70% of firms think they can ride out next 12 months: SBF poll

Singapore

MORE than three in five businesses (62 per cent) see the prevailing dicey business condition persisting, with economic activities continuing at the present pace for the next 12 months, according to a survey of 225 firms in Singapore.

But most - 70 per cent - of the firms polled say they can still keep business going with thinner profit margins or small operating losses.