31.10.202505:27:22UTC+00Singapore Business Confidence Improves in Q3

Business confidence within Singapore's manufacturing sector experienced an uptick in the third quarter of 2025, reaching a level of 8, an improvement from the previous quarter’s reading of 5. The electronics sector, with a robust index of +30, was a significant contributor to this positive sentiment, driven by continued AI-related demand in the semiconductor segment, despite existing challenges such as trade and tariff risks. The biomedical sector also exhibited increased optimism, with a rise to +11, fueled by anticipated growth in orders for pharmaceuticals and medical technology products. Similarly, transport engineering maintained a positive outlook at +13, propelled by strong demand in aerospace maintenance, repair, and overhaul services. Conversely, precision engineering demonstrated the weakest outlook with a negative index of -35, as firms cited delays in customer orders due to global uncertainties. The chemicals sector remained subdued at -4, impacted by weak demand and maintenance shutdowns.