- Joined
- May 16, 2023
- Messages
- 35,813
- Points
- 113
Subscribe from S$9.90/month
Pulse
Singapore SMEs enter contraction territory in Q1 2025 amid global uncertainty: OCBC
This follows three consecutive quarters of expansion, which started in Q2 2024Evan See
Published Wed, Apr 16, 2025 · 06:27 PMSingapore SMEs
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
[SINGAPORE] The Republic’s small and medium-sized enterprises (SMEs) slipped into contractionary territory in Q1 2025 for the first time since Q1 2024, the latest OCBC SME Index report released on Wednesday (Apr 16) indicated.
The quarterly index, which tracks the business health and performance of SMEs, fell slightly from 50.7 in Q4 2024 to 49.9.
This follows three consecutive quarters of expansion, which began in Q2 2024. A score above 50 reflects improved business health, while scores below 50 indicate deterioration.
Pulse
Singapore SMEs enter contraction territory in Q1 2025 amid global uncertainty: OCBC
This follows three consecutive quarters of expansion, which started in Q2 2024Evan See
Published Wed, Apr 16, 2025 · 06:27 PMSingapore SMEs
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
- Domestic-facing SMEs are likely to experience impact from the tariffs, due to higher costs and inflationary pressures, says OCBC. PHOTO: BLOOMBERG
The quarterly index, which tracks the business health and performance of SMEs, fell slightly from 50.7 in Q4 2024 to 49.9.
This follows three consecutive quarters of expansion, which began in Q2 2024. A score above 50 reflects improved business health, while scores below 50 indicate deterioration.
