Optimism rising in Singapore's manufacturing, services sectors
38% of manufacturing firms and 11% of services firms expect favourable business conditions for next six months
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Singapore
BUSINESS optimism in Singapore's manufacturing and services sectors has continued to rise, with more firms seeing better conditions in the six months ahead, showed quarterly surveys released on Friday.
In manufacturing, a net weighted balance of 38 per cent of firms expect favourable business conditions for the six-month period from April to September, compared to the first quarter of 2021. This was up from 36 per cent in the previous quarter's survey.
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