Lacklustre manufacturing sector prompts slower industrial sales activity in 3Q2023
Singapore’s industrial sales activity in 3Q2023 has seen a decrease, with the number of deals and deal value declining 16.4% q-o-q and 13.9% q-o-q, respectively. This weakened performance is largely a result of the contraction of the manufacturing sector. According to the Ministry of Trade and Industry (MTI) in October, the country’s manufacturing output had […]