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Singapore business confidence falls to record low on coronavirus worries: Survey
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An almost empty restaurant in the Orchard Road shopping district on March 10, 2020.
PHOTO: AFP
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SINGAPORE (THE BUSINESS TIMES) - Business sentiment among Singapore firms plunged to an all-time low in the second quarter of 2020 because of coronavirus health risks and potential economic impact.
This is according to the Singapore Commercial Credit Bureau's (SCCB) latest Business Optimism Index study out on Tuesday (March 10).