Firms in the services sector here are upbeat about business conditions over the next six months due to upcoming major events such as the F1 Singapore Grand Prix in October and artificial intelligence (AI)-related demand, a survey has found.The Singapore Department of Statistics (SingStat) polled a total of 1,600 businesses which accounted for about 70 per cent of the operating revenue in their respective industry.The poll was conducted between June and July.They were asked to indicate their expectations of the business situation and other indicators such as operating revenue and employment.The Business Expectations survey for the services sector released on Friday (July 31), found that a weighted 19 per cent of firms were upbeat about business conditions, while 6 per cent anticipated weaker conditions.Among them, companies in accommodation and wholesale trade were most positive, followed by those in recreational, community and personal services, and in administrative and support services. Read more