The SBF-Experian SME Index, which measures the business sentiment of SMEs in Singapore, comprises inputs from SMEs, registered an overall reading of 48.3 for the period of 2Q-3Q2020.
SINGAPORE (Apr 2): Fears are mounting among small and medium enterprises (SMEs), a segment which has been lauded as one of Singapore’s main economic drivers, as the Covid-19 pandemic escalates.
A quarterly survey conducted by the Singapore Business Federation (SBF) and Experian revealed that business optimism across some 3,000 SMEs from six sectors is at its lowest since 2009.
