Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.

Publish Date : 05-Dec-2012

Singapore\'s manufacturing economy contracted in November from the previous month, the latest purchasing managers\' index (PMI) showed.

The overall PMI reading improved to 48.8 in November from October\'s 48.3 But it remained under 50, signalling a contraction of the manufacturing sector.

This was due to further declines in new orders and production output, said the Singapore Institute of Purchasing and Materials Management, which compiles the monthly index.

The PMI for the key electronics sector also pointed to a continued contraction, slipping to 47.4 in November from 47.5 in October.

Go to previous page