GDP

Local SMEs cautiously positive about economic outlook

Small and medium enterprises (SMEs) remain positive about Singapore's economic outlook this year. But sentiment has turned somewhat cautious, according to the latest survey by banking giant HSBC on Small Business Confidence in Asia Pacific. Compared to 2007, SMEs will be taking on a more conservative approach this year as the economy is expected to moderate amid a likely slowdown in the US. HSBC is...

Who’s the spoiler?

Now that the fireworks are over, here comes a reality check. While the fanfare is over how a sparkling first half will lift the entire year’s economic showing — the Government announced on Friday that the GDP expanded by 8.6 per cent year-on-year in the second quarter — a growing monster halfway round the world is threatening to gatecrash Singapore’s party. The pundits call it the “United...

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