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Singapore SMEs' business optimism hits lowest since 2009: Poll
They expect less business activity in coming six months; business services and construction seen as most resilient
Published Thu, Apr 2, 2020 · 09:50 PM
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Singapore
SMALL and medium-sized enterprises (SMEs) in Singapore, hit hard by the Covid-19 outbreak, are nursing the lowest levels of business optimism since 2009.
The SBF-Experian SME Index (formerly the SBF-DP SME Index), which tracks business expectations among SMEs, registered a historic low of 48.3 for the upcoming two quarters of this year.
A readi…
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