No longer business as usual for SMEs
Firms encouraged to boldly embrace new business models to ride on opportunities and pursue sustained growth
Singapore
THE year 2016 has certainly not been kind to many of the small and medium-sized enterprises (SMEs) in Singapore. Many are feeling the triple whammy of weak economic growth, technological disruptions, and the reverberating effects of the oil-and-gas downturn.
And, right now, it doesn't look like 2017 will be much better.
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