Pessimism, poor performance persist: BT-SUSS poll of business climate
Manufacturing bounces back as 'best performing' sector, but some say it's just the 'least worst'
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BUSINESS conditions weakened for the sixth straight quarter and firms stayed glum, even as manufacturing re-emerged the best-performing sector - or at least showed less deterioration than the others - in the latest Business Times-Singapore University of Social Sciences (BT-SUSS) Business Climate Survey.
The quarterly survey found that sales, profits, and orders or new business all weakened in the third quarter, though at a slowing pace.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
