The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

Singapore business confidence improves further in Q3

Published Tue, Jun 6, 2017 · 02:06 AM
Share this article.

BUSINESS confidence in Singapore has displayed further signs of improvement for the second consecutive quarter in Q3 2017, according to the business optimism index study released by the Singapore Commercial Credit Bureau (SCCB) on Tuesday.

The index jumped from +2.66 percentage points in Q2 2017 to +3.58 percentage points in Q3 2017.

On a year-on-year basis, the index rose from +1.11 percentage points in Q3 2016 to +3.58 percentage points in Q3 2017.

SCCB said the transportation sector is the most optimistic sector for Q3 2017 with six business indicators in the expansionary zone.

Meanwhile, sentiment in the construction sector remained muted with only two indicators in the expansionary zone.

The financial sector is the least optimistic sector with none of the indicators in positive territory.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here