Search
On September 29, economists at China Galaxy Securities highlighted in a research report that Singapore's manufacturing outlook in the near term seems precarious, largely due to the trade uncertainties emanating from the United States. In August, the overall factory output saw a year-on-year decline of 7.8%, primarily dragged down by the electronics and biomedical manufacturing sectors. The production of electronic products, such as semiconductors, experienced a contraction, mirroring the sluggish global demand for chips. The tariff uncertainties instigated by the United States, coupled with the pressure to relocate semiconductor production, present substantial risks. However, the ultimate impact hinges on the execution of policies, and currently, there remains a significant lack of clarity.
-
C114 Communication Network -
Communication Home
