SME business confidence over next 6 months slips
SBF-DP SME Index shows sentiment here falling compared to last quarter, from 54.4 to 54.0
Singapore
SMALL and medium-sized enterprises (SMEs) are displaying a more wary sense of optimism, with the expectation that sales and profits will weaken over the next six months.
According to the SBF-DP SME Index, a six-month forward-looking index which measures the sentiments of SMEs, the level of business confidence among Singapore SMEs fell compared to last quarter, from 54.4 to 54.0.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month