

Published Thu, Feb 25, 2016 · 09:50 PM

Singapore

THE combined revenue of Singapore's top 1,000 companies has hit the S$3 trillion mark in double-quick time, even as small and medium enterprises (SMEs) are hampered by headwinds, according to the latest S1000 and SME1000 rankings.

These top corporates crossed the S$2 trillion mark just three years ago; comparably, it took them six years to move from the S$1 trillion milestone in 2007 to the S$2 trillion mark in 2013.

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