Manufacturers to pick up speed in year-end
PMI rises to 50.5; bio-med demand likely to drive future growth, say analysts
Singapore
SINGAPORE manufacturers are heading into the tail months of 2020 with a rosier outlook, after a rocky story over the past year and a half.
The rebound may not be a flash in the pan either, as factory growth could last until at least the new year.
The Purchasing Managers' Index (PMI) reading was 50.5 points in October, up 0.2 point month on month, in its fourth straight month of growth.
Meanwhile, the linchpin electroni…
SEE ALSO
A NEWSLETTER FOR YOU
SGSME
Get updates on Singapore's SME community, along with profiles, news and tips.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF
Daily Debrief: What Happened Today (Apr 23)
Daily Debrief: What Happened Today (Apr 24)
Daily Debrief: What Happened Today (Apr 22)