Singapore business sentiment remains negative for Q3, but companies less pessimistic

Business sentiment of Singapore firms remains negative for Q3 2020. Although the findings were downbeat, it was not as pessimistic compared to last quarter's record low. The Singapore Commercial Credit Bureau's survey attributed the slightly-better outlook to the gradual reopening of the economy as circuit breaker measures eased. Manufacturing and financial services saw improved sentiments, along with better sales and higher employment. Meanwhile, the construction, services and transportation sectors held the bleakest outlook. Subscribe to our channel here: cna.asia/youtubesub Subscribe to our news service on Telegram: cna.asia/telegram Follow us: CNA: cna.asia CNA Lifestyle: www.cnalifestyle.com Facebook: www.facebook.com/channelnewsasia Instagram: www.instagram.com/channelnewsasia Twitter: www.twitter.com/channelnewsasia

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