With reference to Singapore, recommend and discuss how local government can support SMEs during the current crisis.
Across The Organisation for Economic Co-operation and Development (OECD), small andmedium-sized enterprises (SMEs) account for 99% of all businesses and between 50% and60% of value added. SMEs are particularly vulnerable during the crisis (OECD, 2020). Therestrictions put in place to tackle the Covid-19 epidemic directly and indirectly affect localbusinesses. Some businesses, such as restaurants...
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