In The Straits Times' The Big Story, a survey by the Singapore Chinese Chamber of Commerce and Industry found that some 57% of Singapore businesses saw their costs rise in 2021, nearly double the 28.8% who did so last year.

Multimedia journalist Hairianto Dirman spoke to President of the Association of Small and Medium Enterprises Kurt Wee to find out more about the survey findings.

See omnystudio.com/listener for privacy information.