Staff Reporter
Published:
Photo from OCBC SME Index 3Q 2026 Report
The sector index has now stayed above 50 for five straight quarters.
The transport and logistics sector maintained a healthy pace of growth with a rise in reading to 51.8 in the third quarter (Q3) from 51.5 in Q2, according to OCBC’s SME Index report.
The index continued to grow from readings of 51.2 in Q1, 50.2 in Q4 2025, 49.9 in Q3 2025, and 49.8 in Q2 2025.
Overall collections and payments grew by 18.8% and 20.4%, respectively, on a year-on-year basis.
Growth in the sector was supported by expansions in logistics (52.0) and sea transport (51.7).
Firm external trade activity could have provided a supportive backdrop for small and medium enterprises in these segments, amidst strong growth in Singapore’s exports, the report said.
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