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Manufacturing doldrums may be hitting nadir with gradual recovery in 2020

Published Tue, Dec 3, 2019 · 09:50 PM

Singapore

THE manufacturing sector, which has suffered greatly from the ongoing trade war, is now showing signs of bottoming out, according to market watchers.

In the first half of 2020, the manufacturing sector is expected to stabilise and see a gradual recovery going in the second-half year, said Neo Teng Hwee, UOB Private Bank chief investment officer and head of investment products and solutions.

Mr Neo attributed this to the possible adjustments that will be made. "When things hit a low, people sta…

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