Case Study: 

Only 3% of firms expect a better business situation, a dip from 9% last quarter.

The balance of services sector firms optimistic about business in the first half of 2018 dipped from +9% last quarter to +3%, but it is still an improvement from last year's balance of -14%, the Department of Statistics Singapore (SingStat) revealed.

According to its business expectations survey, overall, a weighted 15% of firms are optimistic about business, whilst 12% of firms foresee slower business. About 73% of the firms anticipate the level of business activity to remain the same.

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