S'pore private sector gets export order boost

Nikkei's November PMI reading rises to 52.2 in the biggest jump in 21/2 years


EVEN as Singapore's manufacturing sector remained in contraction mode, latest survey data show how improved external demand caused orders to pick up for Singapore's broader private sector in November.

New export orders rose at the fastest rate in two and a half years.

The headline Nikkei Singapore PMI (purchasing managers' index) reading was at 52.2 in November, up from 50.2 in October and higher than September's 51.4.

The latest headline PMI improvement was modest but was still the strongest...

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