About SBF - DP SME Index
DP Info Group partners with the Singapore Business Federation (SBF) since 2009 to conduct quarterly studies on business sentiments amongst Singapore SMEs. Objective of the index is to provide a 6-month outlook of the SME Community in relation to external economic conditions and activities.
The SBF-DP SME index uses a weighted approach that balances qualitative and quantitative measures. The quantitative components track movements in SME’s expectations on various important business aspects, including turnover, profitability and capacity utilization etc.
Over the years, SBF-DP Index has become the definitive and insightful forward-looking measure of SME sentiments.
Considering more than 90% of corporations in Singapore belong to the SMEs community, such insights serve as a strong prediction of the local economic performance and any impending strategies SMEs are looking at.
Leveraging on DP’s strengths in analytics, SME index goes beyond a typical study on SME sentiments. Over the years, DP has been value-adding the index through tracking and drawing trends of the business sentiments in relation to broader economic and industry conditions.
DP further segment the index into 5 industries to draw deeper insights on the confidence level and concerns each industry faced so as to facilitate and build a highly dynamic relationship between the government and the industries.
Latest Index - 4Q2013