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Optimism in Singapore manufacturing hints at recovery

Sharon See
Published Fri, Oct 2, 2020 · 09:50 PM

Singapore

SINGAPORE'S manufacturers appear to be optimistic about business prospects, with September's Purchasing Managers' Index (PMI) remaining in expansionary territory for the third straight month.

September's reading saw a faster expansion at 50.3, inching up 0.2 point from August, according to data from the Singapore Institute of Purchasing and Materials Management (SIPMM).

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