Q4 business sentiment positive: D&B

[SINGAPORE] The stars are aligned for businesses here, it seems. Despite a sputtering global economy, business sentiment remains positive for the final quarter of the year, said Dun & Bradstreet (D&B) Singapore's latest Business Optimism Index (BOI).

"Despite potential downside risks and uncertainties over the tapering of quantitative easing in the US, the outlook for Singapore is on course to remain positive for Q4," according to the BOI released yesterday.

It said all six leading business indicators are in the expansionary region for Q4, compared with five in the previous quarter.

The six indicators are net profits, volume of sales, inventory levels, selling prices, new orders and employment.

For Q3, five indicators were in expansion mode with selling prices unchanged, said Eugene Tan, D&B Singapore's marketing communications and product manager.…