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
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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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