Singapore’s SMEs are ever more fearful of 2017. What are they doing about it?

SINGAPORE (Nov 25): The government’s outlook on Singapore’s economy has once again taken a turn for the worse, as demonstrated by the Ministry of Trade and Industry’s (MTI’s) narrowed economic growth forecast announced on Thursday.

Hence, it comes as no surprise that the city state’s small medium enterprises (SMEs) should adopt an even dimmer view of their own.  

(See also: Singapore narrows 2016 growth forecast to 1-1.5%)

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