singapore department of statistics fourth quarter 2003 business expectations for oct mar 2004 the survey was conducted in september main findings are presented below commerce sector favourable conditions expected to continue six months ending overall a net balance 23 firms anticipates brisk activities ahead strengthening positive sentiments registered ago most hoteliers optimistic expecting recent rise tourist arrivals catering trade restaurants and fast food outlets foresee improved coming view year end festivities retail better sales during christmas period is boost stores those selling wearing apparel & footwear jewellery watches medical goods toiletries home appliances wholesale dealing electronic components computers office equipment industrial machinery also forecast higher income services expects climate improve further
