Market View: What are the factors contributing to Singapore's resilient manufacturing activity amid global uncertainties?
Published Date: 21-06-2022
Manufacturing confidence in Singapore held up despite uncertainties from the war in Ukraine and inflation rate hikes by central banks around the world. Factory activity expanded faster in May. The sector also welcomed new entrants each year despite the pandemic. But what are the factors contributing to the resilience we saw in the manufacturing sector, and what are the challenges and opportunities going forward? How are global headwinds weighing on the sector? In Market View, Prime Time’s Finance Presenter Chua Tian Tian spoke with Lennon Tan, President, Singapore Manufacturing Federation to find out more.
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