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Firms’ confidence slides; outlook for 2026 remains cautious: Survey

08:08 Min

Singapore businesses are reporting weaker confidence for 2026, even as fears over US tariffs fall sharply from earlier this year. A national survey released by the Singapore Business Federation found that only four per cent of companies are seeing higher profitability. Musa Fazal, Chief Policy and Operating Officer, Advocacy and Policy at the Singapore Business Federation, talks about reasons why and how businesses responding. 

Singapore businesses are reporting weaker confidence for 2026, even as fears over US tariffs fall sharply from earlier this year. A national survey released by the Singapore Business Federation found that only four per cent of companies are seeing higher profitability. Musa Fazal, Chief Policy and Operating Officer, Advocacy and Policy at the Singapore Business Federation, talks about reasons why and how businesses responding. 

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