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Business prospects dim for second half; small firms to be badly hit

Survey period coincides with concerns over trade war, property cooling measures and release of advance Q2 GDP estimates

Published Tue, Aug 7, 2018 · 09:50 PM

Singapore

BUSINESS conditions took a turn for the worse in the second quarter, following two straight quarters of rapid growth, according to the latest Business Times-Singapore University of Social Sciences (BT-SUSS) Business Climate Survey.

This comes as optimism over future prospects in the next six months dimmed, setting the stage for a more volatile second half of the year.

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