Singapore
SINGAPORE SMES FACE A 2026 ‘GROWTH WALL’ AS OCBC INDEX HITS 50.8 PEAK
Singapore’s small and medium enterprises (SME) continued their expansion for the third consecutive quarter in the last three months of 2025, backed by higher collections and payments. According to OCBC’s fourth quarter (Q4) 2025 Report, the OCBC SME Index rose to 50.8 during the said period, remaining in expansionary territory for the third consecutive quarter. This also reflects an increase from the previous quarter’s 50.5. “SMEs rounded off the year on a positive note with a strong performance in Q4 2025. This was accompanied by an 11.8% increase in overall collections and 10.7% increase in overall payments year-on-year,” the report read. SMEs in manufacturing, ICT, and wholesale trade continue to be the main drivers of growth despite the macroeconomic headwinds. Against softer consumer demand and a tougher operating environment, SMEs in the building & construction, retail and education sectors stayed resilient. https://sbr.com.sg/financial-services/in-focus/singapore-smes-face-2026-growth-wall-ocbc-index-hits-508-peak (ICE SINGAPORE)
Fonte notizia: Singapore Business Review, 21 January 2026
