Singapore business sentiment slips for 3rd straight quarter
Findings of the Business Optimism Index unsurprising, with weaker demand and China's slowdown: SCCB chief
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE businesses are less confident about prospects for the second quarter of 2019, making it the third straight quarter of waning sentiment, going by the latest quarterly Business Optimism Index released on Tuesday by the Singapore Commercial Credit Bureau (SCCB).
The overall index came in at +5.08 percentage points for Q2 2019, down from the +7.19 percentage points in Q1 2019. On a year-on-year basis, the index moderated further, from the +8.50 percentage points in Q2 2018.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities