Slight uptick in business confidence for another quarter: SCCB

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Slight uptick in Singapore business confidence for another quarter: SCCB

The financial and manufacturing sectors were the most upbeat while the agriculture sector expected employment to remain unchanged.

On an overall level, the financial, manufacturing and services sector saw visible improvements in sentiment, while the outlook within the construction and transportation sectors remained downbeat. SCCB said the services sector was moderately upbeat with half of the six indicators in positive territory. Indicators such as the volume of sales and net profit saw slight drops, while employment levels dipped.

 

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