MARKET UPDATES :
MORE small- and medium-sized enterprises (SMEs) in Singapore are expanding overseas to seek sustainable revenue growth, this year’s DP SME Development Survey has found.The proportion of Singapore SMEs with overseas revenue increased in 2014 to half, after having declined last year to 46 per cent from 54 per cent in 2012. This year’s increase was seen across all turnover ranges – an indication that SMEs of all sizes are looking beyond Singapore for growth opportunities. Said Jacelyn Teo, the group director for planning in International Enterprise (IE) Singapore.
STOCK RECOMMENDATION :
BUY CITY DEVELOPMENT LTD ABOVE 18.170 TG 18.270, 18.320, 18.490 SL 18.050
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MORE small- and medium-sized enterprises (SMEs) in Singapore are expanding overseas to seek sustainable revenue growth, this year’s DP SME Development Survey has found.The proportion of Singapore SMEs with overseas revenue increased in 2014 to half, after having declined last year to 46 per cent from 54 per cent in 2012. This year’s increase was seen across all turnover ranges – an indication that SMEs of all sizes are looking beyond Singapore for growth opportunities. Said Jacelyn Teo, the group director for planning in International Enterprise (IE) Singapore.
STOCK RECOMMENDATION :
BUY CITY DEVELOPMENT LTD ABOVE 18.170 TG 18.270, 18.320, 18.490 SL 18.050
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