Factory activity in Singapore rises to four-month high
Published on Mar 3, 2014 10:04 PM
Singapore's factory activity hit a four-month high last month, as the local manufacturing sector continued to recover despite some weakness across the region.
The latest Purchasing Managers' Index (PMI), released on Monday night, rose to 50.9, the highest level since October last year.
This was up from 50.5 in January. A reading above 50 indicates growth.
New orders and new export orders here continued to expand last month, although by less than in January.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!