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Business sentiment improves in 4Q2021, but SCCB cautions of downside risks

Amala Balakrishner
Amala Balakrishner • 2 min read
Business sentiment improves in 4Q2021, but SCCB cautions of downside risks
The increased optimism for 4Q2021 is due largely to a relatively resilient demand in manufacturing and the financial services
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Business sentiment for 4Q2021 has improved among local firms, a survey released by the Singapore Commercial Credit Bureau (SCCB) on Sep 14 points out.

SCCB is a subsidiary of Credit Bureau Asia (CBA), a credit and risk information solutions provider in Southeast Asia.

The survey – which captures the Business Optimism Index (BOI) – noted that business optimism here has inched up marginally to +5.78 percentage points for 4Q2021, compared to +4.07 percentage points in 3Q2021.

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