Optimism in Singapore manufacturing hints at recovery
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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).
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts