Sponsored Links
Singapore's manufacturers project a more positive outlook of business conditions for the next six months, a survey by the Economic Development Board said Friday.
The survey said that a net 9% of manufacturers anticipate a more favorable business situation in the next six months ending March 2010 as compared to the third quarter of 2009.
Most of the industrial clusters expect better business environments over the next six months, as the global economy shows signs of recovery. The electronics clusters is the most optimistic, while the chemicals chemicals remained concerned about business conditions.
Despite the optimism for the next six months, a net 3% of firms expect output to fall in the fourth quarter compared to the previous three months. Electronics and precision engineering clusters project higher output for the fourth quarter, as order intake increases. However, chemicals cluster projects lower production, due to intense competition and seasonal factors, among others.
Meanwhile, the employment outlook is expected to improve. A net 92% of firms expect similar or higher levels of employment in the fourth quarter.
0 komentar:
Post a Comment