Singapore business sentiment slips for 3rd straight quarter
Findings of the Business Optimism Index unsurprising, with weaker demand and China's slowdown: SCCB chief
Add BT as a preferred source
Singapore
SINGAPORE businesses are less confident about prospects for the second quarter of 2019, making it the third straight quarter of waning sentiment, going by the latest quarterly Business Optimism Index released on Tuesday by the Singapore Commercial Credit Bureau (SCCB).
The overall index came in at +5.08 percentage points for Q2 2019, down from the +7.19 percentage points in Q1 2019. On a year-on-year basis, the index moderated further, from the +8.50 percentage points in Q2 2018.
TRENDING NOW
Asia-Pacific aviation: is up really the only way?
Philanthropy should belong in the family wealth conversation: Standard Chartered Global Private Bank
Russia’s ‘pivot to Asia’ takes a turn as it prioritises ties with isolated regimes over bigger economies
Income Insurance CEO Andrew Yeo resigns, company in process of identifying successor
