Singapore SMEs' business optimism hits lowest since 2009: Poll
They expect less business activity in coming six months; business services and construction seen as most resilient
Singapore
SMALL and medium-sized enterprises (SMEs) in Singapore, hit hard by the Covid-19 outbreak, are nursing the lowest levels of business optimism since 2009.
The SBF-Experian SME Index (formerly the SBF-DP SME Index), which tracks business expectations among SMEs, registered a historic low of 48.3 for the upcoming two quarters of this year.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.