Employment outlook for Q4 worsens among firms in Singapore
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
EMPLOYMENT expectations among businesses in Singapore have taken a turn for the worse for the last quarter of this year, while the overall business sentiment remains downbeat.
On Tuesday, the Singapore Commercial Credit Bureau's (SCCB) latest quarterly survey of 200 business owners and senior executives showed the indicator for employment expectations declining to -13.19 percentage points in the fourth quarter, from -3.29 percentage points in the previous quarter. That level of sentiment is also the most negative for 2020.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore