IN FOCUS

ECONOMY | Staff Reporter, Singapore
Published: 06 Sep 10
564 views
August manufacturing PMI down to 49.4

August manufacturing PMI down to 49.4

The manufacturing PMI contracted for the first time since April 2009 due to declining new orders, new export orders, output and employment.

According to OCBC, the August manufacturing PMI was down 2.8 points from 52.2 in July. The electronics PMI also dropped from 55.7 in July to 50.6.

“Manufacturing momentum may continue to ease in the coming months,” said OCBC.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

TOP NEWS
Fraser and Neave’s revenue plunges 11% to $1.4b in 1Q12
Fraser and Neave’s revenue plunges 11% to $1.4b in 1Q12 As the unprecedented flooding in Thailand has caused the group to halt its dairy operations in Rojana.
Asia Pacific Breweries’ net profit surges 34% to S$155m in 1Q12
Luxury residential market to be the hardest hit by additional buyer’s stamp duty
Emerging markets’ GDP to overtake developed economies by 2014
Keppel more likely to win drilling contracts from Azerbaijan NOC
OTHER ECONOMY NEWS
Emerging markets’ GDP to overtake developed economies by 2014
Emerging markets’ GDP to overtake developed economies by 2014 It’s not so far-fetched with almost 70% of total world growth seen to come from emerging markets in Asia.
Will Singapore escape mass unemployment?
Surplus or deficit for FY2012 Singapore budget?
90% of business executives expect more protectionist measures
Singapore ranked third most globalized economy
SIGN UP FOR NEWSLETTER
COMMENTARY

MAGAZINE
AWARDS & EVENTS
FOLLOW US
EVENTS CALENDAR
PRINT EDITION HIGHLIGHTS