What is the definition of SME?

I believe all HR Personnel came across this question.

SME, as per the definition by Singapore (Ministry of Trade and Industry), refers to enterprises whose Annual Sales Turnover are not more than S$100 Million, or its employee size are not more than 200. This is actually a re-definition since 1st April 2011.

Reference can be found under my Page “Sources”:
Definition of SME

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