Business research and development spending has increased significantly, with a 64 per cent rise. The total spending is now at S$9b.
This information is part of the inaugural RIE2025 report card. Further details about the report can be found at edb.gov.sg.
The report card provides insight into business R&D spending, with the notable increase being a key finding. For more information, readers can visit the edb.gov.sg website.
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