According to a survey by the Singapore Economic Development Committee announced on Friday, business centement in Singapore’s manufacturing department remains positive, despite the continuous uncertainty in geopolitics and the world economy.
The survey stated that 21 % of the manufacturers expected would be improving business conditions in the first half of 2025. As a result, 16 % of the company’s Junka Balds are optimistic about the business outlook from January to June compared to the fourth quarter of 2024.
In various industries, electronics clasters are most optimistic. The 25 % of the electronics companies predict a better business environment for six months until June 2025.
“This optimism is driven greatly by semiconductor segments that predict that the robust growth of artificial intelligence applications continues to support chip demand, despite the uncertainty about US trade policy.” Masu.
Furthermore, the Singapore Statistics Bureau on Friday also announced business expectations for service sector, revealing that 17 % of companies in the first half of 2025 are optimistic about business conditions, and foreseeing that 10 % are sluggish. Masu.
