Manufacturing

It also recorded the highest order backlog of $16.8b.

UOB Kay Hian said there’s nothing much to worry about the hiccup to Adani Wilmar’s listing.

Singapore was not unscathed with the regional decline of the manufacturing purchasing manager’s index (PMI).

This is the second month in the row when manufacturing grew at a slower pace.

And tourism sector shows signs of recovery.

"Supply chain resilience comes from diversity, connectivity, and trust," said Minister for Trade and Industry Gan Kim Yong.

The overall industrial price index jumped by 2.7% HoH in H1 2021.

Analysts say the manufacturing industry will be relatively unscathed from the tighter social restriction measures.

Firms can nominate until 29 October 2021.

This is the highest industrial growth recorded since November 2010.

The occupancy rate for the overall industrial property market was at 90.1% as of end-June.

The Singapore Purchasing Managers’ Index was at 50.8 in June.

Transport engineering cluster clocked fastest growth pace since 2006

Singapore’s manufacturing output leaped 30% YoY for the month.

The Singapore Purchasing Managers’ Index (PMI) was at 50.7 points in May.

This marks a 4.6% increase from $30.48m last year.