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
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.
The SBF-Experian SME Index for January to June 2021 rose to 48.2, up from the all-time low of 46.3…
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