Singapore SME sentiment at its lowest since 2013

Singapore

SMALL and medium-sized enterprises (SMEs) in Singapore continue to feel the squeeze, bogged down by uncertainties in the global economy, a tough operating environment at home and hiring pressures.

An index of business sentiment set up by the Singapore Business Federation (SBF) and the DP Information Group has indicated that business confidence among SMEs is at its lowest ebb since early 2013.

The SBF-DP SME Index, which measures SMEs' business sentiment for the next six months, has recorded a third consecutive quarter of fal…