Singapore's manufacturing sector contracts at slower pace in May
Singapore's manufacturing sector contracted for a second straight month in May, but the pace of decline eased slightly. The Purchasing Managers' Index edged up 0.1 points to 49.7 from April. A reading below 50 signals contraction. Some industry experts and recruiters share how the manufacturing sector is adapting its hiring strategies to stay agile. Caitlin Ng reports.
Singapore's manufacturing sector contracted for a second straight month in May, but the pace of decline eased slightly. The Purchasing Managers' Index edged up 0.1 points to 49.7 from April. A reading below 50 signals contraction. Some industry experts and recruiters share how the manufacturing sector is adapting its hiring strategies to stay agile. Caitlin Ng reports.