SGSME logo
SUBSCRIBERS

SMEs in Singapore wary of expanding and investing, even as sentiment improves: poll

Gradual economic recovery from pandemic has helped to ease SMEs' negative expectations

Published Tue, Dec 22, 2020 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    BUSINESS sentiment among small and medium-sized enterprises (SMEs) in Singapore has eased off its record low, but firms are still expected to hold off expansion and capital investments for the first half of 2021.

    That's according to the Singapore Business Federation (SBF) and information service Experian's latest quarterly poll, where 2,100 SMEs across six sectors were surveyed between Oct 6 and Nov 13.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.