Singapore PMI continues six-month expansion streak

Factory activity continues to accelerate in December.

The Singapore Purchasing Managers’ Index (PMI) recorded a 0.1 increase to 50.5 from the previous month’s 50.4, continuing the six-month expansion streak of the manufacturing industry.

Singapore’s PMI expansion started in July with 50.2. A PMI reading above 50 is an expansion, whilst any number below is a contraction.

In April, the Singapore PMI recorded a 44.7, the lowest contraction of 2020. The highest expansion recorded for the year was 50.5.

Sophia Poh, SIPMM vice-president for industry engagement and development, said in a statement that the manufacturing sector has ended the eventful year with a positive reading.

"It is heartening to note that the sector is looking ahead to a brighter outlook for the new year, even though it will take some time before wide-scale vaccination programmes can be implemented globally,” she added.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia