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SMEs to spend more to raise productivity: study

Construction firms' capital investment index is highest

[SINGAPORE] Even as consumers descend on malls with Christmas gift lists in hand, small and medium enterprises (SMEs), too, have gone shopping.

A new study has revealed that SMEs in Singapore are expecting to spend more on new technology and assets to improve productivity and combat rising business costs.

In particular, construction-engineering firms will be the most active in investing in solutions to mitigate the impact of the Republic's foreign worker policies. The sector is among the hardest hit...

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