Singapore SMEs Register Improved Health in Q4: OCBC SME Index
Singapore SMEs Register Improved Health in Q4: OCBC SME Index
OCBC attributed growth particularly to a recovery in global electronics demand and manufacturing output in the second half of the year, which in turn led the index to register broad-based improvements across all industries.1 in 5 SMEs are looking to expand overseas and improve business in 2025.
五分之一的中小板企業在尋找在2025年擴展境外和改善業務。
The OCBC SME Index expanded to 50.7 in Q4 2024, its third consecutive quarter of expansion.
華僑銀行中小板指數在2024年第四季度擴展至50.7，連續第三個季度擴展。
Trade-related industries, particularly Transport & Logistics and Wholesale Trade, supported small and medium enterprises' (SME) health.
與貿易相關的行業，特別是交通與物流和批發貿易，支持了中小板企業的健康。
OCBC attributed growth particularly to a recovery in global electronics demand and manufacturing output in the second half of the year, which in turn led the index to register broad-based improvements across all industries.
華僑銀行特別將增長歸因於全球電子需求和下半年製造業產出的恢復，從而導致指數在所有板塊上都出現了廣泛的改善。
Exceptions are Healthcare and Education, although these are possibly seasonal, according to the bank.
例外的是醫療保健和教育，儘管這些可能是季節性的，銀行表示。
The OCBC SME Index measures the business health and performances of SMEs in Singapore, using transaction data of 100,000 SME customers of OCBC. These SMEs have an annual sales turnover of up to S$30m.
華僑銀行中小板指數衡量新加坡中小板企業的業務健康和表現，使用了10萬名華僑銀行中小板客戶的交易數據。這些中小板企業的年銷售額最高可達3000萬新元。
A score of 50 represents zero change in the inputs from a year ago. A score above 50 signifies improved health, whilst below 50 shows a deterioration.
50的得分代表與一年前的輸入沒有變化。得分高於50表示健康改善，而低於50則顯示惡化。
Prior to 2024, the index had logged five consecutive quarters of contraction, turning expansionary only in Q2 2024.
在2024年之前，該指數記錄了五個連續季度的收縮，在2024年第二季度才轉爲擴展。
In the first half of the year, overall growth was muted partly by the weaker performance of outward oriented sectors, even as consumer facing sectors registered growth, OCBC said.
根據OCBC的說法，儘管面向消費者的行業實現了增長，但由於面向外部的行業表現疲軟，上半年整體增長仍然受到抑制。
In 2025, the OCBC SME Index is likely to remain in expansionary range.
在2025年，OCBC中小板指數可能仍將在擴張區間內。
"SMEs are expected to benefit from the resilience in external demand led by the ongoing tech and electronics upcycle, and the easing of inflationary pressures," OCBC wrote.
OCBC寫道：「中小板預計將受益於外部需求的韌性，這得益於持續的科技和電子產品上行週期，以及通脹壓力的緩解。」
Downside risks will persist with elevated geopolitical tensions and increased uncertainty in the global trade environment.
由於地緣政治緊張局勢的持續高企以及全球貿易環境的不確定性增加，下行風險將持續存在。
SME business owners expect their businesses to improve or perform the same, according to the 4Q 2024 OCBC SME Business Outlook poll.
根據2024年第四季度OCBC中小板商業展望調查，中小板業主預計他們的業務將改善或保持不變。
Nearly 1 in 2 (48%) of the nearly 1,000 respondents surveyed expect business to perform better over the next 6 months.
在接受調查的近1000名受訪者中，近2人中有1人（48%）預計在接下來的6個月內業務將表現更好。
Over 1 in 3 (37%) are expecting their performance to remain the same.
超過1/3（37%）的人預計他們的表現將保持不變。
Nearly 20% of business owners, meanwhile, named business expansion as their top priority in 2025, half with plans to grow their businesses overseas.
與此同時，近20%的企業主將業務擴展視爲2025年的首要任務，其中一半計劃將業務拓展到境外。
Another 20% of respondents plan to improve their businesses either by launching new products and services, or by scaling their digital capabilities via joining e-commerce or leveraging digital tools for better operating performance.
另有20%的受訪者計劃通過推出新產品和服務，或通過加入電子商務或利用數字工具提升運營表現來改善他們的業務。
Over 1 in 10 (15%) expect a weaker first half in 2025, slightly higher than the 11% recorded in the Q3 poll, and mainly from the domestic industries.
超過十分之一（15%）的人預計2025年上半年會更弱，略高於第三季度調查中記錄的11%，主要來自國內行業。
