SMEs optimistic for H2, but less than past years
Survey finds overall sentiment improved in all sectors except commerce and trading
Singapore
SINGAPORE'S small and medium enterprises (SMEs) are cautiously optimistic about the third and fourth quarters of 2019 - though gloomier than they have been about any other second half in recent years, according to a quarterly survey.
The SBF-Experian SME Index rose marginally to 50.8 in the latest quarter, from 50.4 the quarter before. A reading above 50 indicates that companies expect business to improve in the next six months, while a reading below 50 indicates that they expect lower business activity.
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