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'Pro-R&D measures good, but won't help SMEs much'

Published Sun, Feb 25, 2018 · 09:50 PM

Singapore

BUSINESSES and industry players have lauded the measures unveiled on Monday to spur innovation, saying they are much needed to maintain Singapore's global competitiveness as a research and development (R&D) hub.

But observers say that the measures are unlikely to move the needle for smaller businesses which are not keen to pursue innovation in the first place.