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Singapore firms don't see skies clearing in next two quarters

But gap between pessimists and optimists narrowing, according to official quarterly surveys

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Shoppers outside Bedok Mall. Firms in the retail trade expect to hire more staff ahead of the upcoming year-end holidays and festive season.

Singapore

SINGAPORE firms expect business conditions to be worse in the next two quarters compared to the third quarter of 2020, though the gap between pessimists and optimists has been narrowing, according to official quarterly surveys on Friday.

The improvement was clearest in...

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