By Francis Chan

THE Singapore Government is giving small and medium-sized enterprises (SMEs) a $200 million boost to help them through the dark days of recession.

The money can be used to fund a range of projects, including upgrading IT systems, designing new products or devising new branding.

Called Business Upgrading Initiatives for Long-Term Development (Build), the scheme will increase funding assistance for what are termed 'capability development' programmes.

For more The Straits Times stories, click here.