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Firms less confident as they move into new year

The wholesale trade and financial services sectors are the most pessimistic about Q1 2017

Within the trade sector, the pessimistic outlook is due to weakness in the wholesale trade of oil, petroleum and petroleum products.


BUSINESS confidence in the Republic has worsened as Singapore Inc heads into the new year, with trade and financial sector players the most pessimistic among all businesses, an index showed on Monday.

According to the Singapore Commercial Credit Bureau's (SCCB) latest...