Data from the Singapore Commercial Credit Bureau (SCCB) released on March 11 showed that the business optimism index rose for the third consecutive quarter. Year-on-year, the index for the quarter was also higher than the 4.6 percentage points in the second quarter of 2023. Similar to the previous quarter, indicators of sales volume, net profit, selling price, new orders and employment level stayed expansionary. In the year, sales volume jumped to 3.7 percentage points from 1.49 percentage points. Inventory level improved to minus