Home News Singapore economy

Outlook for financial and manufacturing sectors 'most optimistic' in 2Q2022, says SCCB

Felicia Tan
Felicia Tan3/15/2022 1:8 PM GMT+08  • 3 min read
Outlook for financial and manufacturing sectors 'most optimistic' in 2Q2022, says SCCB
SCCB CEO Audrey Chia says she expects the "overall outlook of firms to remain cautiously optimistic in the next quarter".
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

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.

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.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now