Firms out of the red, but mood gets gloomier in Q3: survey
Adjusted regression analysis suggests Q4 growth of 7.1-8.3%, but business prospects net balance was 10%, down from 27% in Q2: BT-SUSS survey
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Singapore
ALTHOUGH firms have just about edged out of the red, their optimism dimmed in the third quarter of 2021, according to the latest quarterly Business Times-Singapore University of Social Sciences (BT-SUSS) Business Climate Survey.
Still, the survey consultants see gross domestic product (GDP) growth possibly coming in at 7.1 to 8.3 per cent in the fourth quarter, which would make for full-year growth of 7.6 to 7.9 per cent.
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