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SMEs still upbeat about rest of the year, but trade tensions weigh on sentiment

Business Services sector most optimistic; Retail/F&B most improved in business outlook

Published Tue, Jun 19, 2018 · 09:50 PM

Singapore

SINGAPORE'S small and medium-sized enterprises (SMEs) remain upbeat about their prospects for the second half of this year, but caution has crept in as a result of the ongoing US-China trade tensions.

The Singapore Business Federation-DP (SBF-DP) Info SME Index dipped marginally from 51.8 to 51.5 in its latest poll, indicating a slight easing of optimism among these smaller businesses. A score of above 50 indicates an expectation of growth, and one below 50, an expected contraction.

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