Singapore manufacturing PMI rises to 51.5 in August
Singapore’s manufacturing purchasing managers index rose to 51.5 in August, supported by strong AI-related demand, according to the Singapore Institute of Purchasing and Materials Management.
By Amanda LeeSINGAPORE--A key gauge of Singapore's manufacturing activity rose in August, driven by strong artificial intelligence-related demand.The purchasing managers index, compiled by the Singapore Institute of Purchasing and Materials Management, rose to 51.5 in August, a tad higher than July…