Singapore manufacturers, services firms less upbeat about next 6 months
In manufacturing, transport engineering is most upbeat; in services, info & comms among the most optimistic
Add BT as a preferred source
Fiona Lam
Singapore
MANUFACTURING and services firms in Singapore have become less optimistic about business prospects in the next six months, although both sectors expressed overall slight positive sentiment, two surveys released on Tuesday have found.
The surveys, covering firms' expectations for April till September, were released by the Economic Development Board (EDB) for the manufacturing sector, and the Department of Statistics (Singstat) for services.
TRENDING NOW
High Court rejects bid to bring ST Engineering unit into trademark infringement suit over RSAF aircraft parts
Ex-Sakae director Ong Siew Kwee handed 10.5-year jail term for misappropriating S$15.8 million, lying in court
DBS sees choppy Q3 for STI as investors pivot from Singapore banks to listcos that are unlocking value
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
