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2025-10-31 15:00:49
[Singapore's Manufacturing Confidence Improved Significantly in Q3] ⑴ Singapore's Manufacturing Business Confidence Index rose to 8 in Q3 2025, a cautious but significant improvement from the previous reading of 5. ⑵ The electronics sector index reached positive 30, becoming the main driver, supported by continued AI-related demand in the semiconductor field. ⑶ The biopharmaceutical sector index turned positive to 11, boosted by expected increases in pharmaceutical orders. ⑷ The transportation engineering sector maintained an optimistic outlook at positive 13, driven by strong demand for aerospace maintenance. ⑸ The precision engineering sector had the weakest outlook, with an index of negative 35, as companies reported global uncertainty leading to delayed customer orders. ⑹ The chemical sector remained at negative 4, affected by weak demand and equipment maintenance shutdowns. ⑺ Q4 output expectations turned positive to 7, with most industry clusters expected to increase output. ⑻ Employment levels are expected to remain broadly stable.
