Local SMEs positioned to weather headwinds
The key is to build new capabilities and leverage technology, says discussion panel
Singapore
IT IS not all doom and gloom for the small and medium enterprises (SMEs) in Singapore as they are positioned to make the leap into the next phase of growth, even as global economic conditions are uncertain, a panel discussion said.
The key to staying ahead of competition from the region, as the emerging countries narrow the gap in productivity and efficiency levels, is to build new capabilities and leverage technology, three speakers noted.
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