SME Spotlight

SMEs upbeat about rest of year, but wary of trade tensions

Survey finds improvement in outlook for three sectors, but another three post slight declines

Small and medium-sized enterprises (SMEs) remain upbeat about their prospects for the second half of this year, but caution has crept in as a result of United States-China trade tensions.

The Singapore Business Federation-DP (SBF-DP) SME Index dipped marginally from 51.8 to 51.5 in its latest poll, indicating a slight easing of optimism among smaller businesses. A score of above 50 indicates an expectation of growth, while one below 50 suggests contraction.

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A version of this article appeared in the print edition of The Straits Times on June 20, 2018, with the headline 'SMEs upbeat about rest of year, but wary of trade tensions'. Print Edition | Subscribe