Ho-hum months ahead for the services sector

No jumping for joy among service businesses with only a net weighted 6% looking forward to better prospects over the next 6 months.

According to the outcome of the Business Expectations Survey within the Services Sector for the Second Quarter 2012 released by the government, a net weighted 6% of service businesses expects the outlook to be better over the next 6 months till September 2012.

In the quarterly survey conducted by the Department of Statistics, those with less favourable outlook in the next 6 months are retail trade at -14% , transport and storage at -6% and real estate at -23%.

All other services were more optimistic, the highest being the recreation, community and personal services sector at +26%. Other expectant industries were accommodation at +18%, wholesale trade at +17%, information and communication at +16%, financial and insurance at 6%, business services at +2%.

Only the F&B services predicted business to remain the same.

For Q2 2012, the survey found that a net weighted 8% of services expected operating receipts to rise, while 9% expects to increasing hiring.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia