On a y-o-y basis, the second quarter’s BOI rebounded 1.41 percentage points from the 3.91 percentage points seen in the 2Q2021.
Business sentiment among local firms have moderated slightly for the 2Q2022, says Singapore Commercial Credit Bureau (SCCB), a subsidiary under Credit Bureau Asia (CBA) on March 15.
According to SCCB, the business optimism index (BOI) dipped 0.56 percentage points q-o-q to 5.35 percentage points in the quarter, down from the 5.91 percentage points in the 1Q2022.
