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Singapore manufacturers expect output to rise in Q2 due to strong global demand for semiconductors and AI equipment.
Singapore manufacturers remain optimistic about the next six months, with 17% expecting improved business conditions due to strong global demand for semiconductors and AI equipment.
Output is forecast to rise in the second quarter, led by precision engineering and electronics, though the chemicals cluster remains pessimistic.
Most firms plan to invest in plant and machinery, while the services sector faces challenges, particularly in food and beverage and retail.
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Los fabricantes de Singapur esperan que la producción aumente en el segundo trimestre debido a la fuerte demanda global de semiconductores y equipos de IA.