Manufacturing sentiment positive in December

Singapore

SINGAPORE'S manufacturing sentiment entered positive territory for the first time in eight months in December - prompting economists to suggest that the worst may be over for the sector that has taken battering from the US-China trade war.

The Purchasing Managers' Index (PMI) went up by 0.3 points in December from the preceding month to record a marginal expansion at 50.1, said the Singapore Institute of Purchasing and Materials Management (SIPMM) on Friday.