In brief
Singapore’s Department of Statistics revealed that service firms expect business conditions to improve over the next six months, with a net 15% anticipating a more favorable outlook and 21% feeling optimistic. All industry sub-sectors foresee improvement, and a net 16% expect operating revenue to rise in the final quarter of 2026.
Singapore’s Department of Statistics released a business expectations survey on Monday, reporting that service sector firms anticipate better business conditions from October 2026 through March 2027. Fifteen percent of respondents expect a more favourable outlook, 21 percent feel optimistic, and six percent foresee weaker conditions.
Every industry within the services sector projects improvements, and a weighted net of 16 percent anticipate an increase in operating revenue during the last quarter of 2026.
The data, gathered in the early hours of November 3, was presented by the Singapore Department of Statistics in a statement to Xinhua, noting that the outlook was based on a weighted survey of firms across the sector.