Half of local businesses expect Singapore's business climate to worsen this year, says SBF survey

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SINGAPORE (Jan 14): Singaporean businesses are feeling the pinch of the sluggish economic climate laced with uncertainty. 

According to the latest annual National Business Survey released by the Singapore Business Federation (SBF), some 49% of local businesses expect Singapore’s business climate to become more challenging this year, while 44% expect the climate to remain the same. 

Conducted between August and October 2019, the survey also found that 51% of all businesses felt the Singapore business environment had worsened over the past year. 

According to the CEO of SBF Ho Meng Kit, the weaker overall...(click on link for full story on theedgesingapore.com)