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
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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Indonesia to drive the growth of Asean’s green economy: PM Lee
Vietnam April exports up 10.6% y/y, industrial output up 6.3%
Inflation overshadows US economic resilience, hurting Biden
South-east Asia heat wave shuts schools, stokes power demand
Star Entertainment chair Foster steps down, adds to management exodus
Fading bets of early RBA cuts frustrate Albanese reelection plan