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Singapore firms' R&D spend has lifted productivity: MTI economists

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Annabeth Leow

Annabeth Leow

Published Thu, Nov 21, 2019 · 09:50 PM
    Boom time for tech

    Singapore

    SINGAPORE firms' research and development (R&D) investments are bearing fruit in productivity gains, according to a group of Ministry of Trade and Industry (MTI) economists.

    Meanwhile, the dollar impact of R&D spend has also risen in tandem with boosts from national Science and Technology (S&T) and Research, Innovation and Enterprise (RIE) plans.

    Singapore economyInnovation

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