International Business Report 2008 – Country focus: Singapore
International Business Report 2008 – Country focus: Singapore
The Grant Thornton IBR 2008 reveals that privately held businesses (PHBs) in most economies remain optimistic about economic prospects for the year ahead. For the fifth consecutive year, India tops the league table as the most optimistic economy with an optimism/pessimism balance1 of +95 per cent with the Philippines joining them at the top for the first time (also +95 per cent). Japan is still at the bottom this year with a balance of -49 per cent.Meanwhile, PHBs in Singapore are still as optimistic about 2008 (+84 per cent) as they were about 2007 (+84 per cent).