The Business Times
business-time-50
BT-SUSS SURVEY
·
SUBSCRIBERS

Singapore firms’ optimism about business prospects reach two-year high in Q2: BT-SUSS poll

The survey’s other indicators also show an improvement in business conditions

google-preferred-sourceAdd BT as a preferred source
Sharon See

Sharon See

Published Mon, Aug 12, 2024 · 05:00 AM
    • Economists say the results are consistent with improved sentiments among manufacturing and services companies in recent government surveys.
    • Economists say the results are consistent with improved sentiments among manufacturing and services companies in recent government surveys. PHOTO: BT FILE

    SINGAPORE companies’ optimism about the next six months reached a two-year high in the second quarter of 2024, amid an improvement in the business environment, a quarterly survey has showed.

    The net balance for business prospects rose to 8 per cent in Q2, a 5-point gain over the previous quarter, according to the latest Business Times-Singapore University of Social Sciences (BT-SUSS) Business Climate Survey.

    The net balance is the difference between the share of firms with an increase and those with a decrease in an indicator, compared to the year-ago period, with a positive net balance suggesting expansion.

    Business sentimentSingapore economy

    TRENDING NOW

    The Monetary Authority of Singapore said it is following up with the three Singapore entities to reinforce its expectations of conduct and compliance.

    Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Nuclear power “is very much back in the conversation” in Asia, say industry observers.

    As India and China surge ahead with nuclear energy, all eyes on Asean’s next move

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More