Singapore companies less upbeat on prospects for next six months

Earthtimes.org, 31 Oct 2008, DPA

Singapore - Singapore's service sector is less upbeat about business prospects for the second half of the fiscal year, according to a quarterly business expectation survey released Friday. Fifteen per cent of the firms surveyed said they thought the business climate would improve from October to March while 30 per cent projected less favourable conditions, according to the survey conducted by the Department of Statistics.

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