Business Sentiments of Local Companies (October to December 2023)

Business sentiments remained weak in October to December 2023; pessimistic outlook for the year ahead  Infographics can be found at the end of the article.   In 2023, Singapore businesses kickstarted the year amid an uncertain global landscape. As the year progressed, there was a modest upturn in revenue and manpower during the third quarter, […]



Business Sentiments of Local Companies (July to September 2023)

Business sentiments remained weak but saw modest growth in July to September 2023 Infographics can be found at the end of the article.   Despite weak global demand and tight financial conditions, Singapore’s economy grew modestly in the third quarter of 2023 (July to September). The Ministry of Trade and Industry (MTI) reported advance estimates […]



Business Sentiments of Local Companies (April to June 2023)

Weaker business sentiments seen in the latest quarter (Apr-Jun 2023) (Business Sentiment Survey Q1’FY23) Singapore’s economy experienced modest growth in the second quarter of 2023, narrowly avoiding a recession. The reopening of China raised expectations for continued economic recovery in trade and tourism that will benefit Singapore’s economy. However, export demand has waned due to […]