US$40m investment fund for SMEs in Singapore and S Korea launched
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Mindy Tan
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Singapore
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 Wednesday, the same day that KVIC opened its third overseas office in Singapore, after the US and China.
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