Singapore business expectations remain bleak

Xinhua, 1 Feb 2012
The business outlook for the services and manufacturing sectors of Singapore in the first half remained weak, according to results of surveys released on Tuesday.
The results of the latest business expectations survey by the Department of Statistics showed that all industries in the services sector were expecting a negative outlook for the first half of the year, except the recreation, community and personal services.
The real estate sector fared the worst, with a net weighted 60 percent surveyed expecting less favourable business prospects. Full story