Last month was the 16th consecutive month of improvement in manufacturing, which makes up a fifth of the economy. The marginally lower reading was attributed to a slower rate of expansion in factory output and inventory.
The Singapore economy expanded 3.1 per cent in the last three months of 2017, higher than economist expectations of 2.6 per cent growth.
SINGAPORE - Singapore's economy grew by 3.5 per cent in 2017 - more than double the initial forecast - and incomes rose across the board, especially for low- and middle-income earners, said Prime Minister Lee Hsien Loong on Sunday (Dec 31).
Government forecasters expect an economic expansion growth of 1.5 to 3.5 per cent for the coming year.
FACEBOOK0TWITTEREMAIL Better 2017 growth forecast, STI's strong performance and healthy corporate earnings growth add to cheer
Strong funding urged for industry tranformation initiatives
Of 15 industries surveyed, seven managed to improve their net working capital days year on year, two barely maintained their performance and the remaining six saw their net working capital days deteriorate.
Official data released by the Ministry of Manpower showed that the unemployment rate for Singaporeans was 3.2 per cent in September.
On Thursday (Dec 7), the company said that around 50 jobs on-site will be offered in the first development stage.
A well-pressed shirt not only delivers satisfaction to the wearer, but in the case of one social enterprise, also gives a helping hand to seniors needing meaningful work.