Fewer manufacturers upbeat that business conditions will improve in H1: EDB survey

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Singapore manufacturers are not as upbeat about business conditions improving in the first half of 2022. This is despite the overall outlook remaining positive, even with new COVID-19 variants and supply chain pressures. According to the Economic Development Board’s latest survey, 15 per cent of firms are positive about the outlook in the next six months. This is a dip from the 22 per cent previously.

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