Services

China’s services growth hits 6-month low in December: private PMI

[BEIJING] China’s services activity expanded at its slowest pace in six months in December, as growth in new business softened and foreign demand declined, a private-sector survey showed on Monday.

Prices continued to rise for labour-intensive industries such as hotel and construction work, data showed.

Japan’s leading indicator of service inflation hits 2.7% in October

Consumer inflation has also exceeded 2 per cent for over three years

MOM regularly reviews DRCs based on Singapore’s economic needs, workforce outcomes, and infrastructural and social constraints, says Manpower Minister Tan See Leng.

Landscaping, conservancy to get ‘targeted flexibilities’ in foreign worker quotas

This means they may not be subject to the overall dependency ratio ceiling of 35% for the services sector

China remains on track to meet its economic target of around 5 per cent this year, though a prolonged property slump, weak domestic demand, and trade uncertainty continue pressuring policymakers to introduce more stimulus.

China’s services growth hits three-month low in October, PMI shows

Policymakers last month unveiled their economic plan for 2026-2030, prioritising manufacturing and technology self-reliance while pledging to boost consumption

Employment in the service sector has expanded slightly as firms responded to increased sales and anticipated future demand, according to survey respondents.

Japan’s service sector extends gains in September: PMI

The rate of input cost inflation has eased slightly, but companies continued to note high costs for labour, raw materials and fuel

New business growth slowed marginally in September from August, but new export orders rose at the fastest pace in seven months, helped by a recovery in tourism.

China’s service activity growth moderates: private PMI

[BEIJING] China’s services activity grew in September but at a slightly slower pace, a private survey showed on Tuesday, with job losses weighing on the sector despite strong domestic and overseas dem...

China’s economy has been struggling to regain momentum amid a protracted property slump, weak household confidence and soft private investment.

China’s services activity growth hits 15-month high in August, private PMI shows

[BEIJING] China’s services activity expanded at the quickest pace in 15 months in August, buoyed by firmer demand at home and a rebound in foreign orders, a private-sector survey showed on Wednesday.

Solid growth in new business underpinned Japan's service sector’s performance, with total new orders rising at the fastest rate since February despite foreign demand contracting at its sharpest pace in more than three years.

Japan’s service sector growth moderates in August, PMI shows

[TOKYO] Japan’s service sector growth moderated in August, with domestic demand remaining robust even as companies cut staffing levels for the first time in nearly two years, a private sector survey s...