More Singapore companies to expand hiring amid growing business confidence

SINGAPORE, Aug. 22 (Xinhua) -- Up to 40 percent of surveyed businesses in Singapore expect to expand hiring in the next 12 months, while 12 percent of the companies intend to reduce staff, according to a report issued by the Singapore Business Federation (SBF) on Thursday.

The growing hiring intention results from the optimism in business outlook, according to the SBF National Business Survey manpower and wages