SINGAPORE (June 10): Business sentiment among local firms remained tepid for 3Q19 despite a slight rebounded for the first time after three straight quarters of decline, according to Singapore Commercial Credit Bureau (SCCB)’s Business Optimism Index quarterly study.

On a year-on-year basis, BOI fell from +10.58 percentage points in 3Q18 to +6.91 percentage points in 3Q19.

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