Credit Brief on Singapore SMEs Q2 2018
This is a quarterly report jointly published by the CRI at the Risk Management Institute of National University of Singapore and Validus Capital Pte. Ltd.
According to the survey conducted by the Singapore Business Federation and DP Information Group, Singapore SMEs remain upbeat about their prospects for the second half of 2018 but is more cautious due to the ongoing trade war between US and China. Survey respondents expect the outlook for turnover and profits to remain stable with the Business Services sector being the most optimistic.