Singapore SME business sentiment sinks to all-time low

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The latest SBF-Experian SME Index, a joint initiative of the Singapore Business Federation (SBF) and information services company Experian, saw its reading of business sentiment drop to 46.3 points, the lowest level since the inception of the gauge in 2009.

"Uncertainties stemming from the Covid-19 outbreak and restrictions to slow the virus' spread have depressed overall expectations of Singapore's SMEs for the next six months," said the SBF in a statement yesterday.