The Republic’s factory activity expanded at a slightly faster pace in July, supported by the continuing artificial intelligence-related upcycle, even as the prolonged Middle East crisis intensified supply-chain pressures.  The Purchasing Managers’ Index (PMI) edged up 0.1 point from June to 51.4 last month, data from the Singapore Institute of Purchasing and Materials Management (SIPMM) showed on Monday (Aug 3). This marks 12 straight months of expansion. A reading above 50 indicates expansion, while one below 50 indicates decline. Within manufacturing, the PMI for the linchpin electronics sector grew by 0.2 points to 52.4, marking the 14th consecutive month of expansion.   https://www.businesstimes.com.sg/singapore/economy-policy/singapore-pmi-edges-51-4-july-despite-middle-east-supply-chain-pressures (ICE SINGAPORE)

Fonte notizia: The Business Times, 3 August 2026