Manufacturing activity at its fastest pace in July

It was buoyed by improvements in new orders and new exports.

Reuters reported that the activity in Singapore factories expanded at its fastest pace in three months in July, buoyed by improvements in new orders, new exports and factory output.

The Singapore Institute of Purchasing & Materials Management's Purchasing Managers' Index (PMI) edged up to 51.0 from June's 50.9, reaching the highest level since 51.1 in April.

Read the story here.

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